For the first time, home sales are higher than before the pandemic due to low mortgage rates. With low inventory, homes sell fast and prices rise.
The post Home Sales Exceed Pre-Pandemic Levels for the First Time…
The housing market closed out the month of June on somewhat uneven footing as pending sales pulled back slightly despite another record low for mortgage interest rates.
The post Pending Home Sales Retreat Even as Mortgage Rates…
Record-low mortgage interest rates below 3% drove pending sales to increase again, nearly to 2019 levels.
The post Pending Home Sales Approach 2019 Levels, Powered by Record-Low Mortgage Rates appeared first on Redfin | Real Estate Tips…
The housing market showed some early signs of recovery in May as new listings and pending sales both increased dramatically from April levels.
The post Home Prices Flat, Other Indicators Suggest the Market is Rebounding from Coronavirus…
Homebuyer demand is now 25% above pre-pandemic levels. Redfin agents report bidding wars are “bananas” with homes “flying off the shelves.” Sale prices are up 3.1%; asking prices are up 9.9%.
The post Homebuying Demand Just Keeps…
Austin, Texas continues to grow in popularity and for good reason. Downtown Austin has so much to offer, with a big music scene, great restaurants with unique culture, awesome parks for biking and walking, and a…
The effects of the coronavirus pandemic and subsequent shutdowns hit the housing market in full force in April.
The post Homebuyer Demand Outpaced Supply Mid-Pandemic, Leading to Lower Sales and Preventing Price Declines appeared first on Redfin…
At the beginning of March, the housing market was stronger than ever and the U.S. economy was relatively stable. By the end of March everything had been thrown into extreme disarray.
The post US Housing Market Reverses…
U.S. home-sale prices increased 6.6% year over year in February to a nationwide median of $293,700.
The post Going Into the Coronavirus Crisis, the U.S. Housing Market Was Stronger Than Ever appeared first on Redfin | Real…
In order to more accurately represent the national housing market trends, we made some changes to our national housing data methodology.
The post National Housing Data Methodology appeared first on Redfin | Real Estate Tips for Home…