From Our CEO
Redfin July Forecasts Hit the Mark as Housing Demand Cools for Fourth Consecutive Month
The Redfin Housing Demand Index decreased 5 percent in July, falling to 108 from 113 in June, the fourth consecutive month-over-month decline. Redfin real estate agents report that the market is rapidly cooling, with buyers reaching their limit on prices and showing less interest in hot home listings. So why does the market feel like it’s cooling so much when the numbers are still pretty strong for September?
Will The Stock Market Correction Hurt Housing?
Ouch. Last week, Redfin’s Market Tracker showed a huge jump in home sales and healthy increase in prices for July. Good good. But that was then, this is now, and all bets are off as investors load for bear. To see what the future holds for housing, watch this space. Tomorrow, the Redfin Demand Index will forecast September home prices and sales. Also: Pandas.
L.A. Homebuyers Continue to Struggle as Inventory Declines for Fifth-Straight Month
Competition is still high for L.A. homebuyers, especially on the Westside of L.A. where the median sale price topped $1M in July. Many homes on the Eastside are selling within two weeks.
Mortgage Rate Watch: Does the Fed Matter?
Today we go on mortgage rate watch. We’re a month from the Federal Reserve’s next meeting, where they might decide to raise interest rates for the first time since 2006. Between now and then, let’s check in every week to see what mortgage rates are doing.
Home Sales Up 13.4% in July as Supply Hovers Near Record Lows
Home sales remained strong with an increase of 13.4 percent over last July, and price growth jumped to 5.8 percent year over year, up from 4.6 percent in June.
Sarah Bird, CEO of Moz, Discusses Imposter Syndrome and More During REDx Talk
Yesterday, we had a special guest in the Redfin office as a part of our 2015 REDx series; Sarah Bird, CEO of Moz.
Redfin July Forecasts Hit the Mark as Housing Demand Cools for Fourth Consecutive Month
The Redfin Housing Demand Index decreased 5 percent in July, falling to 108 from 113 in June, the fourth consecutive month-over-month decline. Redfin real estate agents report that the market is rapidly cooling, with buyers reaching their limit on prices and showing less interest in hot home listings. So why does the market feel like it’s cooling so much when the numbers are still pretty strong for September?
Will The Stock Market Correction Hurt Housing?
Ouch. Last week, Redfin’s Market Tracker showed a huge jump in home sales and healthy increase in prices for July. Good good. But that was then, this is now, and all bets are off as investors load for bear. To see what the future holds for housing, watch this space. Tomorrow, the Redfin Demand Index will forecast September home prices and sales. Also: Pandas.
L.A. Homebuyers Continue to Struggle as Inventory Declines for Fifth-Straight Month
Competition is still high for L.A. homebuyers, especially on the Westside of L.A. where the median sale price topped $1M in July. Many homes on the Eastside are selling within two weeks.
Mortgage Rate Watch: Does the Fed Matter?
Today we go on mortgage rate watch. We’re a month from the Federal Reserve’s next meeting, where they might decide to raise interest rates for the first time since 2006. Between now and then, let’s check in every week to see what mortgage rates are doing.
Home Sales Up 13.4% in July as Supply Hovers Near Record Lows
Home sales remained strong with an increase of 13.4 percent over last July, and price growth jumped to 5.8 percent year over year, up from 4.6 percent in June.
Sarah Bird, CEO of Moz, Discusses Imposter Syndrome and More During REDx Talk
Yesterday, we had a special guest in the Redfin office as a part of our 2015 REDx series; Sarah Bird, CEO of Moz.
