News

Over the past week, we’ve been analyzing our website and customer activity data to see if the election has had any immediate effect on homebuyer behavior. On Wednesday November 9, homebuyers indeed exhibited what we call a[...]

What time of year is most advantageous for sellers to put their home on the market? Redfin analyzed more than 7 million home sales over the past four years and divided the data into seasons, according to when the homes were first listed. We[...]

Both home prices and financial markets took a big dive during the Great Recession—late 2007 to mid 2009. Since then, we’ve argued that the housing market has led the economy out of the recession, with home prices up in September[...]

Mortgage rates shot up this week, averaging 3.94 percent for a 30-year, fixed-rate loan, up from 3.57 percent last week. Last year at this time, rates were 3.97 percent, according to Freddie Mac.What does this mean for homebuyers and[...]

The median home sale price increased 7 percent in October, the strongest year-over-year growth Redfin has seen in 10 months. Overall home inventory declined for the 13th month with an 8.6 percent year-over-year drop, the biggest decline[...]