From Our CEO
Chicago Property Values Post Double-Digit Growth
Chicago home prices notched their fourth-straight month of double-digit growth in April, with the median sale price rising 10 percent from a year ago. The number of properties sold fell 4.8 percent, and the city’s median sale price reached $275,000 as the spring selling season got into full swing. On average, homes fetched 96.6 percent of their asking price, the highest sale-to-list ratio since last July.
Minneapolis Tops San Francisco, Portland as Most Bikeable City of 2015
Minneapolis is the most bikeable city in the U.S., according to the latest ranking by Walk Score®, a Redfin company. With a Bike Score of 81.3, Minneapolis has a strong lead over San Francisco (75.1) and Portland (72.0).
Bike Score 2015 Supplemental Data: Full Ranking and New Cities
Here’s the full 2015 Bike Score ranking of cities of all population sizes, and a list of cities Bike Score expanded to for the 2015 ranking.
Bi-Weekly Mortgages: Not Always a Scam, But Not Always a Good Idea, Either
Want to cut thousands of dollars and years off your mortgage? All it takes are a few simple steps! But here’s a word of advice—don’t pay someone to do it for you, and do your homework first. Sometimes those savings aren’t what they’re cracked up to be.
Got $157.3 Billion? Mortgage Bailouts Might Not Be Over
Profits are weakening, and Fannie Mae and Freddie Mac might be even more fiscally fragile today than they were in 2008. That means a ripple in the housing market could leave taxpayers on the hook for another bailout. For that we can blame Congress and the White House, which never got around to fixing the companies after the mortgage meltdown. That indifference could cost us as much as $157.3 billion for a second bailout if the economy goes really south.
Redfin Agents have Arrived in Bend, Oregon!
Back in 1901, pioneers fording the Deschutes River decided to settle near a river bend on the eastern edge of the Cascade mountains. The small
Chicago Property Values Post Double-Digit Growth
Chicago home prices notched their fourth-straight month of double-digit growth in April, with the median sale price rising 10 percent from a year ago. The number of properties sold fell 4.8 percent, and the city’s median sale price reached $275,000 as the spring selling season got into full swing. On average, homes fetched 96.6 percent of their asking price, the highest sale-to-list ratio since last July.
Minneapolis Tops San Francisco, Portland as Most Bikeable City of 2015
Minneapolis is the most bikeable city in the U.S., according to the latest ranking by Walk Score®, a Redfin company. With a Bike Score of 81.3, Minneapolis has a strong lead over San Francisco (75.1) and Portland (72.0).
Bike Score 2015 Supplemental Data: Full Ranking and New Cities
Here’s the full 2015 Bike Score ranking of cities of all population sizes, and a list of cities Bike Score expanded to for the 2015 ranking.
Bi-Weekly Mortgages: Not Always a Scam, But Not Always a Good Idea, Either
Want to cut thousands of dollars and years off your mortgage? All it takes are a few simple steps! But here’s a word of advice—don’t pay someone to do it for you, and do your homework first. Sometimes those savings aren’t what they’re cracked up to be.
Got $157.3 Billion? Mortgage Bailouts Might Not Be Over
Profits are weakening, and Fannie Mae and Freddie Mac might be even more fiscally fragile today than they were in 2008. That means a ripple in the housing market could leave taxpayers on the hook for another bailout. For that we can blame Congress and the White House, which never got around to fixing the companies after the mortgage meltdown. That indifference could cost us as much as $157.3 billion for a second bailout if the economy goes really south.
Redfin Agents have Arrived in Bend, Oregon!
Back in 1901, pioneers fording the Deschutes River decided to settle near a river bend on the eastern edge of the Cascade mountains. The small
