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Late-Summer Housing Market is Unseasonably Hot, Prices Up 10% and Pending Sales Up 13%

46% of homes had an accepted offer within the first two weeks on the market, the highest level since at least 2012 SEATTLE, Aug....

Industry NewsNews ReleasesResidential

Redfin Survey: 25% of Homebuyers Are Moving—Or Moving Sooner Than Planned—Because of the Pandemic

1 in 5 Buyers Are Looking for a Designated Space to Work from Home SEATTLE, Aug. 5, 2020 — (NASDAQ: RDFN) — Three-quarters of...

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News Releases

Redfin: Pending Home Sales Approach 2019 Levels, Powered by Record-Low Mortgage Rates

Strong demand and tight supply fuel competition with a record-high 47% of listings finding a buyer in under two weeks SEATTLE, June 30,...

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News Releases

1 in 3 Home Tour Requests Are Now for Video Tours

More Homebuyers Now Making Offers on Homes They Toured Virtually  SEATTLE, April 9, 2020 — (NASDAQ: RDFN) — One-third of home-tour requests made...

Industry NewsNews ReleasesResidential

Video Home Tour Requests Soar Nearly 500% in One Week

As a Leading Technology-Powered Brokerage, Redfin Uses Virtual Tools and Local Agents to Allow Customers Nationwide to Safely Move Forward with Home Hunting...

News Releases

Redfin Launches ‘Redfin Premier’ Service for Luxury Properties

SEATTLE, Feb. 20, 2020 — (NASDAQ: RDFN) — Redfin, the technology-powered real estate brokerage, has launched a new offering for homes listed at $1 million...

Redfin, Woodinville, Rocklin
News Releases

Redfin Ranks the Hottest Neighborhoods to Watch in 2020

SEATTLE, Jan. 28, 2020 /– (NASDAQ: RDFN) — The southeast states of Virginia, Florida, North Carolina and Tennessee are home to half of...

Redfin
News Releases

Redfin Survey: Millennials Still Want Single-Family Homes, Even if it Means a Long Commute

SEATTLE, Nov. 21, 2019 — (NASDAQ: RDFN) — More than 90% of millennial homebuyers would choose a single-family home over an equal-priced unit in a...

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News Releases

Redfin Report: U.S. Home Prices up 5.4% in October

SEATTLE, Nov. 19, 2019– (NASDAQ: RDFN) — U.S. home-sale prices increased 5.4% year over year in October to a median of $313,200, according to...

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News Releases

Redfin Report: The Typical African American Family Could Afford Just 25% of Homes for Sale Last Year, Down from 39% in 2012

SEATTLE, Oct. 15, 2019 — (NASDAQ: RDFN) — Less than 1 percent of homes for sale in San Francisco in 2018 were affordable to...

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News Releases

Redfin Report: New-Home Supply Down 1% in the Second Quarter, the Biggest Decline in 6 Years

SEATTLE, Aug. 13, 2019 — (NASDAQ: RDFN) — Sale prices for newly built homes dropped 0.5 percent year over year to a median...

Redfin, San Francisco, San Diego, Boston, San Jose, Seattle, Los Angeles, Philadelphia, Denver, Miami, Houston, New York , Dallas, Las Vegas
News Releases

Redfin Report: 11% of Redfin Home-Purchase Offers Faced Competition in July, the Lowest Rate Since at Least 2011

San Francisco, San Diego and Boston were the most competitive markets in July, though homebuyers are less than half as likely to face...

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