The Redfin Housing Demand Index is the industry’s first and only measure of housing activity prior to purchase. It is based on thousands of Redfin customers requesting home tours and writing offers in 15 major metro areas. The Demand[...]
As the Fed prepares to raise interest rates, some fear homebuyers might get discouraged and cause the housing market to slow. Others speculate that increasing rates will create even more demand from buyers trying to lock into cheaper[...]
New homes are selling at the weakest pace in seven months and it’s been a slower summer for homebuilders than we first thought, the Census Bureau said today.It’s a disappointing report. Even though new construction makes up only about[...]
Last week brought a bushel of economic data and a Senate plan to tap your home loan to build highways. This week brings news on jobs and the financial health of Fannie Mae and Freddie Mac. Thursday, elephants crowd into a room at[...]
Cooling Homebuyer Demand in June Suggests Home-Price Growth will Slow in August; the Most Substantial Price Relief Since February 2012August Prices Expected Up Just 2.2% and Sales Up 4.6% Year Over Year in 15-Metro CompositeToday we[...]