Big news! Today, Redfin is launching a major expansion to our charter as a technology-powered real estate broker: Redfin Open Book, a local reviews site for lenders, inspectors and title companies. Later this spring, we’ll add the stagers, landscapers and handymen used by sellers to get their home on the market. Our goal is to ensure… Read More
Last month, the number of DC condos sold plummeted by 32.4% from December. The dip in sales is explained by the fact that many home buyers put their home search on hold for the holidays, but the number of condos for sale also dropped 4% last month. Tom Lewis, an agent on Redfin’s DC team,… Read More
Something strange is happening in Fairfax County. Check out the median list price of a single family home (SFH) in Fairfax County back in May ($649,500), the height of the real estate season. Now take a look at where prices were last month (also $649,500). Prices took a short dip this fall but have avoided… Read More
It’s time for our monthly check-in of the S&P/Case-Shiller Home Price Indices (HPI). The Case-Shiller data is generally considered to be the most reliable measure of overall home price changes for a region, since they only consider repeat sales of homes when calculating their index, instead of looking at all the homes that sold in… Read More