From Our CEO
Buyers in Indianapolis, Omaha and Seattle are Snapping Up Homes in 5 Days or Less
Homes in Portland, OR and Denver are also selling in a handful of days. In Austin, 74% sold above list price. Nationwide, almost half of
For Low-Tax States, Four People Move In For Every One Person Who Leaves
The trend is reversed in high-tax states, where an average of 2.5 people leave for every one person who moves in. One in five homebuyers
Housing Market Update: Homes Keep Selling Faster Than Ever—Typical Home Sold in Just 18 Days
Home prices were up 22% from 2020, new listings fell slightly, and competition remained intense.
Almost Three-Quarters of Home Offers Written By Redfin Agents Faced Bidding Wars In April
That’s up from 45% a year earlier and marks the 12th-straight month in which more than half of home offers encountered competition. Nearly three-quarters (72%)
Housing-Market Mayhem: U.S. Home Sales Likely to Hit Record High of $2.5 Trillion In 2021
That’s roughly equal to the GDP of France, or the combined market value of Amazon and Facebook. Redfin forecasts a record $2.53 trillion worth of
Demand for Second Homes Is More Than Double Pre-Pandemic Levels
Second-home buyers are out in full force as affluent Americans continue to work remotely from vacation destinations. The number of buyers who locked in mortgage
Buyers in Indianapolis, Omaha and Seattle are Snapping Up Homes in 5 Days or Less
Homes in Portland, OR and Denver are also selling in a handful of days. In Austin, 74% sold above list price. Nationwide, almost half of
For Low-Tax States, Four People Move In For Every One Person Who Leaves
The trend is reversed in high-tax states, where an average of 2.5 people leave for every one person who moves in. One in five homebuyers
Housing Market Update: Homes Keep Selling Faster Than Ever—Typical Home Sold in Just 18 Days
Home prices were up 22% from 2020, new listings fell slightly, and competition remained intense.
Almost Three-Quarters of Home Offers Written By Redfin Agents Faced Bidding Wars In April
That’s up from 45% a year earlier and marks the 12th-straight month in which more than half of home offers encountered competition. Nearly three-quarters (72%)
Housing-Market Mayhem: U.S. Home Sales Likely to Hit Record High of $2.5 Trillion In 2021
That’s roughly equal to the GDP of France, or the combined market value of Amazon and Facebook. Redfin forecasts a record $2.53 trillion worth of
Demand for Second Homes Is More Than Double Pre-Pandemic Levels
Second-home buyers are out in full force as affluent Americans continue to work remotely from vacation destinations. The number of buyers who locked in mortgage
