Redfin measured housing markets' hotness based on the percentage of homes most likely to go under contract within 14 days. In the top three markets, more than 60 percent of homes met this criteria.
Read More »Housing Demand Slips in the Midst of Low Supply
With fewer homes for sale on the market over the past year, housing demand had no choice but to follow suit and take a tumble as well, according to Redfin's Housing Demand Index.
Read More »New Home Listings Offer a Glimmer of Hope for Dwindling Inventory
New home listings rose at the fastest rate in three years, offering the mortgage industry a small token of relief from shrinking inventory.
Read More »New Opportunities Open Up for Home Flippers
Rick Sharga, Chief Marketing Officer at Ten-X, sat down with MReport to reveal what the uptick in home flipping means for the housing market and what new opportunities lie ahead for home flippers in the market.
Read More »Rising Rents Motivate Homebuyers to Enter the Market
A Redfin survey shows that potential homebuyers are being ushered into the housing market for two reasons: life events and rising rental rates.
Read More »5 Reasons Redfin Says 2016 Looks Good for the Housing Market
While the 2016 housing market is expected to experience a decline in activity, many economist believe that this slowdown could be a positive for the industry.
Read More »Buyers vs. Sellers: Who has the Advantage?
This year has been dubbed as one the best in terms of home prices and sales, especially during the spring and summer seasons. One competition that has been in the balance for all eternity is the contest between buyers and sellers. It's the age-old competition in the history of the housing market, but only one can ultimately have the power.
Read More »Home Sellers’ Optimism Beats Urgency in Q3
As a sign that the housing market is returning to normal, sellers are more likely to be selling their homes due to life-cycle motivators like upgrading or downsizing rather than securing a home before interest rates are adjusted by the Federal Reserve.
Read More »Housing Demand Lowers Amid Buyer Disinterest & Price Limitations
As buyers reach their price limits and show less interest in homes, housing demand lowered for the fourth consecutive month. According to Redfin's Housing Demand Index, homebuyer activity fell 5 percentage points from 113 in June to 108 in July.
Read More »Many Millennials Opting for Homeownership Over Marriage
When it comes to major life milestones, mortgages come before marriages for a large number of millennials, according to data released Friday. In a recent survey conducted by Redfin, 38 percent of Americans age 18–34 say they either would or have put off a wedding or honeymoon in favor of saving to buy a home.
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