Housing Market
All Reports
May 19, 2021
Institutions are wading back into the U.S. homebuying market after pressing pause at the start of the pandemic Single-family homes and high-priced properties, in particular, are becoming increasingly popular among investors as Americans prioritize space and privacy Investors have the highest market share in mid-sized cities including Miami, Charlotte, Las Vegas and Phoenix—places that have […]
May 19, 2021
Homes in Portland, OR and Denver are also selling in a handful of days. In Austin, 74% sold above list price. Nationwide, almost half of homes sold above list price. These and several other record-breaking measures made April a historic month for housing. Note: Pandemic lockdowns significantly slowed homebuying and selling in April 2020, which […]
May 14, 2021
Home prices were up 22% from 2020, new listings fell slightly, and competition remained intense.
May 14, 2021
That’s up from 45% a year earlier and marks the 12th-straight month in which more than half of home offers encountered competition. Nearly three-quarters (72%) of home offers written by Redfin agents in April faced competition, up from a revised rate of 66.7% in March and 44.9% in April 2020. It’s important to note that […]
May 11, 2021
That’s roughly equal to the GDP of France, or the combined market value of Amazon and Facebook. Redfin forecasts a record $2.53 trillion worth of home sales in America in 2021—a 17% year-over-year gain that would mark the largest annual increase in percentage terms since 2013. To put $2.53 trillion into perspective, it’s roughly equal […]
