From Our CEO
New-Home Sales Up 5.6% in the Third Quarter
New-home sales are up 5.6% year over year, prices are down 1.5% and supply is down nearly 8%.
National Bidding War Rate Hit a 10-Year Low in October
Nationally, just 10 percent of offers written by Redfin agents on behalf of their homebuying customers faced a bidding war in October
Income Gains and Rent Increases Follow Rail Transit
Improving transit access to a neighborhood does not lead to a significant decrease in minority populations, even as incomes and rents rise faster than similar neighborhoods without convenient transit.
Luxury Housing Market Stabilized in the Third Quarter After a Weak First Half
With sales up and supply down, the luxury market moderated after the first two quarters were marred by nerves about an impending recession.
Why We Should All Support Clear Cooperation
Pocket listings harm consumers. When agents offer their listings to exclusive networks of buyers, the academic research suggests minorities are most often the ones who are excluded.
Homeowners are Staying in Their Homes Five Years Longer Compared to 2010, Leaving First-Time Homebuyers with Fewer Options
In Dallas, the typical homeowner has been in their home for 22 years, up from 13 years in 2010 The typical American homeowner in 2019
New-Home Sales Up 5.6% in the Third Quarter
New-home sales are up 5.6% year over year, prices are down 1.5% and supply is down nearly 8%.
National Bidding War Rate Hit a 10-Year Low in October
Nationally, just 10 percent of offers written by Redfin agents on behalf of their homebuying customers faced a bidding war in October
Income Gains and Rent Increases Follow Rail Transit
Improving transit access to a neighborhood does not lead to a significant decrease in minority populations, even as incomes and rents rise faster than similar neighborhoods without convenient transit.
Luxury Housing Market Stabilized in the Third Quarter After a Weak First Half
With sales up and supply down, the luxury market moderated after the first two quarters were marred by nerves about an impending recession.
Why We Should All Support Clear Cooperation
Pocket listings harm consumers. When agents offer their listings to exclusive networks of buyers, the academic research suggests minorities are most often the ones who are excluded.
Homeowners are Staying in Their Homes Five Years Longer Compared to 2010, Leaving First-Time Homebuyers with Fewer Options
In Dallas, the typical homeowner has been in their home for 22 years, up from 13 years in 2010 The typical American homeowner in 2019
