Tag Archives: oakland

‘Great Reshuffling’ winds down as COVID hotspots and tech hubs cool

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Cities in the West that saw prices soar during the pandemic are now cooling while metros in the Northeast and Midwest are showing more resilience, according to a new analysis. Continue reading →

Luxury home sales plunge to 10-year low, surpassing COVID levels

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Luxury home sales in the U.S. dove by 28.1 percent year over year during the three months ending Aug. 31, 2022 — eclipsing the 23.2 percent drop in luxury sales at the height of the pandemic — Redfin data shows. Continue reading →

Stalemate: Listings are lingering a little longer as housing market cools

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The share of homes listed for 30 days or longer increased 12.5 percent in July compared to a year earlier, with 61.2 percent of homes now sitting on the market for a month or longer, according to Redfin. Continue reading →

Rent growth catching up to home price increases in major cities

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In 2021, East Coast rents made steady gains while West Coast rents remained stilted — until recently, a new report released Tuesday from Zumper reveals. Continue reading →

Annual apartment rent growth, occupancy hit new highs in July

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The new highs surpassed records set between 2000 and 2001. As of July, the average monthly apartment rent in the U.S. hit $1,549. Continue reading →

Percentage of all-cash home purchases in US soars to 30%

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That figure represents the largest share of homes purchased in all-cash since 2014, according to a Redfin report. Continue reading →

‘I’ve never seen anything like this’: 580 Seattle homes have sold for $300K above ask this year

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A new Redfin report found that homes in some of America’s largest metro areas sold for well above asking price in the first half of 2021, bucking an established trend. Continue reading →

The Inman Handbook on today’s intense inventory crisis

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There aren’t enough homes for everyone who wants them. That’s driving up prices and stretching agents thin. Continue reading →

Inventory insanity: What it’s like being a homebuyer when there are no homes to buy

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With inventory at record lows, homebuyers say losing one bidding war after another is like a “punch to the gut.” Continue reading →