Tagged: Redfin

Out-of-towners typically come with bigger budgets, pricing out locals who become stuck renting.

Locals in Phoenix, Dallas, and Orlando are being priced out of these areas as home prices jump nearly 30%.

Redfin’s forecast expects price growth to slow to an annual rate of 7% by the end of 2022.

Redfin surveys find 77% of homebuyers believe there's a housing price bubble, but Redfin economist says it's only a 'ripple.'

Overall, rents are up more than 30% in many major metropolitan areas.

Lack of inventory cited as December 2021 home sales fall 3.6% from November and 11% from last year.

Company says January is shaping up to be the most competitive month in housing history.

Homebuyer demand is following the typical season patterns, starting slow as the year winds down.

Throughout the month of November, active listings fell 23% from 2020 and 42% from 2019.

The unseasonable surge in home prices appears to be drawing in more sellers.