Housing Market
All Reports
May 21, 2021
Homebuying demand may have peaked for 2021 as pending sales and mortgage purchase applications have both pulled back in recent weeks.
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 […]
