Housing Market - Redfin

Housing Market

February Newsletter: All Heck Breaks Loose In Real Estate Market

Howdy Redfinnians! For the first time in years lots of pretty houses are coming onto the market, prices posted their seventh small monthly gain, but now demand has suddenly gone missing. What happened? Let’s dive into the numbers… But first, the Redfin news: on Wednesday, we expanded to cover the Portland real estate market, and […]

REOs: What You Need to Know to Get a Great Deal

For many home-buyers, REOs are an opportunity for a bargain. Short for “Real Estate Owned,” REOs are bank-owned properties (also known as foreclosures). Already this year, 39% of Redfin’s offers in Southern California have been on these homes, while the entire East Bay market’s REO sales are up 103% year-over-year. Real estate news site Inman […]

Promoting Your Home For Sale On Twitter

We think Lisa Hurt is the first Redfin seller to promote her home for sale in Bothell with Twitter! While Lisa is new to Twitter it’s exciting to see sellers using different online mechanisms to promote their listings. I definitely think that Twitter, especially if you have a decent number of followers, can be a […]

The Measure of a Block

What makes a neighborhood? The type of person who lives there? The architecture? The crime? How the flowers look in the spring? Capitol Hill, Washington DC. Photo credit: Flickr. Everyblock thinks all of those things make a neighborhood, as well as restaurant inspections, permits, news, and, now, real estate listings. Using our RSS feed of […]

Typical is Boring, but When Selling a Home, Effective

A recent Redfin Forums contributor raised the question: Does a higher buyers’ agent commission = faster sale? From Baltimore to Seattle to Southern California, real estate agents and journalists have endorsed the idea of offering unusually large commissions so buyer’s agents will recommend a listing. Because we’re curious masochists, we decided to answer that question. […]

For All You Data Junkies Out There

We’ve been getting local about our markets to see which towns should be hot spots for Redfin. We’re sharing the analysis for all you data junkies out there. Here’s what we already know about Redfin buyers: they’re very likely to work in high-tech fields, they usually have a college degree, and they typically buy a […]
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