“We’re definitely seeing an uptick in activity from both buyers and sellers,” said Abby Alwan, a Redfin Premier real estate agent in Austin. A new report breaks down the shifts currently happening in the housing market.
Read More »Mortgage Rates Keeping Inventory Down, Prices Up
“Even though buyers are trepidatious about high mortgage rates, we’re seeing bidding wars in several pockets of the market because there are so few options and even fewer good options,” said Redfin Premier Agent Jordan Hammond.
Read More »Pending Home Sales Post Smallest Decline Since September
“By Super Bowl weekend, we usually have a good idea how a given year’s housing market will play out. But this year is anything but typical,” said Redfin Economics Research Lead Chen Zhao.
Read More »Ranking the Most Expensive ZIP Codes
Records were broken in nearly every ZIP code across the nation, but these cities saw the biggest gains.
Read More »The Average Home Cost Has Surpassed $400k For First Time
Despite market influences that are pushing up mortgage rates and slumping home sales numbers during the second quarter of 2022, most metropolitan areas still saw double-digit annual price ...
Read More »November Median Home Sale Price Reaches New High
If you thought the housing supply hit rock bottom in February, you thought wrong. According to a new report from Redfin, the number of homes available for sale fell by another 38,000 units finding ...
Read More »Home Prices Find a New High in Q3
According to a report, the median sales price of single-family existing homes climbed 16% from one year ago, but the rate of growth slowed when compared to the prior quarter.
Read More »Home Sellers Netting Record Profits in Q3
ATTOM reports that as the national medium home sales continue on a torrid record pace, home sellers are increasing their profit margin by as much as 48% in the third quarter.
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