It’s Not Enough

As protests sweep major U.S. cities, businesses large and small are posting on social media our opposition to racism and violence. It’s important for Black folks within a company and across society to see America unite in opposition to racism…. Continue Reading →

6 Hottest Austin Neighborhoods to Watch This Homebuying Season

Austin, Texas continues to grow in popularity and for good reason. Downtown Austin has so much to offer, with a big music scene, great restaurants with unique culture, awesome parks for biking and walking, and a collaborative tech environment. If… Continue Reading →

15 Backyard Oasis Ideas For Your Home This Summer

Ahhhh, summer… you’ve made it through the long, dark winter months, and now is the perfect time to spend time outdoors, relaxing, and enjoying the beautiful weather. However, you may find yourself staying at home – and probably in your… Continue Reading →

Miami Real Estate: What it’s like Buying a Home During COVID-19

In the wake of the Coronavirus pandemic, the US housing market has experienced increased volatility, and the real estate industry has responded quickly to the abrupt changes by adjusting processes to fit the “new normal” for the time being. Nationwide,… Continue Reading →

As Remote Work Continues, Bay Area Homebuyers Hone In on Oakland and Other Suburbs

San Francisco homebuyers are now considering farther-flung suburbs in the Bay Area, where they can get more space for less money, as remote work becomes the norm in the age of coronavirus. The housing market in Oakland and suburban parts… Continue Reading →

The Housing Market’s Road to Recovery in Four Charts

We reported today that Redfin’s home-buying demand is nearly 17% higher than it was before the coronavirus pandemic, as states ease stay-at-home restrictions and businesses begin to reopen. Below are four charts that highlight other recent developments in the housing… Continue Reading →

Home-buying Demand Surges on Record-Low Mortgage Rates; Up 17% From Pre-Coronavirus Levels

Just the Facts: Four Key Housing Market Takeaways for This Week Home-buying demand is now 16.5% above pre-coronavirus levels on a seasonally-adjusted basis, driven by record-low mortgage rates Inventory of homes for sale can’t keep pace with demand. Jerry Diaz,… Continue Reading →

Newly Built Homes Make Up Largest Share of Market Since at Least 2012

1 of every 5 homes for sale in April was new construction. The number of newly built homes on the market fell just 10.5% year over year in April, the smallest decline in 2020 to date, while the supply of… Continue Reading →

41% of Redfin Offers Faced Bidding Wars in Late April, Early May Amid Coronavirus Pandemic

The lack of housing supply is partly responsible for surprisingly high competition rates. Nationwide, 41.1% of Redfin offers faced competition in the four weeks ending on May 10. In a handful of metros, the bidding war rate was above 60%. … Continue Reading →

11 Budget-Friendly Curb Appeal Ideas

We all want visitors and families to feel welcome when they visit our homes. You also want your home’s exterior looking its best when you are getting ready to sell. Whether you are planning on staying in your home for… Continue Reading →

Homebuyer Demand Outpaced Supply Mid-Pandemic, Leading to Lower Sales and Preventing Price Declines

Supply of homes for sale was down 24% from a year ago in April and new listings fell by 42%, but home prices were still up 5% The effects of the coronavirus pandemic and subsequent shutdowns hit the housing market… Continue Reading →

What You Need to Know About Cleveland Real Estate During COVID-19

The US housing market has gone through many changes during this COVID-19 pandemic. Homebuyers all over the country are wondering how Coronavirus may impact the homebuying process in their local market. As we enter the homebuying and selling season we… Continue Reading →

House Hunters’ Hunger for Small Towns Continues to Soar—Even as Interest in Big Cities Begins to Recover

Pageviews of houses in small towns are surging amid the coronavirus pandemic, while big cities are staging a more modest comeback. A remote home in the woods in a tiny Illinois village 67 miles southwest of Chicago was one of… Continue Reading →

Charting the Coronavirus Pandemic’s Latest Impact on the Housing Market

As states start to relax stay-at-home restrictions amid the coronavirus pandemic, more Americans are putting their homes up for sale—and setting higher expectations for what their houses are worth. But supply has yet to catch up to homebuying demand, which… Continue Reading →

15 Factors That Influence Your Home’s Resale Value

Whether you’re looking to purchase or sell a home, not all properties are created equal, and not all retain good resale value. Meaning when the time comes to sell your home, you may receive fewer offers, offers under your asking… Continue Reading →

Post-Pandemic Migration from Expensive Cities Likely As 1 in 4 Newly Remote Employees Expect Work-From-Home to Continue

Survey shows more than 50% of people in New York, Seattle, San Francisco and Boston would move if work-from-home became permanent. The sudden shift to remote work, brought on by the coronavirus shutdowns will accelerate a major migration away from… Continue Reading →

Home Office Ideas: 6 Unique Spaces You Can Transform into a Home Office

Working from home has become the new norm, and will likely become more commonplace in the near future. This has made having a home office more necessary and desired than ever before. If your home doesn’t have a designated room… Continue Reading →

Diary of a Pandemic, Part 2: Sell, Sell, Sell

This is the second part of an account I wrote as Redfin’s CEO about what it has been like to run a publicly traded company hit hard by the pandemic. This part discusses how, as the crisis deepened, we scrambled… Continue Reading →

Diary of a Pandemic, Part 3: The Furlough (And the Un-Furlough)

This is the third and final part of an account I wrote as Redfin’s CEO about what it has been like to run a publicly traded company hit hard by the pandemic. This part is about how a furlough and… Continue Reading →

Home-Buying Demand Passes Pre-Coronavirus Levels; Inventory Down 24%

Just the Facts: Four Key Housing Market Takeaways for This Week Home-buying demand has come roaring back, now 5.5% higher than it was pre-pandemic New listings have increased every week for the past four weeks, but can’t keep up with… Continue Reading →

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