News

High-season pressure hit homebuyers especially hard this spring, forcing them to make significant compromises in order to get under contract on the right home. According to our latest survey of nearly 800 Redfin agents last month, it[...]

How do you tell if a housing market is scorching hot? One way is to see what portion of homes are designated Redfin Hot Homes. It’s an algorithm Redfin developed to identify homes likely to sell within two weeks. By this measure, Denver,[...]

Mortgage rates rose for the third straight week, with 30-year, fixed-rate home loans averaging 3.66 percent, according to Freddie Mac. A year ago, a typical loan was 3.87 percent. Home loans are getting more expensive as the economy[...]

U.S. employers added 38,000 new workers in May, the weakest job growth in almost six years. There’s no way to sugarcoat it — that’s a really low number that caught economists off guard. “Pathetic”, “extremely[...]

The Redfin Housing Demand Index fell 4.9 percent to 118 in April, the fifth consecutive month of year-over-year declines. Early stage demand strengthened, with the number of Redfin customers requesting tours up 19.8 percent year over[...]