In May, 70.4% of home offers written by Redfin agents faced competition, down from a revised rate of 73.6% in April but still up significantly from 52.7% in May 2020. It’s important to note that May 2020 housing-market activity was[...]
Private outdoor space is the number one feature buyers are looking for this year. Rising prices are the top concern, reflecting America’s hot housing market, with price growth hitting double digits every month this year. For nearly[...]
Note: Pandemic lockdowns significantly slowed homebuying and selling in April 2020, which means the year-over-year trends for home prices, pending sales, closed sales and new listings are somewhat exaggerated. For more context, we[...]
Unless otherwise noted, this data covers the four-week period ending May 16.Note: At this time last year, pandemic stay-at-home orders halted homebuying and selling, which makes year-over-year comparisons unreliable for select[...]
Unless otherwise noted, this data covers the four-week period ending May 23.Note: At this time last year, pandemic stay-at-home orders halted homebuying and selling, which makes year-over-year comparisons unreliable for select[...]