Inventory Shortage Crimps Growth in Tours; Offers Unfazed
May 2013 Redfin Real-Time Demand Pulse (April data) The number of Redfin customers touring homes and making offers both continued to post stronger monthly gains in April this year compared to last year, pointing toward additional gains in May and June sales. With so few homes available to buy, touring strength was softened somewhat. Monthly… Read More
Offers Climb Throughout March as Homebuyers Attempt to Beat Spring Rush
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
Buyers Undeterred by Inventory Shortage; Home Tours and Offers Continue to Rise
After an extremely strong January, tours and offers continued climbing in February, despite a continued decline in new listings and increasing frustration among buyers. Read More
Home Offers and Tours Surge in the New Year
The Redfin Real-Time Demand Pulse: a monthly analysis of tour and offer activity from thousands of home buyers across 20 U.S. markets, months in advance of completed sales, and the only report in the industry that analyzes offer and tour data. February 2013 Redfin Real-Time Demand Pulse (January data) While December may have ended with… Read More
Home Offers and Tours Come in Weak at the Close of 2012
The 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. January 2013 Redfin Real-Time Demand Pulse (December data) The Redfin Real-Time Demand Pulse shows mixed… Read More
Offers and Tours Continue to Slow as Year Winds to a Close
The 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. December 2012 Redfin Real-Time Demand Pulse (November data) As you may have noticed, we’ve been… Read More
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
September Tours Increase 3%, Offers Up 4%, Sales Show No Sign of Slowing
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
August Offers Decline Only 4%, Solidifying Housing Gains into the Fall
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
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