Tag Archives: Daryl Fairweather

More sellers are dropping their prices, but buyers see little relief

By Ben Verde | May 9, 2022 - 4:25 pm |May 9, 2022 Uncategorized

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Fifteen percent of homesellers dropped their asking price during the four-week period ending May 1, compared to 9 percent of sellers last year. Continue reading →

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

By Jim Dalrymple II | April 25, 2022 - 10:13 pm |April 25, 2022 Uncategorized

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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

By Daniel Houston | April 15, 2022 - 5:34 pm |April 15, 2022 Uncategorized

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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

By Ben Verde | April 8, 2022 - 1:23 pm |April 8, 2022 Uncategorized

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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

By Lillian Dickerson | December 23, 2021 - 3:33 pm |December 23, 2021 Uncategorized

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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

By Jim Dalrymple II | December 22, 2021 - 7:20 pm |December 22, 2021 Uncategorized

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

Home prices hit near record high as inventory bottoms out

By Andrea V. Brambila | December 16, 2021 - 12:33 am |December 16, 2021 Uncategorized

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Redfin chief economist Daryl Fairweather says homebuyers are finding themselves “priced out of homeownership.” Continue reading →

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

By Jim Dalrymple II | December 13, 2021 - 11:35 pm |December 13, 2021 Uncategorized

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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

By Lillian Dickerson | November 29, 2021 - 5:51 pm |November 29, 2021 Uncategorized

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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

By Jim Dalrymple II | November 5, 2021 - 9:00 am |November 5, 2021 Uncategorized

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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 →