Homebuyers Undeterred by Seller’s Market; Willing to Pay More

By Tim Ellis Real Estate News & Analysis Real Time Tracker | 1 Comment

For the latest Redfin Real-Time Home-Buyer report, we surveyed 1,353 active homebuyers who have recently toured homes with Redfin, in order to get their pulse on the market. While homebuyers’ frustration with low inventory continues to increase, there is also increased understanding of the seller’s market and a willingness to pay more. Expectations that prices… Read More

Inventory Crunch Begins to Ease with Largest Monthly Listings Increase Since 2010; Home Prices Up 16% Over Last Year

By Tim Ellis Real Estate News & Analysis Real Time Tracker | 1 Comment

The housing market across the nation was hot again in April. Yes, home prices are up. But the big story in this month’s report is that inventory posted its largest month-over-month increase in over three years. With more homes finally available to buy,This home sales posted their strongest March to April gain since 2009. The… Read More

No BS. It Really IS a Great Time to Sell.

By Tom Vogl Real Estate News & Analysis | Comment

If you’ve been following the real estate market lately, you probably know that we’re in what’s called a seller’s market. But how does that actually translate into an individual home seller’s experience? I just went through the process myself, and no BS, it really is a great time to sell. Low interest rates and increased… Read More

Redfin Bidding War Report Shows Early Signs of a Cooling Real Estate Market in Some Cities While Competition Intensifies in Others

By Rachel Musiker Real Estate News & Analysis | Comment

Welcome to Redfin’s latest in real estate analysis—the Bidding War Report. The data for this report are based on Redfin’s Offer Insights, statistics compiled from more than 2,000 offers written each month by Redfin agents for Redfin’s home-buying clients. In April, 73 percent of the offers Redfin agents wrote faced competition. That percentage, which peaked… Read More

Offers Climb Throughout March as Homebuyers Attempt to Beat Spring Rush

By Tim Ellis Real Estate News & Analysis Real Time Tracker | Comment

April 2013 Redfin Real-Time Demand Pulse (March data) Although finding new listings continues to be a problem for buyers in nearly every market, this ongoing struggle only seems to be strengthening the resolve of today’s buyers. The number of Redfin customers touring homes and making offers both turned in stronger monthly gains in March this… Read More