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Housing Market

Bidding Wars

Homebuyer Competition Ticked Up in February, Hitting Record High

Bidding wars are intensifying at a slower pace than they were at the start of the pandemic. Nationwide, 68.6% of home offers written by Redfin agents faced bidding wars on a seasonally adjusted basis in February—the highest level in Redfin’s records, which date back to April 2020. That’s up slightly from a revised rate of […]

This is the Most Popular Time to Search for Homes Online

House hunters are most active on Tuesday evenings, right in the middle of the workweek.  In the midst of today’s red-hot housing market, Americans are sitting in their home offices, “working” remotely and browsing Redfin for bigger, fancier home offices … right? Wrong. The most popular time of the week to search for homes on […]
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