The Redfin Housing Demand Index decreased 13.9 percent from February, to a seasonally adjusted level of 108 in March. While homebuyer demand has cooled from its record high of 132 in January, this was still the strongest March since 2013,[...]
The Redfin Housing Demand Index decreased 8.5 percent from January’s record-high, to a seasonally adjusted level of 118 in February. Despite the dip from the previous month, this was the strongest February for homebuyer demand since[...]
The median home sale price increased 7.0 percent in January to $261,100, continuing a trend of steady annual growth. Home sales were up as well, increasing 5.6 percent compared to last year despite mortgage rate uncertainty and a[...]
In the hottest job markets, federal loan programs aren’t helping people land homes in the areas that are closest to the best jobs. Federal Housing Authority (FHA) borrowers are often working-class first-time homebuyers. In hot job[...]
A level of 100 represents the historical average for the three-year period from January 2013 to December 2015.
Homebuyer demand in December was well above recent historical norms, and the highest level seen in the index’s three[...]