Year-End Slowdown Begins with Sluggish Tours & Offers in October as Record-Low Inventories Continue

As is typical this time of year, the housing market began to lose some steam in October, according to tour and offer data in Redfin’s Real-Time Demand Pulse. The month-over-month change in the number of Redfin clients touring homes and writing offers in October 2012 was nearly the same this year as last. Read More

More Confidence, Less Fear Among Home Sellers; Potential for Increased Inventory in 2013

As the housing market winds down this year, home sellers’ concerns about the economy are beginning to ease slightly and responses to Redfin’s Real-Time Seller Survey point toward increasing confidence for the 2013 selling season. Read More

Cautious Optimism For Real Estate from Agents: Redfin’s Real-Time Agent Survey

By Tim Ellis Real Estate News & Analysis Real Time Tracker | 9 Comments

We are proud to introduce the inaugural Redfin Real-Time Agent Survey…and the picture painted by the agents is one of cautious optimism. Most agents we surveyed expect modest price gains, improvements for buyers as well as sellers, and moderate growth in the real estate industry. Read More

Redfin Real-Time Home Price Tracker: Home Prices Dip Slightly in September, Still 5% Above 2011

By Tim Ellis Real Estate News & Analysis Real Time Tracker | 5 Comments

National home prices turned in another 5 percent gain from a year ago in September, even as they began their typical seasonal decline, inching down just under 1 percent from August. Read More

September Tours Increase 3%, Offers Up 4%, Sales Show No Sign of Slowing

By Tim Ellis Real Estate News & Analysis Real Time Tracker | 5 Comments

Redfin’s Real-Time Demand Pulse shows the American housing market continuing to gain strength, even as we head into the slower fall and winter season for home sales. The number of Redfin clients touring homes and writing offers on homes in September 2012 bested September 2011 in every way. Read More

Redfin Real-Time Home Price Tracker: Home Prices Hit Two-Year High in August, Up 5% From 2011

By Tim Ellis Real Estate News & Analysis Real Time Tracker | 17 Comments

National home prices hit a two-year high in August, marking a 5% gain from August 2011 and holding steady month-over-month during a time of year that typically sees a seasonal decline in prices. Read More

August Offers Decline Only 4%, Solidifying Housing Gains into the Fall

By Tim Ellis Real Estate News & Analysis Real Time Tracker | 4 Comments

Here’s the latest Redfin Real-Time Demand Pulse: a monthly analysis of tour and offer activity from thousands of homebuyers across 20 U.S. markets, months in advance of completed sales, and the only report in the industry that analyzes offer and tour data. September 2012 Redfin Real-Time Demand Pulse (August data) Early signals from Redfin’s Real-Time… Read More

Homebuyer Enthusiasm Slips; Growing Sense that the Market Is Shifting Toward Sellers

By Tim Ellis Real Estate News & Analysis Real Time Tracker | 10 Comments

Now that we have data from three quarterly surveys, we see some clear trends emerging. Home buyers surveyed by Redfin… Read More

Home Sellers Sit Tight, Leaving Buyers to Fight for Scraps

By Tim Ellis Real Estate News & Analysis Real Time Tracker | 14 Comments

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

Redfin Real-Time Home Price Tracker: July Home Prices Up 3% From 2011; Low Inventory Continues to Stifle Sales