From Our CEO
New-Home Supply Down 1% in the Second Quarter, the Biggest Decline in 6 Years
The market for new homes is moderating, with prices slightly down as builders adjust inventory to meet demand for affordable homes.
We Ranked the Most and Least Affordable Metros Based on These 4 Unexpected Costs When Moving to a New City
These are the 4 most unexpected costs of moving no one warns you about, and the metros where they’re the most affordable, and expensive.

11% of Redfin Offers Faced Competition in July, the Lowest Rate Since at Least 2011
Just 11.2% of Redfin offers faced bidding wars in July, the lowest rate since at least 2011.
Luxury Housing Market Remains Chilly: Prices up Just 1% Amid Falling Sales and Surging Supply in the Second Quarter
High-end home prices rebounded slightly in the second quarter, but sales continued to drop and supply surged.
Survey: More Than Half of Homebuyers and Sellers Oppose Housing Density, Only a Quarter Support It.
Homebuyers and sellers are nearly twice as likely to oppose the building of dense housing in their neighborhood than they are to support it.
Race Gaps in Homeownership Rates and Home Equity Have Widened During the Decade-Long Economic Expansion
Just 40.6% of black Americans own homes, compared to more than 73% of white Americans. And black Americans have seen significantly smaller home-equity gains since 2010.
New-Home Supply Down 1% in the Second Quarter, the Biggest Decline in 6 Years
The market for new homes is moderating, with prices slightly down as builders adjust inventory to meet demand for affordable homes.
We Ranked the Most and Least Affordable Metros Based on These 4 Unexpected Costs When Moving to a New City
These are the 4 most unexpected costs of moving no one warns you about, and the metros where they’re the most affordable, and expensive.

11% of Redfin Offers Faced Competition in July, the Lowest Rate Since at Least 2011
Just 11.2% of Redfin offers faced bidding wars in July, the lowest rate since at least 2011.
Luxury Housing Market Remains Chilly: Prices up Just 1% Amid Falling Sales and Surging Supply in the Second Quarter
High-end home prices rebounded slightly in the second quarter, but sales continued to drop and supply surged.
Survey: More Than Half of Homebuyers and Sellers Oppose Housing Density, Only a Quarter Support It.
Homebuyers and sellers are nearly twice as likely to oppose the building of dense housing in their neighborhood than they are to support it.
Race Gaps in Homeownership Rates and Home Equity Have Widened During the Decade-Long Economic Expansion
Just 40.6% of black Americans own homes, compared to more than 73% of white Americans. And black Americans have seen significantly smaller home-equity gains since 2010.