Housing Market News
Market Tracker
Redfin Real-Time Home Price Tracker: July Home Prices Up 3% From 2011; Low Inventory Continues to Stifle Sales
As the latest jobs and consumer confidence data begins to signal that the overall economy may finally be coming back to life, real estate continues to show signs that 2012 is likely the beginning of a long, flat bottom in real estate.
Inventory Shortage: Move Along; Nothing to See Here
We’ve written about feisty buyers, shown data on multiple offers and told the story of Mid-Peninsula Madness. That opened up the floodgates, and now we’re
The Market Spends Another Day In Its Bathrobe, But Feeling Better
Howdy Redfinnians! Time for our monthly tell-you-everything analysis of the real estate market! We just hit $5 billion in home sales, where Redfin agents represented
It’s Not a Monster Truck Rally, It’s A Real Estate Market
Big news Redfinnians! Redfin just raised $15 million, mostly on the strength of nice revenue growth and very, very happy customers. Since launching our service
Insider Report Roundup: A Chilly January for Sellers & Buyers
Earlier this week we published another round of Insider Reports on our local blogs in Seattle, the Bay Area, Washington/Baltimore, Chicago, and new this month:
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
