From Our CEO
Home Prices Up 8% as Supply Fell 22% to a New All-Time Low in July
The national median home price rose 8.2% year over year to an all-time high of $323,800 in July, as low rates drove a spike in early homebuyer demand.
Homes Flying Off Market at Record Pace—46% Accept an Offer Within 2 Weeks
Trying to buy a home today is starting to feel similar to searching for hand sanitizer or toilet paper in the early days of the coronavirus pandemic…
Bidding Wars Hold Steady in July, With Over Half of Redfin Offers Encountering Competition
54% of Redfin offers faced bidding wars last month amid record-low mortgage rates and an acute shortage of homes for sale.
Survey: 25% of Homebuyers Are Moving—Or Moving Sooner Than Planned—Because of the Pandemic
Low mortgage rates, spending more time at home and working from home are driving forces for people moving due to the coronavirus pandemic.
Late-July Home Sale Prices Up 11%, Largest Annual Increase Since 2014
Key takeaways for the 4-week period ending July 26: Pending home sales were up 12% year over year, an increase from the 7% year over
Condo Prices Down 1.4% in June, Sales Down 31%, But Demand Is Ticking Up
Homebuyer interest in condos dropped with the coronavirus pandemic along with prices, but buyers seeking affordable living are starting to return.
Home Prices Up 8% as Supply Fell 22% to a New All-Time Low in July
The national median home price rose 8.2% year over year to an all-time high of $323,800 in July, as low rates drove a spike in early homebuyer demand.
Homes Flying Off Market at Record Pace—46% Accept an Offer Within 2 Weeks
Trying to buy a home today is starting to feel similar to searching for hand sanitizer or toilet paper in the early days of the coronavirus pandemic…
Bidding Wars Hold Steady in July, With Over Half of Redfin Offers Encountering Competition
54% of Redfin offers faced bidding wars last month amid record-low mortgage rates and an acute shortage of homes for sale.
Survey: 25% of Homebuyers Are Moving—Or Moving Sooner Than Planned—Because of the Pandemic
Low mortgage rates, spending more time at home and working from home are driving forces for people moving due to the coronavirus pandemic.
Late-July Home Sale Prices Up 11%, Largest Annual Increase Since 2014
Key takeaways for the 4-week period ending July 26: Pending home sales were up 12% year over year, an increase from the 7% year over
Condo Prices Down 1.4% in June, Sales Down 31%, But Demand Is Ticking Up
Homebuyer interest in condos dropped with the coronavirus pandemic along with prices, but buyers seeking affordable living are starting to return.
