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“Even with prices soaring and the number of homes for sale at an all time low, homebuyers are moving as quickly as they can to buy every home that comes on the market,” said Redfin chief economist Daryl Fairweather. “Many homeowners[...]

“Buyers are likely disappointed by the lack of new homes listed in the past month,” said Redfin chief economist Daryl Fairweather. “But that’s not stopping them from making offers on what is on the market, which is sending pending[...]

A record 25.1% of U.S. homeowners in 2020 have lived in the same home for more than 20 years, up from 14.3% in 2010 and 8.6% in 2005, as rising home prices over the last two decades have made it more beneficial for Americans to stay put.In 2020,[...]

Luxury home sales in West Palm Beach, FL surged 116% year over year in the fourth quarter—a bigger gain than any other major U.S. metro and the largest increase since at least 2013, when Redfin began tracking this data. By comparison,[...]

Nationwide, 49.7% of home offers written by Redfin agents faced bidding wars in December. While that’s down from a revised rate of 55.9% in November, it represents the eighth-straight month in which about half of Redfin offers[...]