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Seattle, San Jose and Fremont, Calif., are the Most Competitive U.S. Housing Markets

Seattle, San Jose and Fremont, Calif., are the Most Competitive U.S. Housing Markets

Fremont and San Jose, Calif. and Seattle are the most competitive U.S. cities for homebuyers. This is according to a ranking based on Redfin Compete Score, a newly launched feature that rates housing competition in cities and[...]
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Redfin Housing Demand Index Flattens from May to June

The Redfin Housing Demand Index fell 0.7 percent month over month to 120 in June. The decline was driven by a 2.2 percent decrease in the seasonally adjusted number of homebuyers requesting tours, and a 12.2 percent decrease in the number[...]
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Luxury Home-Price Growth Slows to 5 Percent in the Second Quarter

Luxury home prices rose 5.2 percent year over year to an average of $1.9 million in the second quarter of 2018. This is lower growth than in the first quarter, when prices were up 7.3 percent. This analysis tracks home sales in more than 1,000[...]
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New Construction Home Prices Increased 3.2% in Second Quarter

Second-quarter 2018 new construction metrics compared to second quarter 2017:“After a dramatic drop in June, lackluster housing-start numbers again in July is disappointing news for the housing market,” said Taylor Marr, Redfin[...]
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Redfin Survey: 36% of Millennial Homebuyers Took a Second Job to Save for Down Payment; 10% Sold Cryptocurrency

Redfin Survey: 36% of Millennial Homebuyers Took a Second Job to Save for Down Payment; 10% Sold Cryptocurrency

In March, Redfin commissioned a survey of 2,000 U.S. residents who planned to buy or sell a primary residence in the next 12 months. The purpose of the survey was to better understand the objectives, perspectives and concerns of those about[...]
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