News

Pending Home Sales Approach 2019 Levels, Powered by Record-Low Mortgage Rates

Pending sales are down just 3% from a year ago—a sign that real estate has almost completely recovered from the initial impact of the coronavirus shutdown in early April, when pending sales fell 41% from 2019. This follows a strong[...]
Read More
Luxury Home Prices Dropped 2.3% This Spring, Reversing Course From Pre-Pandemic Growth

Luxury Home Prices Dropped 2.3% This Spring, Reversing Course From Pre-Pandemic Growth

The median sale price for luxury homes nationwide dropped 2.3% year over year to $1,099,521 in the 12 weeks ending June 14, one of the biggest declines since at least the beginning of 2015. But the latest data shows the luxury market may be[...]
Read More

More Than Half of Redfin Offers Faced Bidding Wars for Second Consecutive Month in June

More than half of Redfin offers for homes faced competition in June for the second month in a row. Nationwide, 53.7% of Redfin offers faced bidding wars last month, up from a revised rate of 51.8% in May and 44.4% in April*. An offer is[...]
Read More
Home Sales Exceed Pre-Pandemic Levels for the First Time as Mortgage Rates Hit Another Record Low

Home Sales Exceed Pre-Pandemic Levels for the First Time as Mortgage Rates Hit Another Record Low

The housing market continued its recovery in the week ending July 5 despite the rise in COVID-19 cases. For the first time, home sales exceeded pre-pandemic levels from January and February, up 2% on a seasonally adjusted basis. Demand is[...]
Read More
6 Austin Neighborhoods to Watch This Homebuying Season

6 Austin Neighborhoods to Watch This Homebuying Season

Austin, Texas continues to grow in popularity and for good reason. Downtown Austin has so much to offer, with a big music scene, great restaurants with unique culture, awesome parks for biking and walking, and a collaborative tech[...]
Read More

Showing 566 - 570 of 1102 posts