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Bidding Blind: Nearly One in Five Homebuyers Made an Offer Before Seeing Home in Person

Bidding Blind: Nearly One in Five Homebuyers Made an Offer Before Seeing Home in Person

When Jason Wooten decided to buy a home in Denver, he knew it might be an atypical experience. Jason lives in Alaska. Knowing that Denver is one of the most competitive real estate markets in the country, Jason was prepared to move quickly[...]
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California Fails the Affordability Test for Teachers

California Fails the Affordability Test for Teachers

If any student received a 17 percent on a final exam it would be grounds for a parent-teacher conference. When it comes to the test of California housing affordability for the state’s school teachers, we did our homework and found it’s[...]
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Mortgage Rates: Does the Federal Reserve Drama Really Matter?

Mortgage rates inched up this week, averaging 3.46 percent for a 30-year, fixed-rate loan, up from 3.43 percent last week. Last year at this time, rates were 3.89 percent, according to Freddie Mac.While mortgage rates are very likely to[...]
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Homebuyer Activity Picked Up in July But Continues to Fall Short of Last Year’s Levels

Homebuyer demand picked back up in July after posting month-over-month declines in May and June. The Redfin Housing Demand Index, based on thousands of Redfin customers requesting home tours and writing offers, increased 5.7 percent[...]
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Survey: 60 Percent of Home Sellers Are Now Saving on Commissions

Survey: 60 Percent of Home Sellers Are Now Saving on Commissions

In June, Redfin commissioned SurveyMonkey Audience to conduct a survey of more than 2,000 people in eight major U.S. markets who had bought or sold a home in the past year to better understand people’s home-buying and selling[...]
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