Homebuyers’ frustration with low inventory continues to increase, there is also increased understanding of the seller’s market and a willingness to pay more. Read More
With inventory at record lows across the country and home prices on the rise in almost every market, buyer frustration shot through the roof this quarter. Read More
For the latest Redfin Real-Time Home-Buyer Tracker, we surveyed more than 1,000 active home-buyers who have recently toured homes with Redfin. The strongest messages they shared with us were a continued frustration with low inventory and a growing certainty that home prices in their areas are now on the rise. Read More
The National Association of Realtors is working in deadly earnest to kill the cap on mortgage interest deductions, though it is widely favored by economists of all stripes. We asked 1,084 active home-buyers how the uncertainty over the deduction was affecting their decision-making process… Read More
Now that we have data from three quarterly surveys, we see some clear trends emerging. Home buyers surveyed by Redfin… Read More
Today, we’re launching the survey results as a regular report, The Redfin Real-Time Home-Buyer Tracker, updated with data for the second quarter of 2012. What we found this quarter mostly is evidence of a strengthening market. Read More
Of the people planning to buy within the next 12 months, more than half are either already under contract on a purchase or planning to be under contract within three months.