
Bidding Wars Hit Oakland Amid Tight Supply
At the end of January, Oakland had only six weeks of inventory remaining. That’s leading to bidding wars.
Lorraine is enjoying her first real job after a career in journalism. She’s based in Washington, D.C., where she writes about housing and the economy. Before joining Redfin, Lorraine was at Bloomberg News reporting on politics, financial mayhem, housing and the economy. Her dream home is a top-floor loft with a pool, friendly neighbors and a terrace for throwing parties. Everyone's invited.
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At the end of January, Oakland had only six weeks of inventory remaining. That’s leading to bidding wars.

Home sales hit a nine-month low last month, a leading economic report said housing is “faltering,” and Fed Chairwoman Janet Yellen told Congress the housing market is “depressed.” What’s going on?

Redfin today announced the launch of its home-buying and selling services in Columbia and Greenville, South Carolina, as well as in Omaha, Nebraska. People in these areas can now search for homes on Redfin.com and the Redfin iOS and Android apps.

Congressional lawmakers grilled HUD Secretary Julian Castro about the FHA’s high default rate and questioned his recent move to cut borrowing costs.

Redfin hired industry veteran Mark Callahan to lead the business in New Hampshire. Mark is already on the ground touring homes with buyers and guiding them through the offer, negotiation and closing processes, and helping people sell their homes.

The Consumer Financial Protection Bureau, a big regulator of mortgages, today said it wants to make it easier for small and rural banks to make home loans.

At the end of January, Oakland had only six weeks of inventory remaining. That’s leading to bidding wars.

Home sales hit a nine-month low last month, a leading economic report said housing is “faltering,” and Fed Chairwoman Janet Yellen told Congress the housing market is “depressed.” What’s going on?

Redfin today announced the launch of its home-buying and selling services in Columbia and Greenville, South Carolina, as well as in Omaha, Nebraska. People in these areas can now search for homes on Redfin.com and the Redfin iOS and Android apps.

Congressional lawmakers grilled HUD Secretary Julian Castro about the FHA’s high default rate and questioned his recent move to cut borrowing costs.

Redfin hired industry veteran Mark Callahan to lead the business in New Hampshire. Mark is already on the ground touring homes with buyers and guiding them through the offer, negotiation and closing processes, and helping people sell their homes.

The Consumer Financial Protection Bureau, a big regulator of mortgages, today said it wants to make it easier for small and rural banks to make home loans.