Housing Market
All Reports
December 18, 2020
All-cash home purchases reached a low this year largely due to historically low mortgage rates. Nassau County and a handful of Florida metros had the highest share of all-cash purchases this year. Nationwide, 24.3% of homes sold so far this year were bought with cash, down from 25.3% in 2019 and the smallest share since […]
December 17, 2020
The national median home price rose 14.0% year over year to $335,519 in November as other measures of competition hit all-time records.
December 16, 2020
Competition dipped slightly ahead of the holidays, but remained above 50% for the seventh-straight month amid record-low mortgage rates and relocations. Nationwide, 53.6% of home offers written by Redfin agents faced competition in November. While that’s down from a revised rate of 58.5% in October, it represents the seventh-straight month in which more than half […]
December 15, 2020
With the end of the pandemic in sight, more people will relocate than in over a decade The housing market will remain strong through 2021 as the economy recovers from the pandemic-driven recession. In early 2021, homebuyers will remain undeterred by the pandemic, eager to take advantage of sub-3% mortgage rates while they last. Later […]
December 11, 2020
December is typically the slowest month for homebuying, but the housing market is still hot.
