News

Pending sales are down just 3% from a year ago—a sign that real estate has almost completely recovered from the initial impact of the coronavirus shutdown in early April, when pending sales fell 41% from 2019. This follows a strong[...]

The median sale price for luxury homes nationwide dropped 2.3% year over year to $1,099,521 in the 12 weeks ending June 14, one of the biggest declines since at least the beginning of 2015. But the latest data shows the luxury market may be[...]

More than half of Redfin offers for homes faced competition in June for the second month in a row. Nationwide, 53.7% of Redfin offers faced bidding wars last month, up from a revised rate of 51.8% in May and 44.4% in April*. An offer is[...]

The housing market continued its recovery in the week ending July 5 despite the rise in COVID-19 cases. For the first time, home sales exceeded pre-pandemic levels from January and February, up 2% on a seasonally adjusted basis. Demand is[...]

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 with unique culture, awesome parks for biking and walking, and a collaborative tech[...]