From Our CEO

Together, Homebuyers Who Bought at the Bottom of the Market in 2012 Have Earned $203 Billion in Equity
The typical U.S. homebuyer who purchased a home in 2012 has earned $141,000 in home equity–and it’s much higher in some areas.

Survey: 38% of Homebuyers and Sellers Are Hesitant to Move to a Place Where They’d Be in the Political Minority
We surveyed homebuyers about sentiments related to race and politics during the buying experience.
U.S. Home Sales Post Biggest Increase in More Than 2 Years in August
U.S. home-sale prices increased 2.7 percent year over year in August to a median of $312,200 across the 217 metros Redfin tracks.
Rochester, Buffalo and Hartford Least at Risk of a Housing Downturn in the Next Recession
Whether it happens this year, next year, or in 10 years, another recession is inevitable. Regardless of when it comes, it’s unlikely to have a large negative impact on the real estate market.
10% of Redfin Offers Faced Bidding Wars in August, a New 8-Year Low
The bidding war rate is the lowest it’s been in at least eight years. But some markets, like San Francisco, are still fairly competitive.
What I’ve Learned Running Redfin’s Products Organization
I still have the brown-paper sack on my desk, unopened, full of compliments. Melissa Blume, a Redfin director of product management, recently asked the team

Together, Homebuyers Who Bought at the Bottom of the Market in 2012 Have Earned $203 Billion in Equity
The typical U.S. homebuyer who purchased a home in 2012 has earned $141,000 in home equity–and it’s much higher in some areas.

Survey: 38% of Homebuyers and Sellers Are Hesitant to Move to a Place Where They’d Be in the Political Minority
We surveyed homebuyers about sentiments related to race and politics during the buying experience.
U.S. Home Sales Post Biggest Increase in More Than 2 Years in August
U.S. home-sale prices increased 2.7 percent year over year in August to a median of $312,200 across the 217 metros Redfin tracks.
Rochester, Buffalo and Hartford Least at Risk of a Housing Downturn in the Next Recession
Whether it happens this year, next year, or in 10 years, another recession is inevitable. Regardless of when it comes, it’s unlikely to have a large negative impact on the real estate market.
10% of Redfin Offers Faced Bidding Wars in August, a New 8-Year Low
The bidding war rate is the lowest it’s been in at least eight years. But some markets, like San Francisco, are still fairly competitive.
What I’ve Learned Running Redfin’s Products Organization
I still have the brown-paper sack on my desk, unopened, full of compliments. Melissa Blume, a Redfin director of product management, recently asked the team