News

Home Prices Shot Up in May As Sales Hit 4-Year High

May’s housing market has good news for everyone. Good news for buyers: For-sale home inventory increased in May for the second straight month. Good news for sellers: prices shot up and home sales hit a four-year high. There are some early[...]
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Homebuyers Undeterred by Seller’s Market; Willing to Pay More

For the latest Redfin Real-Time Home-Buyer report, we surveyed 1,353 active homebuyers who have recently toured homes with Redfin, in order to get their pulse on the market. While homebuyers’ frustration with low inventory continues[...]
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No BS. It Really IS a Great Time to Sell.

No BS. It Really IS a Great Time to Sell.

If you’ve been following the real estate market lately, you probably know that we’re in what’s called a seller’s market. But how does that actually translate into an individual home seller’s experience? I just went through the[...]
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Luxury Home Sales Hit 6-Year High

Luxury Home Sales Hit 6-Year High

As the housing market and the economy both continue to recover, the luxury housing market is making big gains as well, with sales of homes $1 million and up gaining 34% between the first quarter of 2012 and the first quarter of 2013, compared[...]
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Redfin Bidding War Report Shows Early Signs of a Cooling Real Estate Market in Some Cities While Competition Intensifies in Others

Redfin Bidding War Report Shows Early Signs of a Cooling Real Estate Market in Some Cities While Competition Intensifies in Others

Welcome to Redfin’s latest in real estate analysis—the Bidding War Report. The data for this report are based on Redfin’s Offer Insights, statistics compiled from more than 2,000 offers written each month by Redfin agents for[...]
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