We predict that the housing market will continue to cool into the first half of 2019. Inventory will rise back up to 2017 levels, and price growth, while likely still positive, will be the lowest we’ve seen since 2014 or possibly even 2011.[...]
As the share of Redfin offers facing competition plummets to an eight-year low nationally, the Seattle metro area has seen a particularly spectacular decline in bidding wars, falling from 75 percent of all offers local Redfin agents[...]
Less than half of homebuyers and sellers between the ages of 35 and 44 believe that real estate is a better long-term investment than the stock market, according to a survey Redfin commissioned in December of more than 2,600 people[...]
Sales of new homes in all four major US regions dropped in the last two months of 2018. The year-over-year trend was especially drastic in the Northeast, where new-home sales fell by 16.1 percent in December.Here’s a look at the annual[...]
We have written a lot recently about rapid growth in the supply of homes for sale in many markets such as San Jose and Seattle. But with both home prices and interest rates up from a year ago, both the number and share of homes for sale that are[...]