Each month, Redfin takes a look at home price trends throughout 19 key US markets. This month shows the rapid rise in home prices and sales volume during much of 2013 has now shifted course. Low mortgage rates and strong pent-up demand had[...]
Home prices continued their rise in July and sales volume jumped back up from the unexpected June dip. Price per square foot is up 19 percent year over year, but is up only 1.1 percent month-over-month which is the smallest rise in the past[...]
Inventory—in particular the lack of it—has been a front-page topic this year. We’re back on the topic of inventory today, but with glad tidings: Inventory is finally beginning to recover! Active listings grew 6.4% between March[...]
If you were in the market for a home last month, chances are you weren’t the only one vying for it, as 69.5 percent of offers Redfin agents wrote last month faced competition. Don’t be discouraged, because things are looking up for[...]
These days, growing numbers of single women are boasting a new title: Homeowner! Since the mid-1990’s, single women have purchased homes at nearly twice the rate as single men, according to the National Association of Realtors. The[...]