Luxury real estate prices are rising as the coronavirus pandemic drives demand for extra bedrooms, home offices, big backyards and pools
The post Luxury Home Prices Bounce Back, Rising 1.2% in Early Summer appeared first on Redfin…
Home prices typically decline this time of year after hitting a seasonal peak in late June or early July. This year, as of the four weeks ending August 9, home prices were up 3.5% month over…
Just 6% of homes held open houses during their first week on the market in July, down from 16% a year earlier as fears around the coronavirus pandemic persist
The post Just 6% of Homes Held Open…
There’s more demand—and less supply—for rural and suburban neighborhoods than cities as the pandemic influences homebuyer preferences. Still, prices are up 6.7% in urban areas.
The post Homebuyer Interest in Rural Areas Rises, With Prices Up…
Trying to buy a home today is starting to feel similar to searching for hand sanitizer or toilet paper in the early days of the coronavirus pandemic…
The post Homes Flying Off Market at Record Pace—46% Accept…
54% of Redfin offers faced bidding wars last month amid record-low mortgage rates and an acute shortage of homes for sale.
The post Bidding Wars Hold Steady in July, With Over Half of Redfin Offers Encountering Competition…
Low mortgage rates, spending more time at home and working from home are driving forces for people moving due to the coronavirus pandemic.
The post Survey: 25% of Homebuyers Are Moving—Or Moving Sooner Than Planned—Because of…
Key takeaways for the 4-week period ending July 26: Pending home sales were up 12% year over year, an increase from the 7% year over year gains we reported for the period ending July 12. 30-year…
Homebuyer interest in condos dropped with the coronavirus pandemic along with prices, but buyers seeking affordable living are starting to return.
The post Condo Prices Down 1.4% in June, Sales Down 31%, But Demand Is Ticking Up…
Almost half of surveyed homebuyers said they made a bid on a home without seeing it in person, up from 28% in 2019, amid pandemic fears and competition driven by a worsening housing shortage
The post Survey:…