Redfin, Seattle, dug into the ongoing housing inventory crunch, finding there are 39% fewer homes for sale now compared with June 2018.
Tag: Redfin

Redfin Reports Housing Inventory Slump: 39% Fewer Homes for Sale Than Pre-Pandemic
Redfin, Seattle, dug into the ongoing housing inventory crunch, finding there are 39% fewer homes for sale now compared with June 2018.

One-Third of Homebuyers Used Cash in April, Redfin Finds
Redfin, Seattle, reported 33.4% of home purchases in April were all-cash, the highest share in nine years and up from 30.7% in April 2022.

One-Third of Homebuyers Used Cash in April, Redfin Finds
Redfin, Seattle, reported 33.4% of home purchases in April were all-cash, the highest share in nine years and up from 30.7% in April 2022.

Investor Home Purchases Down Record 49% Year-Over-Year, Redfin Finds
Redfin, Seattle, reported real estate investors purchased nearly 49% fewer homes year-over-year in the first quarter, the largest annual decline on record.

Redfin: For Housing Price Growth Trends, Look Local
Redfin, Seattle, said home price growth trends in spring 2022 hit the highest metro-to-metro variation since the Great Recession.

Redfin: For Housing Price Growth Trends, Look Local
Redfin, Seattle, said home price growth trends in spring 2022 hit the highest metro-to-metro variation since the Great Recession.

Redfin: Fewer Listings, Faster Home Sales
Redfin, Seattle, said fewer homes are selling than usual this spring—but the ones that are changing hands are going fast, with a small pool of buyers circling an even smaller pool of listings.

Industry Briefs May 16, 2023: FHFA Requests Input on GSEs’ Single-Family Pricing Framework
LenderLogix, Buffalo, N.Y., announced its streamlined point-of-sale LiteSpeed now offers a Spanish version of the residential loan application to support communication with Spanish-speaking borrowers in their native language.

Redfin: Homes Sell Quickly as ‘Historic’ Drop in Listings Fuels Competition Among Buyers
Redfin, Seattle, said elevated mortgage rates continue to prompt many homeowners to stay put, resulting in bidding wars as buyers compete for a small pool of homes.