Tag: RF
Remote work is accelerating the trend of migration away from expensive places like New York and San Francisco toward relatively affordable inland areas, where out-of-towners are winning bidding wars and driving up home prices. Nationwide, 28.7% of Redfin.com users looked to move to another metro area in July and August,... Read More
Relatively inexpensive areas outside major cities—like El Dorado County, just east of Sacramento, and Camden County, across the river from Philadelphia—are gaining ground with homebuyers as New York City and San Francisco lose steam. Housing markets that offer homebuyers more bang for their buck and are... Read More
Imagine a house where every electronic component and device is powered by the sun. Where every raindrop that hits your roof is used to water the yard, even on dry days. Where your trash is turned into fertilizer, which in turn is used to grow produce for your... Read More
New listings of homes for sale were 6% above 2019 levels Key housing market takeaways for 434 U.S. metro areas during the 4-week period ending September 13: Median home sale price increased 13% from 2019 to $319,261—the highest on record. The 13% year-over-year increase was the largest since October 2013. Read More
Homes are selling the fastest in swing counties, a reflection of rising interest in the suburbs as the pandemic drives homebuyers to prioritize space. The median home price in blue counties nationwide rose 13.1% from a year earlier to $346,000 during the four weeks ending September... Read More
So, you’ve finally found the perfect home and you’ve submitted your offer. In an ideal situation, the seller would accept it, you’d close, and the home would be yours. However, it’s not always that easy. In fact, it’s likely the seller will submit a counter offer.This is when... Read More
The housing market in August resembled a game of musical chairs, as high home prices and low mortgage rates began to draw more sellers to the market: New listings climbed 5%, fueling a 30% increase in pending sales. The national median home price rose 11% year over year to... Read More
Are you finding yourself longing for small-town life lately? Are you looking to have more space, know your neighbors, and to just have a more relaxed way of living? Well, you’re not alone. In the wake of the coronavirus pandemic, homebuyer interest in small towns... Read More
People moving in from expensive cities and locals with changing needs are contributing to rising home prices and fast sales even as the tourism industry takes the brunt of the pandemic’s economic impact. The typical home-sale price in the Las Vegas metro grew 7.8% year... Read More
Selling a home has many moving parts, and whether you’re a first-time home seller or seasoned seller, the process can be daunting. In a perfect world, the home selling process would be stress-free, where you can list your house, find a qualified buyer, and collect payment. Unfortunately, selling... Read More
RedfinNow buys homes directly, giving homeowners liquidity, certainty and safety Homeowners in the Palm Springs area can now get a cash offer for their home from RedfinNow. By selling to RedfinNow, homeowners get the certainty of an all-cash offer direct from Redfin, the flexibility to pick their... Read More
Black homebuyers, who are less likely than their white counterparts to have jobs that can be done remotely, face higher home prices as white homebuyers move to more affordable suburbs Home prices in neighborhoods where Black people bought homes in 2019 were up 7% in July. Read More