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Almost Two-Thirds of Home Offers Written By Redfin Agents Faced Bidding Wars In March

Almost Two-Thirds of Home Offers Written By Redfin Agents Faced Bidding Wars In March

Nearly two-thirds (64.0%) of home offers written by Redfin agents in March faced competition, up from a revised rate of 62.1% in February. That’s the 11th-consecutive month in which more than half of Redfin offers encountered bidding[...]
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Work From (Second) Home: Demand for Vacation Homes Continues to Soar, Even as Offices Show Signs of Life

Work From (Second) Home: Demand for Vacation Homes Continues to Soar, Even as Offices Show Signs of Life

The intense demand for vacation homes is a symbol of the ongoing uneven economic recovery in the U.S., with some Americans able to afford second homes and many unable to afford even one. The number of buyers who locked in mortgage rates for[...]
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Housing Market Update: Homes Sell At Fastest Pace on Record—59% Under Contract within 2 Weeks

Housing Market Update: Homes Sell At Fastest Pace on Record—59% Under Contract within 2 Weeks

Note: Year-over-year comparisons in this report are more a reflection of the fact that this time last year stay-at-home-orders halted both home-buying and selling activity than of how the housing market has changed over the past[...]
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Housing Market Update: Homes Sell at Fastest Pace on Record

Housing Market Update: Homes Sell at Fastest Pace on Record

Note: Year-over-year comparisons in this report are more a reflection of the fact that this time last year stay-at-home-orders halted both home-buying and selling activity than of how the housing market has changed over the past[...]
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List Your Home in the Middle of the Week to Sell For More Money

List Your Home in the Middle of the Week to Sell For More Money

The typical home listed on a Tuesday, Wednesday or Thursday sells for $1,700 more than one listed on the weekend, and it sells nearly two days faster. And make sure not to overprice: Homes get 64% more views the day they first hit the market[...]
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