Author: News Bot

Pending sales rose 29%, and new listings jumped 6% from last year Key housing market takeaways for 434 U.S. metro areas during the 4-week period ending September 20: The median home sale price increased 14% from 2019 to $319,978—the highest

Remote work is accelerating the trend of migration away from expensive places like New York and San Francisco toward relatively affordable inland areas, where out-of-towners are winning bidding wars and driving up home prices. Nationwide, 28.7% of Redfin.com users looked

Imagine a house where every electronic component and device is powered by the sun. Where every raindrop that hits your roof is used to water the yard, even on dry days. Where your trash is turned into fertilizer, which in

Relatively inexpensive areas outside major cities—like El Dorado County, just east of Sacramento, and Camden County, across the river from Philadelphia—are gaining ground with homebuyers as New York City and San Francisco lose steam. Housing markets that offer homebuyers more

Homes are selling the fastest in swing counties, a reflection of rising interest in the suburbs as the pandemic drives homebuyers to prioritize space.  The median home price in blue counties nationwide rose 13.1% from a year earlier to $346,000

New listings of homes for sale were 6% above 2019 levels Key housing market takeaways for 434 U.S. metro areas during the 4-week period ending September 13: Median home sale price increased 13% from 2019 to $319,261—the highest on record.

So, you’ve finally found the perfect home and you’ve submitted your offer. In an ideal situation, the seller would accept it, you’d close, and the home would be yours. However, it’s not always that easy. In fact, it’s likely the

People moving in from expensive cities and locals with changing needs are contributing to rising home prices and fast sales even as the tourism industry takes the brunt of the pandemic’s economic impact. The typical home-sale price in the Las

Are you finding yourself longing for small-town life lately? Are you looking to have more space, know your neighbors, and to just have a more relaxed way of living? Well, you’re not alone. In the wake of the coronavirus pandemic,

The housing market in August resembled a game of musical chairs, as high home prices and low mortgage rates began to draw more sellers to the market: New listings climbed 5%, fueling a 30% increase in pending sales. The national

Selling a home has many moving parts, and whether you’re a first-time home seller or seasoned seller, the process can be daunting. In a perfect world, the home selling process would be stress-free, where you can list your house, find

RedfinNow buys homes directly, giving homeowners liquidity, certainty and safety Homeowners in the Palm Springs area can now get a cash offer for their home from RedfinNow. By selling to RedfinNow, homeowners get the certainty of an all-cash offer direct

Black homebuyers, who are less likely than their white counterparts to have jobs that can be done remotely, face higher home prices as white homebuyers move to more affordable suburbs Home prices in neighborhoods where Black people bought homes in

iBuyers purchased the fewest homes in more than three years last quarter as the coronavirus pandemic put business on pause. But the market is now making a comeback, with iBuyers seeing a rebound in demand—and even bidding wars—from homeowners who

Buyers seem undeterred, as pending sales soar 28% and a 9% increase in new listings brings little relief. Key housing market takeaways for 434 U.S. metro areas during the 4-week period ending September 6: Median home sale price increased 13%

Is there anything cooler than living in a loft? Sure, we love townhouses and condos, but ‘loft’ has a certain ring to it. A loft generally has high ceilings, an open floor plan, and large windows topped off with an

Meanwhile, San Francisco has experienced a flood of homes for sale as Americans flee dense, expensive cities. America’s housing shortage was intense before the coronavirus hit, with the number of homes for sale slumping 7% year over year in February.

Nearly 55% of Redfin offers for homes faced bidding wars in August. Competition is still fierce in coastal California, and the market is also hot in more affordable places like Sacramento and Phoenix. Nationwide, 54.5% of Redfin offers on homes

Record-low inventory of homes for sale has “created a complete storm of insanity,” in small, affordable markets like Boise, which is seeing an influx of buyers leaving the West Coast. Key housing market takeaways for 434 U.S. metro areas during