Housing Equality & Policy
All Policy & Current Issues
February 2, 2022
In a strong seller’s market, some homeowners are realizing they can attract bidders without offering as high of a percentage to the buyer’s agent. The typical home seller pays the agent representing the buyer a fee equal to 2.63% of the sale price, down from 2.69% in 2020 and 2.75% in 2017. A fiercely competitive […]
December 13, 2021
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 […]
December 8, 2021
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 […]
November 15, 2021
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, […]
October 22, 2021
59% of home offers faced competition in September, the lowest level in nine months, amid a seasonal housing-market slowdown and an uptick in mortgage rates. In September, 58.9% of home offers written by Redfin agents faced competition—a record low for 2021. That’s down from a revised rate of 60.8% in August and a peak of […]
