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Housing Market

Investors

For Real Estate Investors, the West Coast Is Hot and Florida Is Not

Investor activity is sluggish on a national level, with purchases rising just 2%—but it varies widely from metro to metro. In Seattle, investor purchases jumped 37% year over year in the fourth quarter—the biggest gain among the metros Redfin analyzed. Orlando posted the biggest decline, down 16%. U.S. investors bought more single-family homes, and waded […]
Luxury Market

West Palm Beach’s Luxury Housing Market Is Booming, With Sales Up 30%

Luxury pending home sales in West Palm Beach posted a larger gain than any other major metro in January, rising almost six times faster than non luxury sales. Luxury prices jumped 11%—more than double the national gain. West Palm Beach, which some call “Wall Street South,” has seen its luxury market skyrocket due to an […]
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