Reports from ATTOM Data Solutions, Redfin, Zillow, RE/MAX and Ellie Mae.
Tag: Daryl Fairweather
Redfin: Bidding Wars at 10-Year Low in November
Redfin, Seattle said 10 percent of offers written by Redfin agents on behalf of their homebuying customers saw a bidding war in November, down from 29% a year earlier and hovering at the 10-year low for the fifth consecutive month.
November Housing Report: Most Expensive Zip Codes; Opportunity Zone Price Bump; Millennial Commutes Increase
At $7 million, Atherton, Calif.’s 94027 is the most expensive zip code for the third year in a row, according to an annual report from PropertyShark, New York.
Home Reports: Prices Up, Inventories Down
Home sales, which lagged during the first part of 2019, continued their recent rebound with another strong month in October, said RE/MAX, Denver.
Redfin 3Q New Home Sales Up 5.6%
fin, Seattle, said a drop in new home sales prices sparked an uptick in new home sales in the third quarter, the second consecutive quarterly increase.
Luxury Housing Market Stabilizes in 3Q After Weak First Half
Redfin, Seattle, said average sale prices for luxury homes nationwide rose by 0.3 percent year over year to $1.6 million in the third quarter, marking the first time luxury prices did not drop after three straight quarters of declines.
Redfin: 3Q Migration Trends Reach Record High
A record-high 26 percent of home searchers looked to move to another metro area in the third quarter, up from 25 percent the year before, said Redfin, Seattle.
Redfin: Bidding Wars Edge Up in September, Bucking Seasonal Trend
Redfin, Seattle, said just 11 percent of offers written by its agents on behalf of their home buying customers faced a bidding war in September, down from 41 percent a year earlier, but up slightly from the eight-year low of 10 percent in August.