Housing Market
All Reports
June 25, 2021
The year-over-year decline in iBuyer home purchases narrowed to 6% in the first quarter, when iBuyers snatched up 4,383 homes. The nation’s top iBuying companies purchased 4,383 homes in the first quarter of 2021—the most recent period for which data is available. While that’s down 6.1% from a year earlier, it’s up 20.6% from the […]
June 23, 2021
Pricey Eastside suburbs are particularly hot: In Bellevue, 88 homes have sold for more than $300,000 over asking price this year, versus just two last year. So far this year, 580 homes in the Seattle metro area have sold for $300,000 or more above their asking prices. That compares with 16 homes during the same […]
June 18, 2021
Redfin’s Homebuyer Demand Index was down 14% from its peak 9 weeks ago, and pending sales have declined 10% from their early May peak.
June 17, 2021
Home prices were up 24%, a record high due to the dip in home prices at the start of the pandemic a year earlier.
June 16, 2021
70% of home offers faced bidding wars in May, down from 74% in April. Still, competition remains far more intense than it was a year ago. In May, 70.4% of home offers written by Redfin agents faced competition, down from a revised rate of 73.6% in April but still up significantly from 52.7% in May […]
