Just 15 percent of offers written by Redfin agents on behalf of their home-buying customers in April faced a bidding war, down from 60 percent in April 2018, according to a new report from Redfin (www.redfin.com), the tech-powered real estate brokerage. “Right now could be as good as it gets for buyers who want to…
The housing market started off 2019 with buyers in a much better position than they were a year earlier, according to a report from Redfin, (www.redfin.com), the next-generation real estate brokerage. U.S. home-sale prices increased 2.9 percent in January compared to a year ago, to a median of $285,900 across the metros Redfin tracks. Albeit…
Expensive coastal hubs remain the most coveted places to live, but neighborhoods in Baltimore and Philadelphia are gaining popularity as the most desired affordable neighborhoods in 2019, according to new reports from Redfin (www.redfin.com), the next-generation real estate brokerage. Redfin’s Hottest Affordable Neighborhoods report is an adaptation of the annual Hottest Neighborhoods report, which tracks…
Redfin, (www.redfin.com), today released its seven predictions for the housing market in 2019. “We predict that the housing market will continue to cool into the first half of 2019,” said Redfin chief economist Daryl Fairweather, who authored today’s report. “Inventory will rise back up to 2017 levels, and price growth, while likely still positive, will…