
Redfin Estimate: Now More Accurate and Available in Twice as Many Markets
Less than a year after its launch, an update has been made to the algorithm behind the Redfin Estimate, making the automated home-value estimate significantly more accurate.
Rachel is the editor-in-chief of Redfin News. Now based in Rochester, NY, Rachel joined Redfin in 2010 as a real estate agent in Washington, D.C. and joined the company’s communications team in 2011.

Less than a year after its launch, an update has been made to the algorithm behind the Redfin Estimate, making the automated home-value estimate significantly more accurate.

Denver posted the biggest monthly gain in homebuyer demand, which still fell short of last year’s level

Homebuyer demand picked back up in July after posting month-over-month declines in May and June.

One in four home sellers now sells without a full-service agent.

Homebuyer demand fell 17 percent in June, the fifth-consecutive month of year-over-year declines in early-stage homebuyer activity.

Early stage housing demand remained strong in May, with the number of Redfin customers requesting tours up 17.7 percent year over year.

Less than a year after its launch, an update has been made to the algorithm behind the Redfin Estimate, making the automated home-value estimate significantly more accurate.

Denver posted the biggest monthly gain in homebuyer demand, which still fell short of last year’s level

Homebuyer demand picked back up in July after posting month-over-month declines in May and June.

One in four home sellers now sells without a full-service agent.

Homebuyer demand fell 17 percent in June, the fifth-consecutive month of year-over-year declines in early-stage homebuyer activity.

Early stage housing demand remained strong in May, with the number of Redfin customers requesting tours up 17.7 percent year over year.