Housing-market competition is no longer slowing as homebuyer demand shows signs of heating back up. In October, 60.3% of home offers written by Redfin agents faced competition, little changed from a revised rate of 60.4% in September but down from a pandemic peak of 74.5% in April. . An offer is considered part of a […]
Higher mortgage rates will end double-digit price growth and new listings will hit a 10-year high Editor’s note: After two of the least predictable years in housing history, we predict that 2022 will be just as unpredictable. But we wouldn’t leave you hanging like that, so Redfin Chief Economist Daryl Fairweather shares below her 10 […]
While demand for vacation homes has cooled slightly since the start of the year, it’s expected to remain above pre-pandemic levels as Americans take advantage of more permanent remote-work policies. Demand for second homes was up 70% from pre-pandemic levels in October, outpacing August’s 48% gain but below January’s record 91% growth. That’s according to […]