Articles on this Page
- 09/02/08--16:51: _Invitation to a Beh...
- 04/14/10--01:17: _The Sensitive Orifice
- 04/18/10--05:06: _The Self-Erasing CE...
- 08/30/10--06:59: _Merchant Sensibility
- 09/23/10--09:25: _CarMax Founder Aust...
- 09/25/18--05:00: _Redfin Housing Dema...
- 09/25/18--09:41: _Introducing the Red...
- 09/28/18--11:07: _The Share of Homes ...
- 10/05/18--08:25: _For-Sale Home Suppl...
- 10/05/18--13:51: _Hot or Not? Redfin ...
- 10/08/18--15:03: _These are the 10 Be...
- 10/09/18--08:45: _What I learned from...
- 10/11/18--10:02: _Spring’s Fastest Ma...
- 10/15/18--04:00: _20% of Recent Homeb...
- 10/17/18--14:27: _Pay Off Your Mortga...
- 10/19/18--07:22: _Housing Inventory C...
- 10/19/18--10:10: _Mortgage and Crypto...
- 10/22/18--12:00: _A Typical Boston Ho...
- 10/24/18--04:45: _2018 Migration Tren...
- 10/30/18--05:00: _Redfin Housing Dema...
- 09/02/08--16:51: Invitation to a Beheading
- 04/14/10--01:17: The Sensitive Orifice
- 08/30/10--06:59: Merchant Sensibility
- 09/23/10--09:25: CarMax Founder Austin Ligon Joins Redfin Board
- 09/25/18--09:41: Introducing the Redfin Owner Estimate!
- 10/05/18--08:25: For-Sale Home Supply Surges In Hot West Coast Markets
- 10/08/18--15:03: These are the 10 Best Cities for Pumpkin Spice Lattes
- 10/09/18--08:45: What I learned from 100 homeowners facing foreclosure in 2009
- 10/11/18--10:02: Spring’s Fastest Markets are Slowing Down this Fall
- 10/17/18--14:27: Pay Off Your Mortgage Early: Easy Tricks Anyone Can Use
- 10/19/18--10:10: Mortgage and Cryptocurrency: Can Bitcoin Pay for Your Home?
Some blog posts give us a glimpse of our own obituary. When a Seattle journalist last week speculated on what went wrong at a startup, an anonymous mob formed to attack the CEO, comment by comment. It was hard not to feel like you were watching your own beheading. No one objected. And almost everyone in... Read More
Redfin published an essay in TechCrunch today, “To Steve or Not to Steve,” about entrepreneurs who impose their personalities on a startup. Redfin’s Matt Goyer read it first, to make sure it wouldn’t offend anyone. Matt’s an insightful soul, so I knew he would also appreciate the nuances of my argument. When he was done,... Read More
As part of our brown-bag lunch program on management best practices, the legendary Brian McAndrews visited Redfin Friday. Brian took aQuantive through the highs and lows, leading the company out of the dot-com bust and building it into the juggernaut that sold to Microsoft in 2007 for $6 billion. His talk on how to manage... Read More
The more complicated a business gets, the more of a math problem it becomes. Running a lemonade stand, you don’t need to analyze gross margins or survey customers because you squeeze the lemonade yourself, and hand it to every customer. But once you have employees and customers you’ve barely met, numbers become more important. For... Read More
What a coup for Redfin! The founder and former CEO of CarMax, Austin Ligon, joined Redfin’s board of directors this week, and also made a small investment in the company. The note we sent out Monday night to everyone here at Redfin captures some of our excitement at Austin’s arrival: The big news this week is... Read More
The Demand Index posted its largest year-over-year decline since March 2016 The Redfin Housing Demand Index has remained roughly unchanged for the past four months, inching up 0.3 percent from July to 125.2 in August, as an increase in price drops and softening demand in previously hot markets point to an environment enabling homebuyers to […]
The post Redfin Housing Demand Index Unchanged For Fourth Consecutive Month in August appeared first on Redfin Real-Time.
