Tag Archives: Redfin

Redfin Mortgage, LLC, is now offering loans to homebuyers in Washington, D.C., announced Redfin Corporation, the next-generation real estate brokerage.

According to a recent report, housing demand dwindled in October, not due to a lack of interest in the market, but a short supply of properties for customers to put offers on.

Music City is just one of several active metros seeing an increase in migration as residential construction surges.

To help homebuyers remain strong in a competitive market, Redfin’s underwritten pre-approvals are expanding outside of Texas.

Most hardworking Americans already know about the gender pay gap. But recent data reveals there is a certain type of company that could be giving working women fairer ...

Over the last two years, a few different trends have emerged concerning where and when people are buying homes, according to a recent report, and they aren't what you think. Read ahead to see how millennial are continuing to shape the housing market.

housing prices are on the rise this summer selling season even though inventory is at an extreme low, according to a recent report. May held many records for the report including the rise in home prices. When over 1,000 buyers were asked what a 5 percent rate hike would do to their home buying plans, despite the recent rate hike, buyers overall feel their search won’t be affected.

A new study by Redfin shows that affordability for middle-class homebuyers has dropped noticeably in the past four years. African-American and Hispanic household earning median salaries are being hit especially hard. Last year, minority buyers could afford fewer than five percent of homes for sale in several markets.

According to the Redfin Housing Demand Index, the amount of customers requesting home tours and writing offers is on an incline. This large demand has lead to housing price increases and shortages in inventory, which has caused experts to wonder if the result will be a cooling of the market. Of the 15 markets Redfin covers, Seattle is currently on track to be the metro with the least inventory.

While April continues a 19-month trend of decline in the number of houses on the national market, down 13.3 percent, market demand continues to surge, causing rising prices and decreased median time from listing to going under contract. Many houses across the country are selling above their asking price. This trend could continue through May and June as more houses appear on the market.