News

Bidding Wars Slowly Heating Back Up in San Francisco—Nearly 1 in 4 Home-Purchase Offers Faced Competition in April

Just 15 percent of offers written by Redfin agents on behalf of their home-buying customers in April faced a bidding war, down from 60 percent in April 2018. After a dramatic decline in bidding wars between September and January, even[...]
Read More
Together, Uber Employees Could Buy Every Single Home for Sale in San Francisco, Oakland and Berkeley with their IPO Cash

Together, Uber Employees Could Buy Every Single Home for Sale in San Francisco, Oakland and Berkeley with their IPO Cash

[This report was updated on May 9, 2019, the day Uber announced the price of its public offering, to reflect its IPO price of $45 per share] The enormous public offering could put further pressure on the Bay Area housing market, already the[...]
Read More
Home Sales Surge in Florida as California Markets See Double-Digit Annual Declines in March

Home Sales Surge in Florida as California Markets See Double-Digit Annual Declines in March

U.S. home-sale prices were essentially unchanged in March, ticking down by 0.1 percent from a year ago, to a median of $295,100 across the metros Redfin tracks. Although this barely registers as a decline, it’s the first year-over-year[...]
Read More
Do Homes With Open Houses Sell for More Money?

Do Homes With Open Houses Sell for More Money?

Homes with open houses tend to sell for more money and spend fewer days on the market—but only in certain metros. Nationwide, homes with open houses sell for $9,046 more and spend seven fewer days on the market than homes without open[...]
Read More
No “Hacks” Needed: Millennial Homebuyers Taking Fewer Creative Measures to Save for Down Payments

No “Hacks” Needed: Millennial Homebuyers Taking Fewer Creative Measures to Save for Down Payments

Twenty-four percent of millennial homebuyers took a second job to save for a down payment, down from 36 percent last year. This is according to a March survey commissioned by Redfin of over 2,000 U.S. residents who planned to buy or sell a[...]
Read More

Showing 676 - 680 of 1102 posts