From Our CEO
Supply of Homes for Sale Down 0.3 Percent in June, First Annual Decline in 10 Months
The number of homes for sale nationally fell 0.3 percent year over year in late June—the first annual decline since inventory started climbing in September.
Here’s How Many Affordable Homes Could Be Purchased For $238 Million–The Price of Most Expensive U.S. Home Ever Sold
A New York City penthouse broke records selling for $238M, which is equivalent to purchasing just about every single affordable house on the market in Deltona, Fl, or half of all homes on the market.
It’s Not All About Demand: Home Prices are Sky-High Where It’s Most Difficult and Most Expensive to Acquire and Develop Land
In expensive coastal metros like San Jose, the value of land accounts for more than half of the typical home’s value, far more than it does in inland areas.
McAllen, Texas, Salt Lake City and Grand Rapids Have the Highest Homeownership Rates for Single Mothers
Nationwide, 31% of single mothers are homeowners. The rate is higher in certain metros like Salt Lake City and Grand Rapids, and lower in California.
May Home Prices Up 3.6%, the Largest Year-Over-Year Increase in 7 Months
U.S. home-sale prices edged up again in May, growing 3.6 percent from a year ago to a median of $315,700 across the metros Redfin tracks.
Denver Housing Market Still Shows No Signs of Heating Up; 41% of Sellers Dropped Their Price Last Month
After years of strong price growth, home prices in Denver rose just 1.4% in May. The area’s housing market is showing no signs of heating up.
Supply of Homes for Sale Down 0.3 Percent in June, First Annual Decline in 10 Months
The number of homes for sale nationally fell 0.3 percent year over year in late June—the first annual decline since inventory started climbing in September.
Here’s How Many Affordable Homes Could Be Purchased For $238 Million–The Price of Most Expensive U.S. Home Ever Sold
A New York City penthouse broke records selling for $238M, which is equivalent to purchasing just about every single affordable house on the market in Deltona, Fl, or half of all homes on the market.
It’s Not All About Demand: Home Prices are Sky-High Where It’s Most Difficult and Most Expensive to Acquire and Develop Land
In expensive coastal metros like San Jose, the value of land accounts for more than half of the typical home’s value, far more than it does in inland areas.
McAllen, Texas, Salt Lake City and Grand Rapids Have the Highest Homeownership Rates for Single Mothers
Nationwide, 31% of single mothers are homeowners. The rate is higher in certain metros like Salt Lake City and Grand Rapids, and lower in California.
May Home Prices Up 3.6%, the Largest Year-Over-Year Increase in 7 Months
U.S. home-sale prices edged up again in May, growing 3.6 percent from a year ago to a median of $315,700 across the metros Redfin tracks.
Denver Housing Market Still Shows No Signs of Heating Up; 41% of Sellers Dropped Their Price Last Month
After years of strong price growth, home prices in Denver rose just 1.4% in May. The area’s housing market is showing no signs of heating up.
