Luxury Home Prices Bounce Back, Rising 1.2% in Early Summer
August 19, 2020
Luxury real estate prices are rising as the coronavirus pandemic drives demand for extra bedrooms, home offices, big backyards and pools
Most Recent
Just 6% of Homes Held Open Houses During First Week on Market in July, Down From 16% a Year Earlier
August 17, 2020
Just 6% of homes held open houses during their first week on the market in July, down from 16% a year earlier as fears around the coronavirus pandemic persist
Bidding Wars Hold Steady in July, With Over Half of Redfin Offers Encountering Competition
August 10, 2020
54% of Redfin offers faced bidding wars last month amid record-low mortgage rates and an acute shortage of homes for sale.
Survey: Almost Half of Recent Homebuyers Made an Offer Sight-Unseen, the Highest Share on Record
July 30, 2020
Almost half of surveyed homebuyers said they made a bid on a home without seeing it in person, up from 28% in 2019, amid pandemic fears and competition driven by a worsening housing shortage
20% of Winning Home Offers Waived the Inspection Contingency in June, Up From 13% Last Year
July 28, 2020
1 in 5 successful offers waived the inspection contingency in June as bidding wars intensified amid a deepening housing shortage and record-low interest rates
Milwaukee, San Francisco and Detroit Top the List of Places Where Black Homebuyers Are More Likely to Be Denied a Home Loan
July 6, 2020
Nationwide, 15.9% of Black Americans who apply for mortgages are rejected, compared with just 7% of white Americans. The gap is even wider in Milwaukee, San Francisco, Detroit and Chicago.
Most Recent
Luxury Home Prices Bounce Back, Rising 1.2% in Early Summer
August 19, 2020
Luxury real estate prices are rising as the coronavirus pandemic drives demand for extra bedrooms, home offices, big backyards and pools
Just 6% of Homes Held Open Houses During First Week on Market in July, Down From 16% a Year Earlier
August 17, 2020
Just 6% of homes held open houses during their first week on the market in July, down from 16% a year earlier as fears around the coronavirus pandemic persist
Bidding Wars Hold Steady in July, With Over Half of Redfin Offers Encountering Competition
August 10, 2020
54% of Redfin offers faced bidding wars last month amid record-low mortgage rates and an acute shortage of homes for sale.
Survey: Almost Half of Recent Homebuyers Made an Offer Sight-Unseen, the Highest Share on Record
July 30, 2020
Almost half of surveyed homebuyers said they made a bid on a home without seeing it in person, up from 28% in 2019, amid pandemic fears and competition driven by a worsening housing shortage
20% of Winning Home Offers Waived the Inspection Contingency in June, Up From 13% Last Year
July 28, 2020
1 in 5 successful offers waived the inspection contingency in June as bidding wars intensified amid a deepening housing shortage and record-low interest rates
Milwaukee, San Francisco and Detroit Top the List of Places Where Black Homebuyers Are More Likely to Be Denied a Home Loan
July 6, 2020
Nationwide, 15.9% of Black Americans who apply for mortgages are rejected, compared with just 7% of white Americans. The gap is even wider in Milwaukee, San Francisco, Detroit and Chicago.