Housing Market

Bidding Wars

Redfin Bidding War Report Shows Early Signs of a Cooling Real Estate Market in Some Cities While Competition Intensifies in Others

Welcome to Redfin’s latest in real estate analysis—the Bidding War Report. The data for this report are based on Redfin’s Offer Insights, statistics compiled from more than 2,000 offers written each month by Redfin agents for Redfin’s home-buying clients. For the full report including data tables and charts, visit Real-Time Bidding Wars in Redfin’s Research […]

Home-Seller Confidence Doubles in the Second Quarter

Responses to Redfin’s Real-Time Seller Survey indicated a dramatic shift in the confidence of home sellers in the second quarter—45 percent of sellers believe now is a good time to sell, up from just 22 percent in the first quarter and 15 percent in the fourth quarter.

Is this another real estate bubble or just a lot of hot air?

The number one question Redfin’s real estate agents are being asked these days is: “Is this another bubble?” For now, the answer is no. Overall, the housing market this spring is hot, way hotter than any normal spring. For the most part, this is just the natural result of supply that is at record lows […]
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