Nationwide, 56.8% of Redfin offers on homes faced competition in October, little changed from September’s revised rate of 57.4%. While that’s down slightly from the recent peak of 59.3% in August, it represents the[...]
“A lot of people spent last week glued to their screens and put off home tours or listing their homes until we got some certainty around the election results,” said Redfin chief economist Daryl Fairweather. “Now that most of the[...]
Popular second-home destinations including the Jersey Shore, Cape Cod, Lake Tahoe, Palm Springs and Bend, OR are heating up and becoming full-time residences for homebuyers who have the luxury of working remotely as people leave New[...]
“Some sellers may be waiting until after the election results are certain before they list their homes,” said Redfin chief economist Daryl Fairweather. “But homebuyers are still rushing into the market to take advantage of[...]
“This week the housing market reached a new milestone, with more homes having closed so far this year than by this time last year,” said Redfin lead economist Taylor Marr. “This comes despite the housing market nearly grinding to a[...]