Tag Archives: inventory

Number of homes for sale declines 15.7% in March

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The market started to show a slow down in the second half of March as the coronavirus outbreak settled in, according to data from realtor.com and Redfin. Continue reading →

Glenn Kelman: Seattle market is witnessing effects of coronavirus

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The Redfin CEO noted in blog posts that the market fluctuates day-to-day, but overall, he’s seen a drop in demand since the beginning of March. Continue reading →

Redfin launches video home tours amid coronavirus worries

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CEO Glenn Kelman published a blog post detailing what Redfin is doing to serve worried buyers and sellers in COVID-19 impacted areas. Continue reading →

For-sale housing shortage is driving up rental prices

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A lack of affordable for-sale housing is “placing pressure” on the rental market and driving up rent, according to Apartment Guide’s Rent Report 2020. Continue reading →

Redfin CEO: ‘Intense season of bidding wars’ on the horizon

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Glenn Kelman said Wednesday that supply shortages, once limited to places like San Francisco, have spread. And that means competition for homes will be intense this year Continue reading →

Whopping 3.9 million more homes needed to meet buyer demand

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From 2012 to 2019, builders constructed 5.9 million homes — far fewer than what’s needed for the 9.8 million households created during the same time period. Continue reading →

Virginia lawmaker latest to take aim at single-family zoning

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The bill, which would cover the entire state, doesn’t prohibit the construction of single-family homes, but would allow for more middle-housing such as cottages and duplexes. Continue reading →

6 economists predict what the 2020 housing market has in store

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2020’s housing market will be strikingly similar to 2019 as low mortgage rates bolster buyer demand amidst a persistent inventory shortage. Continue reading →

November inventory nosedives as demand outpaces supply

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Inventory levels declined 9.5 percent year-over-year in November as low mortgage rates push more buyers to the market. Continue reading →

10 things agents can be grateful for in 2019

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It’s been a long, strange year, but that doesn’t mean we don’t have ample reasons to give thanks. Here are a few thing all agents can be thankful for this Thanksgiving. Continue reading →