Housing Equality & Policy

Race & Real Estate

Three Reasons To Be Optimistic About Black Real Estate Wealth

Black real estate wealth hit a record high in 2021– here is why I am hopeful it will continue to rise during this decade Black real estate wealth–the total value of homes owned by Black people in America–rose 28.9% year over year to a record high of $2.2 trillion in the third quarter of 2021, […]
Aerial photo of neighborhood
Policy

Neighborhood Crime Data Doesn’t Belong on Real Estate Sites

We recently decided not to add neighborhood crime data to Redfin.com. We were considering this because we’re very much focused on answering all the questions people have when they’re considering a home purchase, and we know that one of these questions is whether they’ll feel safe in a given home or neighborhood. But the data […]
Large Brick Home
Policy

2 in 5 Real Estate Agents Say Pocket Listings Are Becoming More Common

Pocket listings—homes sold without being marketed publicly—have become more common since 2019, according to a survey of agents. 2.3% of homes listed in the third quarter were marked sold or pending the same day they were listed—an indicator of a potential pocket listing. That’s up from 1.5% two years earlier. Metro areas in Florida and […]
Climate Change

Real-Estate Investors Bought a Record 18% of the U.S. Homes That Sold in the Third Quarter

Investors purchased a record $64 billion worth of homes as growing housing and rental prices boosted prospects for returns. Single-family homes made up nearly three-quarters of investor purchases—an all-time high. Low-priced properties represented 36% of investor purchases, the smallest share on record. Investors had the largest market share in Atlanta, Phoenix, Charlotte, Jacksonville and Miami, […]
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