Homebuyer Enthusiasm Slips; Growing Sense that the Market Is Shifting Toward Sellers
Now that we have data from three quarterly surveys, we see some clear trends emerging. Home buyers surveyed by Redfin… Read More
All You Have to Do Is Ask: How to Hire Smart People Everywhere
Many years ago, one of Redfin’s investors asked Sean Moriarty, former TicketMaster CEO, to take me to lunch. Sean asked only two questions: “Are you some kind of star-f****er?” (I’d breathlessly inquired, as if it wasn’t self-evident, what David Lee Roth was really like) and “Do you have an eye for talent?” “Well,” I said,… Read More
In February 2012, we began a quarterly survey of our customers to develop a real-time portrait of how active home buyers feel about the market. Today, we’re launching a companion report, based on a survey of active home sellers on Redfin. For one week beginning last Wednesday (August 10 to August 15, 2012), we surveyed… Read More
First You’re Lucky, Then You’re Good
In book publishing, an author who has written two manuscripts, the first mediocre and the next magnificent, will often see the two published in reverse order, with the magnificent novel promoted as a debut, and the mediocrity coming out years later. What publishers know is that if your first effort is even slightly disappointing, no… Read More
The Redfin Real-Time Home Price Tracker is a monthly report on home prices, sales and inventory across 19 U.S. markets, published weeks before any other index, based on the local databases used directly by Realtors to list properties and record sales. Following is a summary of key metrics across 19 major metropolitan markets: Home prices… Read More
Four weeks ago we launched the Real-Time Demand Pulse; a monthly report on our brokerage’s touring and offer activity from thousands of home-buyers across 18 U.S. markets. Redfin is the only major real estate broker capturing tour and offer data in one location, which enables us to project U.S. homes sales volume months in advance… Read More