News

Homebuyer Demand Fell 11 Percent Year Over Year in January; Supply Shortage is to Blame

Homebuyer Demand Fell 11 Percent Year Over Year in January; Supply Shortage is to Blame

The Redfin Housing Demand Index fell 11.4 percent to 89 in January from a year earlier after flattening in December. What’s interesting is that tours and offers moved in opposite directions in January. The number of Redfin customers[...]
Read More
2016 is Staged for More Competition as Supply of Homes Dwindles

2016 is Staged for More Competition as Supply of Homes Dwindles

Redfin Home Tour Index Reaches Highest Level on Record but Offers FallThe housing market is going to get more competitive in 2016.Home sales grew 6.7 percent in January from last year, while depleted inventory pushed the median sale price[...]
Read More
Is Seattle Getting Richer or Poorer?

Is Seattle Getting Richer or Poorer?

Seattle is getting richer. New money, old news. And lately it’s been good news for a lot of Seattle families. From 2010 through 2014, the number of families earning $200,000 or more went up by 31 percent. But at the same time, the number of[...]
Read More

One in Four Homebuyers Cites High Rent as Reason for Buying

One in four homebuyers is looking to purchase because their rent is too high, according to a Redfin survey of 750 homebuyers this month.That’s up from one in five in November, and up from one in eight last August. In each survey, when we[...]
Read More

Mortgage Rates: Looking Good and Looking Even Better Soon?

Mortgage rates held steady this week at 3.65 percent for a 30-year, fixed-rate loan. It’s the first time all year that rates didn’t fall in Freddie Mac’s weekly survey of lenders. Rates fluctuate all the time, and there are a[...]
Read More

Showing 891 - 895 of 1102 posts