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“Each week, inventory keeps dropping, and the homeowners who do decide to list are setting higher and higher asking prices,” said Redfin Chief Economist Daryl Fairweather. “Prices are rising so quickly that even recently sold[...]

The national median home-sale price rose 14% year over year to $330,500 in January, an annual gain just shy of the largest increase seen since 2013, which was 14.5% in July 2013. Closed home sales were up 20% from a year earlier and pending[...]

“There is a serious lack of new listings, and although prices are through the roof, homeowners are reluctant to sell, because it’s so hard to buy again unless you are moving to a less expensive area where you can afford to outbid other[...]

Today’s housing market is one of the most competitive in history. Remote work and record-low mortgage rates are prompting scores of Americans to relocate and purchase homes. The problem is that there aren’t nearly as many homes for[...]

“With more and more homes going off the market before buyers have had a chance to tour them, it has never been more important for homebuyers to be well prepared,” said Redfin chief economist Daryl Fairweather. “That means setting[...]