Housing Market

West Coast Buyers Increasingly Land First Home They Make an Offer On

West Coast Buyers are Now More Likely to Win the 1st Home They Bid On

San Jose, Seattle and San Diego saw big year-over-year gains in the share of homebuyers’ winning the first home they make an offer on. Another sign that the housing market is shifting toward buyers’ favor in 2019: 56 percent of buyers nationwide who purchased a home in the first quarter closed on the very first […]
San Francisco housing affordability
Affordability

In Atlanta, Nearly Half of Homes For Sale Are Affordable on the Nation’s Median Income. In San Francisco? Less Than 1%.

Redfin’s new affordability tool allows users to visualize and compare housing affordability on different incomes and in different parts of the country. In the Atlanta metro area, 45.7 percent of homes currently for sale are affordable on $61,372, the median U.S. household income in 2017, the most recent year for which data is available.  In […]
Price Declines of Single-Family Homes by Zip Code Density annualized price change for homes sold before and after the Great Recession

How Recession-Proof is Your Home?

Big, old houses lost the least value in the Great Recession As we near the end of a decade that will be remembered for a strong resurgence in the housing market, some economists (including Robert Shiller, who famously predicted the bursting of the 2000s housing bubble) believe a recession may be around the corner. The […]
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