Arizona family wins Redfin’s $1M home in digital scavenger hunt

An Arizona man, his wife and their 7-month-old daughter have become winners of Redfin’s Great American Home Search, a contest to locate and win a $1 million home, which Redfin launched on Super Bowl Sunday. Continue reading

Redfin spices up Super Bowl Sunday with $1M home hunt

The Super Bowl LX-adjacent game will prompt Redfin app users with six clues starting around 8 p.m. ET on Sunday to locate and win a $1 million home featured in a Rocket and Redfin commercial. Continue reading

$1M homes hit all-time high in US

A record 8.5 percent of all U.S. homes are worth $1 million or more, up from 7.6 percent last year and 4 percent before the pandemic, according to a new Redfin analysis. California is adding them faster than other states. Continue reading

Nearly 1 in 9 US homes command $1M as luxury prices soar in June

The share of U.S. homes valued at $1 million or more stopped shy of a record notched last summer as high mortgage rates and low inventory drove home prices upward in June, a Redfin analysis shows. Continue reading

There are 1.25 million fewer million-dollar homes in America in 2023

The share of $1 million homes in the U.S. dropped from a high of 8.6 percent in June 2022 to approximately 7 percent in January, due in part to higher mortgage rates that have cut into homebuyer purchasing power. Continue reading

San Francisco is mostly made up of $1M homes now

There are now only 15 neighborhoods left in the entire city where the median home value is below $1 million, according to a new analysis from property portal Trulia. Continue reading