Housing Market

Affordability

Which Billionaire Could Buy Your City?

Bill Gates Could Buy All 114,212 Homes in Boston, but Couldn’t Afford Seattle; the Walton Family of Wal-Mart Could Buy All of Seattle, Dallas, Miami, Las Vegas or Washington, D.C. Just how rich is Bill Gates? According to Forbes, he’s the world’s richest person and is worth $77.5 billion. But that kind of wealth is […]

If Sellers List, Buyers Will Come

Our latest numbers on home tours and offers indicate that housing demand in Redfin markets is holding steady despite missing a crucial ingredient: a sustained surge in new listings.

Cash is Still King in Home Buying

In 17 of the largest U.S. cities, 32 percent of homes purchased so far in 2014 were paid for with all cash. All-cash purchases have been at this level – or even higher – since 2011. The rise in all-cash purchases began in 2007 as the housing bubble popped, and cash purchases accounted for nearly […]
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