“The buyers who are still in the game are finally getting a break from bidding wars, which means they can be picky,” said Raleigh, North Carolina Redfin Agent Pam Lewis.
Read More »Bidding Wars Becoming Less Common
Now recording its sixth month of decline, homebuyer competition has now fallen to levels seen during the initial throes of the pandemic. According to Redfin, 44.3% of home ...
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 »No Matter the Price, Homes Selling Quickly
An average-priced home now sells within 16 days, down by 12 days year-over-year, when it took about a month to sell the same home.
Read More »Low Mortgage Rates Push Additional Buyers Into Market
Even with a seasonal housing market cooling, more buyers are entering the market due to continued ultra-low interest rates. During a four-week survey period ending September 19, most housing ...
Read More »How Low-Income Housing Construction Influences Home Prices
Researchers examine the effects of affordable-home developments on nearby property values.
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