NYC Suburbs and the Bay Area Are This Spring’s Most Competitive Housing Markets
More than half of homes are selling above asking price in Newark, San Francisco, San Jose and Nassau County, making them the most competitive markets
As a data journalist at Redfin, Dana Anderson writes about the numbers behind real estate trends. Redfin is a full-service real estate brokerage that uses modern technology to make clients smarter and faster. For more information about working with a Redfin real estate agent to buy or sell a home, visit our Why Redfin page.
More than half of homes are selling above asking price in Newark, San Francisco, San Jose and Nassau County, making them the most competitive markets
Home prices rose 0.3% month over month on a seasonally adjusted basis. Prices rose 2.5% on a year-over-year basis–the fastest growth rate in six months.
Nearly half of U.S. home sellers gave concessions to buyers in May, the highest May share in our records Concessions were most common in Nashville,
Pending home sales fell for the fifth week in a row, and new listings declined, too. The median U.S. monthly housing payment hit $2,647 during
Nationwide, 13.6% of the homebuying deals made in May fell through. That share has held steady over the last 4 months as buyers and sellers
The massive IPO would create enough wealth for SpaceX employees to buy roughly 40% of all the homes in San Antonio, one of the closest
More than half of homes are selling above asking price in Newark, San Francisco, San Jose and Nassau County, making them the most competitive markets
Home prices rose 0.3% month over month on a seasonally adjusted basis. Prices rose 2.5% on a year-over-year basis–the fastest growth rate in six months.
Nearly half of U.S. home sellers gave concessions to buyers in May, the highest May share in our records Concessions were most common in Nashville,
Pending home sales fell for the fifth week in a row, and new listings declined, too. The median U.S. monthly housing payment hit $2,647 during
Nationwide, 13.6% of the homebuying deals made in May fell through. That share has held steady over the last 4 months as buyers and sellers
The massive IPO would create enough wealth for SpaceX employees to buy roughly 40% of all the homes in San Antonio, one of the closest