Bidding wars dip for first time in 2022 — but competition still fierce

Agents still face tough conditions despite homebuyer competition, according to a new report from Redfin. Competition is slightly less tough. Continue reading

Despite March’s home sale slump, prices grow at fastest clip since 2013

Nearly 4 percent fewer homes sold in March than did the month before, after accounting for seasonal factors. Prices rose by 6 percent, the largest monthly price increase since 2013. Continue reading

Affordability, debt biggest obstacles to homeownership, renters lament

Thirty-two percent of renters surveyed in a poll conducted by Redfin say they rent because they can’t afford to buy a home, while 45 percent said debt was the main factor keeping them from homeownership. Continue reading

US home sales prices hit another all-time high, leaving buyers in the dust

A new report released Wednesday by Redfin painted a bleak picture for homebuyers already fatigued by a tough market. Continue reading

Home values jumped 31.4% in 2021, adding $9.1T in value

A new report also shows that rural homes, condos and the Sun Belt all fared particularly well during the last year. Continue reading

2021 broke records for days on market, median price and more

A new report from Redfin describes 2021 as “remarkable” and identifies numerous records that fell over the past 12 months. Continue reading

6 stories readers might have missed while eating Thanksgiving leftovers

Whether you were stuffing your face with pumpkin pie or breaking up a brawl between brothers who aren’t on speaking terms, here are the top stories you might have missed this weekend. Continue reading

Encryption, inequality and ‘Zero DOM’: 6 pocket listing takeaways

Inman took a deep dive into pocket listings, which continue to polarize the real estate industry long after many thought the practice would disappear. Continue reading

Despite risk, California fire zones still see rising home prices

A new study by Redfin found that in the areas impacted by California’s five largest wildfires between 2010 and 2020, home values grew at a rate of 21 percent, slightly slower than the surrounding markets. Continue reading