U.S. home inventory hit a record $698 billion in April, a 20.3 percent increase from the previous year. However, sales aren’t keeping pace, a new…
Posts published in “homebuying demand”
Median home-sale price reaches all-time high of $335,613
By The Citizen on April 2, 2021
Although the market is currently red-hot, Redfin’s latest report released on Friday revealed that homebuyers may give up as home prices continue to grow. Source:…
Redfin: The coronavirus has a bigger impact on sales than the election
By The Citizen on October 6, 2020
According to Redfin’s latest survey, only 22 percent of buyers and sellers are adjusting their real estate plans due to the presidential election. Source: Inman…
Ramped-up mortgage purchases signal high homebuying demand
By The Citizen on September 2, 2020
Mortgage purchase applications were up 28 percent year over year, according to data released Wednesday by the Mortgage Bankers Association. Source: Inman News
Redfin is welcoming back 35% of furloughed staff
By The Citizen on May 22, 2020
As homebuying demand returns in some parts of the country, Redfin is calling back approximately 350 furloughed employees, including agents. Source: Inman News