New Feature Combines Machine Learning with Homeowner Input for a Smarter Home Value Estimate
In Seattle, the Share of Homes Selling Above List Fell to 30% this Month from 50% a Year Ago In the four weeks ending on September 23, 22.9 percent of homes sold for more than their asking price, across the metros Redfin tracks. More than one-in-five sounds like a lot, but it represents a 2.6 […]
The post The Share of Homes Selling Above List Price Just Dropped Below 2016 Levels appeared first on Redfin Real-Time.
But not because more people are listing their homes; the number of homes for sale is building up as fewer homes sell year over year.
The post For-Sale Home Supply Surges In Hot West Coast Markets appeared first on Redfin Real-Time.
We’ve ranked the top three hottest neighborhoods in each major metro area so you can see what places in your city are likely to be the most popular among buyers for the remainder of 2018.
The post Hot or Not? Redfin Tests the Temperature of January’s Hottest Neighborhood Predictions appeared first on Redfin Real-Time.
Chicago, Seattle, and New York offer the top choices for your PSL this fall season.
The post These are the 10 Best Cities for Pumpkin Spice Lattes appeared first on Redfin Real-Time.
And, how my background in behavioral economics will inform my perspective as Redfin’s chief economist
The post What I learned from 100 homeowners facing foreclosure in 2009 appeared first on Redfin Real-Time.
Seattle, San Jose and Denver—among the nation’s fastest housing markets—are seeing a dramatic slowdown, with as little as one in three homes going under contract within 14 days, down from two in three earlier this year. As the housing market heated up this spring there were fourteen metro areas around the country (see chart below) […]
The post Spring’s Fastest Markets are Slowing Down this Fall appeared first on Redfin Real-Time.
Redfin Survey Suggests that Buyers Are Under Less Pressure to Make Hasty Bids as Competition Eases One in five recent homebuyers said they made an offer sight-unseen, according to a Redfin-commissioned survey in May of 1,463 people across 14 major markets who had bought a home in the last year. That’s down from 35 percent […]
The post 20% of Recent Homebuyers Made an Offer Sight-Unseen, Down from 35% Late Last Year appeared first on Redfin Real-Time.
There are two ways to own your home. Either you can pay cash upfront or you can pay little by little, year after year. For most us, monthly mortgage payments are the most feasible option. While we continue to chip away paying off our homes, some of us may wonder how we can speed up […]
The post Pay Off Your Mortgage Early: Easy Tricks Anyone Can Use appeared first on Redfin Real-Time.
September Home Sales Slump, Prices Post Smallest Increase Since the Market Bottomed in 2012
The post Housing Inventory Crunch Finally Subsides as Supply Posts First Annual Gain in Nearly Three Years appeared first on Redfin Real-Time.
Thinking of selling your cryptocurrency and applying for a mortgage? Click here for the full report.
The post Mortgage and Cryptocurrency: Can Bitcoin Pay for Your Home? appeared first on Redfin Real-Time.
Similar increases are common in many other markets, leading buyers to ask: “Should I wait and see if prices fall or buy before mortgage rates go up even more?” If you’re currently searching for a home to buy, or thinking about buying sometime soon, mortgage interest rates are probably on your mind. The rate hikes […]
The post A Typical Boston Homebuyer’s Monthly Housing Costs Jumped $225 Thanks to Mortgage Rate Hikes appeared first on Redfin Real-Time.
As mortgage rates climb, affordability in the most expensive markets has suffered, driving more people to affordable, low-tax inland job centers in states like Florida, Texas and Tennessee. In the third quarter of 2018 people continued to move away from high-cost coastal markets like San Francisco, New York, Los Angeles and Washington, D.C., in increasing […]
The post 2018 Migration Trends accelerate as more people look to leave Denver, San Francisco, and Los Angeles appeared first on Redfin Real-Time.
Still, Housing Demand Remains Double Digits Below Last Year’s Levels Most of Monthly Increase in Homebuyer Activity is Seen in the Touring Stage, with Offer Growth Lagging The Redfin Housing Demand Index increased 5.1 percent from August to 131 in September, after remaining essentially flat around 124 since May. The month-over-month increase in demand was […]
The post Redfin Housing Demand Index Posts Strong Gain from August to September appeared first on Redfin Real-Time.