Housing Market
All Reports
July 14, 2021
Mortgage-rate locks for second homes fell 11% year over year in June after a year of double- and triple-digit increases. The number of buyers who locked in mortgage rates to purchase a second home nationwide fell 11.1% year over year in June, a reversal from the yearlong surge in demand for vacation homes driven by […]
July 13, 2021
The bidding-war rate remains higher than it was a year ago, but has dropped to 65% from its peak earlier this year. That’s partly because new listings have returned to pre-pandemic levels, giving buyers more options. In June, 65% of home offers written by Redfin agents faced competition, down from a revised rate of 72.1% […]
July 9, 2021
Even though more homes are hitting the market, homebuyers appear to have tapped out of the market as pending sales continued to slip.
July 2, 2021
Some buyers have hit their limit on record-high prices, but others may return to the market with more homes to choose from and less competition.
June 25, 2021
The typical home sold for its highest price on record, at its fastest pace on record, and for 2.3% above list price, the largest sale price premium on record.
