Housing Market News

Homebuyer Demand Ebbs For Fourth-Straight Month
The Redfin Housing Demand Index fell 6.9 percent from a year earlier amid inventory woes.

Redfin Homebuyer Demand Index Down 6% in February After 9 Months of Inventory Declines
Home tours were up 19 percent and offers rebounded 4 percent, but overall homebuyer demand was limited by low supply.
February New Listings Surged 12 Percent, But Overall Inventory Still Falling
Inventory falls to record lows in Seattle, Portland, Louisville and other regions.
2016 is Staged for More Competition as Supply of Homes Dwindles
Demand has outpaced the supply of homes for sale since early 2015, when inventory began to drop sharply in many metro areas while home sales rose, growing nationwide by 9.7 percent overall last year.

Why You Should Buy the Cheapest Home on the Best Block
I bet you think buying an affordable city home requires a sacrifice. Not necessarily.

House Hunters Are Ready and Waiting… for Homes to Buy
Homebuyers are shaking off jittery stock markets and rejoicing at falling mortgage rates. The only problem is inventory.
Home Prices Rose 11% in August—Biggest Gain in Over 6 Years
The national median home price rose 11% year over year to $328,400 in August—the largest annual increase since February 2014.
Home Prices Up 8% as Supply Fell 22% to a New All-Time Low in July
The national median home price rose 8.2% year over year to an all-time high of $323,800 in July, as low rates drove a spike in early homebuyer demand.
U.S. Median Home Sale Price up 3% to a New High in June
The national median home price rose 2.8% year over year, reaching an all-time high of $311,300 in June.
Home Sales Exceed Pre-Pandemic Levels for the First Time as Mortgage Rates Hit Another Record Low
For the first time, home sales are higher than before the pandemic due to low mortgage rates. With low inventory, homes sell fast and prices rise.
Home Prices Flat, Other Indicators Suggest the Market is Rebounding from Coronavirus Shutdowns
The housing market showed some early signs of recovery in May as new listings and pending sales both increased dramatically from April levels.
6 Austin Neighborhoods to Watch This Homebuying Season
Austin, Texas continues to grow in popularity and for good reason. Downtown Austin has so much to offer, with a big music scene, great restaurants