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Housing Market

Weekly Market Update

Homebuyers Have More Fresh Options Than They’ve Had in 4 Years

Homebuyers are gaining more power, with new listings jumping and demand flat.  Here’s what you need to know about the housing market for the four weeks ending August 30: Fresh listings hit their highest level since August 2022. New listings of U.S. homes for sale rose 2.1% from a week earlier on a seasonally adjusted […]

A Tale of Two Tech Cities: San Francisco’s Housing Market Booms While Seattle Slumps

San Francisco, home to OpenAI and Anthropic, is seeing its housing market boom as AI employees put their money into the housing market. In Seattle, economic jitters in the tech space are dampening homebuying demand.  San Francisco and Seattle are two of America’s leading tech hubs, and for years, their housing markets have behaved like […]

San Diego Homes Are Now Selling 8 Days Faster Than Last Year

San Diego homes are selling eight days faster than a year ago, with the typical home going under contract in 32 days.  That’s one of the biggest declines among the 49 most populous U.S. metros. Nationally, homes take 49 days to sell, unchanged from last year.  Still, Redfin agents say the market is mixed, with […]

With Texas Homebuyers Now Firmly in Control, Here Are The Lonestar State’s Buyer’s Markets, Ranked

Houston is Texas’s strongest buyer’s market, followed by San Antonio, Austin, Dallas and Fort Worth.  Buyers have negotiating power, but well-priced, move-in-ready homes are attracting multiple offers, Redfin agents say.  Sellers are cutting prices and offering concessions to compete with new construction. Rising insurance costs are making buyers more sensitive to high prices and mortgage […]
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