News

As First-Time Sellers, More Millennial Homeowners Want to Take The Money And Run

As First-Time Sellers, More Millennial Homeowners Want to Take The Money And Run

In a Redfin survey of more 1,700 home sellers in July, nearly 36 percent of millennials said a top reason for selling their house was to take a profit. Three in four of those young adults were first-time sellers. Like other homeowners, the[...]
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Most Home Sellers Think Now is a Good Time to Sell

This year, sellers are unabashed in stating that they think now is a good time to sell and that they hold the power in the housing market. According to the latest Redfin Survey of home sellers conducted this month, 52 percent think now is a good[...]
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Supply Shortage Continues to Squeeze Homebuyer Demand, Down 17 Percent in June

Homebuyer demand fell 17 percent in June, the fifth-consecutive month of year-over-year declines in early-stage homebuyer activity. The Redfin Housing Demand Index, based on thousands of Redfin customers requesting home tours and[...]
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Mortgage Rates: Going Up, But Summer Home Sales Stay Hot

Mortgage rates rose for the second week, averaging 3.45 percent for a 30-year, fixed-rate loan, up from 3.42 percent the week before. A year ago, rates averaged 4.04 percent, according to Freddie Mac’s weekly survey. Despite the[...]
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The Trump Bump: Have Trump Condos Lost Their Luster This Election Year?

The Trump Bump: Have Trump Condos Lost Their Luster This Election Year?

At the request of Yahoo! Finance, Redfin built a model that analyzed a sample of sales of Donald Trump-branded condos to similar units, controlling for location, size, number of bedrooms and other factors. We looked at selling success[...]
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