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Why Cities Grow: The Data Behind the Story

Data analysis by Troy MartinAmerica’s fastest-growing cities are no longer along the coasts. Rather, domestic migration has shifted such that the highest population growth is in inland cities that have both strong job growth AND[...]
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2014 Luxury Report: Sales of Priciest 1% of Homes Climb While Rest of Home Sales Still Down

Neighborhoods in Los Angeles, Orange County and San Francisco Dominate the Top 20 List of Most Expensive HomesHome sales so far this year are lower than they were in 2013, but there’s one sliver of the housing market that’s going[...]
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Bidding Wars Heat Up, but Remain Less Extreme than in 2013

63.4% of Redfin Offers Faced Competition in March, Compared with 73.4% Last Year As the spring home-buying season kicked off, bidding wars again rose from the winter months. In March, 63.4 percent of offers written by Redfin agents[...]
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Cash is Still King in Home Buying

In 17 of the largest U.S. cities, 32 percent of homes purchased so far in 2014 were paid for with all cash. All-cash purchases have been at this level – or even higher – since 2011. The rise in all-cash purchases began in 2007 as the housing[...]
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40% of Home Sellers Plan to Price Above Market Value

Redfin Agents Caution that Buyers are Less Tolerant of Overpricing this Year Home sellers are shrugging off weak sales this year and kicking off the spring season with what might be considered a risky pricing strategy: 40.3 percent of[...]
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