U.S. home-sale prices increased 2.7 percent year over year in August to a median of $312,200 across the 217 metros Redfin tracks. Home prices have been growing in a tight range between 1 and 3 percent year over year since September[...]
People who bought a home the year prices bottomed out have earned a median $141,000 or 261% in home equity.
Homeowners in Tacoma, Washington and Virginia Beach saw the biggest percent increases in home equity since 2012.
People who[...]
San Francisco, San Diego and Las Vegas were the most competitive housing markets in August, but local buyers were far less likely to face a bidding war than last summer.
Just 10.4 percent of offers written by Redfin agents on behalf of[...]
U.S. home-sale prices grew at a steady 3.3 percent rate year over year to a median of $318,100 across the metros Redfin tracks. Home prices have been growing in the healthy 3 percent range since May.
Overall the market in July didn’t hold[...]
Whether it happens this year, next year, or in 10 years, another recession is inevitable. Regardless of when it comes, it’s unlikely to have a large negative impact on the US real estate market. However, there are some metro areas that are[...]