News

The housing market continues to cool as mortgage rates tick up above 3% for the first time in 10 weeks. The Redfin Homebuyer Demand Index—a measure of requests for home tours and other home-buying services from Redfin agents—has[...]

The U.S. housing market lost more steam as summer began, with pending sales continuing their slide and the number of homes for sale slowly growing. Google trends also revealed a continued decline in online house hunting, with searches for[...]

So far this year, 580 homes in the Seattle metro area have sold for $300,000 or more above their asking prices. That compares with 16 homes during the same period in 2020.Meanwhile, 4,078 homes in Seattle have sold for between $100,000 and[...]

Fierce competition continues to drive home prices up, but home tours, offers and pending sales have slowed. New listings, a key lever for home sales growth, have held up better than pending sales and are inching up increasingly close to[...]

The nation’s top iBuying companies purchased 4,383 homes in the first quarter of 2021—the most recent period for which data is available. While that’s down 6.1% from a year earlier, it’s up 20.6% from the prior quarter—a sign[...]