Tag Archives: Redfin

While bidding wars reached a pandemic peak in April, 60.3% of all offers written by Redfin in October experienced a bidding war, down from the 60.4% in September.  While the decrease in ...

NAR reports that pending home sales rose in October, with buyers fearing a spike in rates took advantage of the limited supply available.

In the top-10 metropolitan areas, rent rose by at least 30%, well above the national average of 13%.

Spurred by lingering inventory concerns and continued low rates, real estate investors bought a record 18% of the total homes sold, according to a new report.

Still hampered by supply-chain concerns, home builders slowed their pace in October, as buyers absorbed a 12.3% annual increase in construction costs.

At a time of the year when the market generally cools, homebuyers are looking to land the home of their dreams among an ever-shrinking supply.

An analysis finds that higher rates may stifle price growth, with new listings hitting a 10-year high in the new year.

Home sales may be at their highest levels in 15 years, but a number of factors may force the market to cool next year.

The pandemic has caused shifts in the demographics of households including how many streams of income a household has while others found happiness by moving to a new metropolitan area to take advantage of a different housing market or to be closer to family.

In an unseasonable move, home prices and the rate at which they sell both ticked upwards in October, bucking trends that usually see a cooling during this time of year.