News

The White House recently signed into law a $2 trillion economic relief package to aid businesses and individuals impacted by the coronavirus pandemic. The stimulus bill, known as the CARES Act, will provide checks for as much as $1,200 to[...]

One-third of home-tour requests made by Redfin customers last week were for agent-led video-chat tours, up from less than 1% during the first week of March. Of the offers signed last week, 12% were signed by customers who had toured the home[...]

Spring started more than three weeks ago, but this week felt more like a new beginning. Home-buying demand, as measured by the annual growth rate in customers going on their first tour with a Redfin agent, took the first few halting steps[...]

During the month prior to the U.S. coronavirus crisis, U.S. home-sale prices increased 6.6% year over year. In February, the nationwide home price median rose to $293,700 and home prices were up 2.8% month over month on a[...]

Uncertainty reigns in the real estate market right now, just like it does in the rest of American life. It’s clear that the number of home sales is going to decline over the short term, with pending sales down 42% between March 23 and March 29[...]