Housing Market

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Affordability

Affording a House in a Highly Ranked School Zone? It’s Elementary

What Went into this Report Redfin took a look at homes on Multiple Listing Services (MLS), databases used by real estate brokers, that sold between May 1 and July 31, 2013 to calculate median sale price and price per square foot of homes within school zones. School zone boundaries were provided by Maponics. School data […]
Luxury Market

How the Top 1% Fared in the Housing Crash

Five years after the crash, the economy may not be back on its feet, but the ultra-rich are sitting pretty. According to new research done by UC Berkeley, the richest one percent of Americans captured 95 percent of the income growth in the United States between 2009 and 2012. With homes always on our mind, this stunning stat made us wonder: How did the top 1% of homes fare the housing crash?
Monthly Market Update

Summer Prices Cool as We Head Into Fall

Each month, Redfin takes a look at home price trends throughout 19 key US markets. This month shows the rapid rise in home prices and sales volume during much of 2013 has now shifted course. Low mortgage rates and strong pent-up demand had buyers flooding into the market, but now both buyers and sellers are […]
Monthly Market Update

Inventory Drops While Sales and Prices Rise

Home prices continued their rise in July and sales volume jumped back up from the unexpected June dip. Price per square foot is up 19 percent year over year, but is up only 1.1 percent month-over-month which is the smallest rise in the past five months and is a sign of a cooling off for […]
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