Homes listed in late April sell faster and above asking, Redfin finds

Homes listed during the final weeks of April are 18 percent more likely to sell above their original asking price than the yearly average — the highest likelihood of any week in the year — according to a Redfin and Home Economics analysis. Continue reading

Redfin says private listings, coming soons could boost inventory

According to a new report by Redfin’s economists, markets that allow for pre-marketing strategies could see a 6 percent to 12 percent bump in listings each year. Continue reading

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