Redfin: Value of Homes on the Market Hits Record

Redfin, Seattle, released a new report finding that there are $698 billion in homes currently on the market–the highest dollar amount ever recorded.  

Home Delistings Hit Record High in November as Buyers, Sellers Retreat

The shifting housing market appears to have caught a lot of home sellers by surprise: A record 2% of U.S. homes for sale were delisted each week on average during the 12 weeks ending Nov. 20, compared to 1.6% one year earlier, according to Redfin, Seattle.