Housing Market
All Reports
August 31, 2015
Whee! August has never been so thrilling. This week, we'll ride the financial roller-coaster into Friday, when we get the most important jobs report of all time. Fortunately, the sun is shining somewhere, Google says. In Florida, this mansion ain't big enough for the both of us! Serena and Venus are getting their own crash pads.
August 27, 2015
Mortgage rates are holding near historic lows going into the Super Bowl of Fed meetings. Despite the week's market turmoil, the U.S. economy is steady, home prices are rising and houses are selling.
August 25, 2015
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?
August 24, 2015
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.
August 20, 2015
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.
