Spring market shows early signs of green shoots

Early data shows that existing-home sales were up in February and that relistings are experiencing a surge, signaling consumer confidence in the market. Continue reading

This St. Louis suburb is the nation’s most affordable, but with a caveat

Markets across the Midwest and South offer enviable affordability; however, lower housing prices can reflect deeper issues, such as economic disinvestment and discriminatory housing policies. Continue reading

Delistings and discounts jump as holiday season approaches

Early fall numbers are in, reflecting a proliferation of stale listings, delistings and deep discounts to get sellers to the closing table. Continue reading

Here’s why price cuts are sweeping the country

Reports released on Thursday by Redfin and Realtor.com show that homesellers are increasingly motivated to sell, especially in lower price ranges and on single-family homes. Continue reading

These are the states where homeowners will benefit most — and least — from new SALT cap

Redfin’s latest analysis reveals the states where homeowners will benefit most from the new state and local tax (SALT) cap, which Congress raised from $10,000 to $40,000. Continue reading

Why is Midwest real estate beating the rest of the country?

The Midwest is home to some of the hottest markets in the country, while other regions face a lackluster year. What gives? Continue reading

Sellers outnumber buyers by 36% — but that figure is starting to shrink

In the past two months, the total number of homesellers in the market has fallen from a peak of 1.96 million in May to 1.95 million in July, Redfin reported. As sellers realize that homebuyers have the upper hand now, some are opting out of the market … Continue reading

Summer sales have hit their slowest pace in 10 years

A growing number of homes sitting longer on the market has made buyers more relaxed about transacting, causing some to wait it out or even cancel contracts because they have more options. Continue reading

Federal layoffs are fueling an inventory surge in nation’s capital

Active listings in Washington, D.C., have surged 25.1 percent year over year, the largest jump on record and nearly double the national increase of 14.2 percent, new Redfin data released Wednesday shows. Continue reading

Condos are selling below list price as fees discourage buyers

According to a new Redfin report, an overwhelming 68.4 percent of condos sold below their asking price — the highest share in five years. That’s a jump from 63.3 percent last year, signaling a cooling condo market. Continue reading