News

One in five recent homebuyers said they made an offer sight-unseen, according to a Redfin-commissioned survey in May of 1,463 people across 14 major markets who had bought a home in the last year. That’s down from 35 percent in a similar[...]

September Home Sales Slump, Prices Post Smallest Increase Since the Market Bottomed in 2012 U.S. home-sale prices increased just 2.1 percent in September compared to a year ago, to a median of $292,000 across the 171 metros Redfin[...]

The Redfin Housing Demand Index increased 5.1 percent from August to 131 in September, after remaining essentially flat around 124 since May. The month-over-month increase in demand was driven more by growth in early-stage home-buying[...]

The Redfin Housing Demand Index remained roughly unchanged at 120.3 for the third consecutive month in July as inventory declines continued to moderate , allowing buyers to be more selective. Compared with June, 1.1 percent fewer people[...]

San Jose and San Francisco, however, are seeing more new listings hit the market. After more than six years of tight supply and surging prices, the third quarter of 2018 has been a turning point for the housing market in many major West Coast[...]