Half of Redfin offers faced competition, up from 44% in April. In May, 49.4% of Redfin offers faced competition, up from 43.9% during the prior month. While sellers are jumping back into the market as states across the country reopen, there remains a shortage in houses for sale, which is fueling ...

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 market as COVID-19 continues to ...

Even in places where COVID-19 continues to worsen, supply and demand are showing signs of recovery. But markets that placed restrictions on real estate are lagging behind. To better understand how the coronavirus pandemic is impacting local housing markets across the country, we identified four of ...

In our weekly market update, Redfin reported home-buying demand continued to recover last week, as states began making plans to begin to reopen businesses. Here are five additional charts that illustrate the latest developments in the housing market as the world continues to grapple with the ...

Home prices are holding up and demand is strengthening, but new listings continue to drop as the coronavirus outbreak takes a toll on the economy, according to the latest market data. Plus, condos are getting hit the hardest. Prices Are Showing Resilience We reported last week that asking-price ...

Record-setting declines include a more than 10% decrease in new listings from a year earlier and a 9% drop in total number of home sales in a single month. This is possibly the most unusual Market Tracker report that Redfin has ever published. At the beginning of March, the housing market was ...

As Americans grow accustomed to a new reality under quarantine, fewer people are delisting their homes, properties are sitting on the market for longer and growth in home prices has officially hit zero, according to research from Redfin. Here are five charts that illustrate the latest developments ...

Two-thirds of homeowners in Indianapolis could cover most or all of their monthly mortgage payment with a stimulus check, compared with just 8% in San Francisco. The White House recently signed into law a $ 2 trillion economic relief package to aid businesses and individuals impacted by the ...

As the coronavirus continues to impact the U.S. economy and way of life, homes are spending less time on the market and touring activity is slowing, yet so far, sellers aren’t slashing prices, according to recent research from Redfin. Here are six charts that illustrate the latest developments in ...

Some Americans are pulling their homes off the market, while others are waiting longer to list or are lowering their expectations for what their houses can sell for. Meanwhile, video-chat tours are soaring in popularity. The impacts of the coronavirus pandemic are rippling through to nearly every ...