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 bidding wars is meager, Redfin expected this trend to continue from September due ...

Reversing the trend of just one month ago, pending sales of U.S. homes rose 7.5% in October as consumers regained their financial footing to lock in rates before an anticipated rise.

As the economy continues to see consumer prices for everything rise across the board, rent and mortgage rates have also increased with some cities seeing a 30% increase in rent prices since last year.  According to Redfin, the average national rent price has increased ...

The combination of a healthy economic recovery and continued low rates is forcing home buyers into limited options.

New dataset finds approximately 1.01 million mortgage holders remain in pandemic-related forbearance plans, accounting for approximately $188 billion in total unpaid principal balance (UPB).

After a torrid start to the year, an industry forecast predicts home price appreciation to slow and new construction to replenish the nation’s inventory in the second half of 2022.

A combination of increased inventory and rising rates will play a role in weakening the housing market over the next 12 months.

Home prices ticked up unseasonably and fast sales became more common in October. Here’s why “FOMO” is a factor in the current red-hot housing market.

The number of homes sold categorized as the most affordable jumped 13% last quarter on a year-over-year basis.

Data shows that people are looking to move away from large cities and major job centers as an increasing number of jobs go remote.