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Survey: Homebuyers and Sellers Feel That Rising Home Prices Have Made Their Lives Worse

Survey: Homebuyers and Sellers Feel That Rising Home Prices Have Made Their Lives Worse

As cities across the country grapple with an ongoing housing affordability crisis, solutions in the form of policy proposals have become a topic of local and national debate, with Presidential candidates and community and business[...]
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Bidding Wars Edge Up Slightly in September, Bucking the Typical Seasonal Trend

Bidding Wars Edge Up Slightly in September, Bucking the Typical Seasonal Trend

Nationally, just 11 percent of offers written by Redfin agents on behalf of their homebuying customers faced a bidding war in September, down from 41 percent a year earlier, but up slightly from the eight-year low of 10 percent set in[...]
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Priced out of the Bay Area? Here are 5 Emerging Tech Hubs Where Software Engineers Can Afford to Buy a Home

Priced out of the Bay Area? Here are 5 Emerging Tech Hubs Where Software Engineers Can Afford to Buy a Home

Charlotte and Buffalo boast 4% job growth for engineers, who need to spend less than 20% of their income on housing.It’s no secret there are plenty of jobs for software engineers in tech hubs like San Francisco and Silicon Valley. But even[...]
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Luxury Housing Market Stabilized in the Third Quarter After a Weak First Half

Luxury Housing Market Stabilized in the Third Quarter After a Weak First Half

Sales of homes priced at or above $1.5 million increased 3.2% annually, a sign that the high-end market is moderating after recession fears marred the first two quarters. The average sale price for luxury homes nationwide rose 0.3[...]
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Homeowners are Staying in Their Homes Five Years Longer Compared to 2010, Leaving First-Time Homebuyers with Fewer Options

Homeowners are Staying in Their Homes Five Years Longer Compared to 2010, Leaving First-Time Homebuyers with Fewer Options

The typical American homeowner in 2019 had spent 13 years in their home, up from eight years in 2010. Median home tenure increased in all of the 55 metros Redfin analyzed. In Salt Lake City, Houston, Fort Worth, San Antonio, and Dallas[...]
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