From Our CEO
24% of Homes Sold This Year Were Bought With All Cash, the Smallest Share in 13 Years
All-cash home purchases reached a low this year largely due to historically low mortgage rates. Nassau County and a handful of Florida metros had the
Homes Sold in November Went Off Market at the Fastest Pace in At Least 8 Years
The national median home price rose 14.0% year over year to $335,519 in November as other measures of competition hit all-time records.

54% of Redfin Home Offers Faced Bidding Wars in November
Competition dipped slightly ahead of the holidays, but remained above 50% for the seventh-straight month amid record-low mortgage rates and relocations. Nationwide, 53.6% of home
Escaping the City: America’s Hottest Neighborhoods of 2021
Vacation towns and suburbs outside of major coastal cities are on the rise as remote work drives Americans to seek out space, solitude and affordability
Redfin’s 2021 Housing Market Predictions: 14.5 Million Americans Will Move Out of Town, Fueling 10% Sales Growth
With the end of the pandemic in sight, more people will relocate than in over a decade The housing market will remain strong through 2021
Housing Market Update: Home Prices Up 15%, Pending Sales Rose 31%
December is typically the slowest month for homebuying, but the housing market is still hot.
24% of Homes Sold This Year Were Bought With All Cash, the Smallest Share in 13 Years
All-cash home purchases reached a low this year largely due to historically low mortgage rates. Nassau County and a handful of Florida metros had the
Homes Sold in November Went Off Market at the Fastest Pace in At Least 8 Years
The national median home price rose 14.0% year over year to $335,519 in November as other measures of competition hit all-time records.

54% of Redfin Home Offers Faced Bidding Wars in November
Competition dipped slightly ahead of the holidays, but remained above 50% for the seventh-straight month amid record-low mortgage rates and relocations. Nationwide, 53.6% of home
Escaping the City: America’s Hottest Neighborhoods of 2021
Vacation towns and suburbs outside of major coastal cities are on the rise as remote work drives Americans to seek out space, solitude and affordability
Redfin’s 2021 Housing Market Predictions: 14.5 Million Americans Will Move Out of Town, Fueling 10% Sales Growth
With the end of the pandemic in sight, more people will relocate than in over a decade The housing market will remain strong through 2021
Housing Market Update: Home Prices Up 15%, Pending Sales Rose 31%
December is typically the slowest month for homebuying, but the housing market is still hot.