Housing Market News
Home Prices Jump in December, Posting Biggest Increase in Almost Two Years
Home prices rose 8.8 percent in December from a year ago, the biggest increase in 22 months.
Home Prices Strengthen and Sales Flatten as Inventory Continues to Decline
Home prices surged in November by 6.8 percent from last year, the biggest increase since April.
The Housing Market Takes a Dramatic Turn as Sales Flatten in October
Home sales stalled in October, increasing just 0.3 percent from last year, an abrupt slowdown from September’s double-digit growth. Twenty-seven of 67 metros tracked by Redfin had fewer transactions, including hot markets like Seattle, Denver, Austin, Miami and Dallas.
Sales Maintain Healthy Growth Even As Buyers Hit Their Limits on Price
The Redfin Housing Demand Index posted its smallest annual increase so far this year, inching up only 0.3 percent to 93 in September from 92 a year earlier. Fewer people are touring and those who are have less to choose from, but they’re still making offers.
Home Sales Up 13.4% in July as Supply Hovers Near Record Lows
Home sales remained strong with an increase of 13.4 percent over last July, and price growth jumped to 5.8 percent year over year, up from 4.6 percent in June.
June Housing Market Sets All-Time Records for High Speed and Low Supply
U.S. Home sales increased 11.4 percent in June compared to the same time last year, leaving buyers with the lowest supply of homes for sale on record.
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: