News

Demand for second homes was up 70% from pre-pandemic levels in October, outpacing August’s 48% gain but below January’s record 91% growth. That’s according to a Redfin analysis of mortgage-rate lock data from real estate[...]

Real estate investors bought a record 18.2% of the U.S. homes that were purchased during the third quarter of 2021, up from a revised rate of 16.1% in the second quarter and 11.2% a year earlier.We define an investor as any institution or[...]

Redfin’s Homebuyer Demand Index hit a new all-time high since at least 2017, suggesting strong ongoing housing demand during a time of year when the market typically slows. The Redfin Homebuyer Demand Index is a seasonally adjusted[...]

In September, demand for second homes was 60% higher than it was before the coronavirus pandemic hit. While that’s a slowdown from the record 112% surge we saw in March, it’s an acceleration from July’s 40% gain.That’s according[...]

The median price of homes sold in September was $376,800, up 14% from a year earlier, the lowest growth rate since December 2020. September marked the 14th consecutive month of double-digit price gains. Closed home sales and new listings[...]