Housing Wire
OCTOBER 13, 2020
In the largest increase since 2013, luxury home sales rose 41.5% The growing supply of luxury homes for sale means that wealthy buyers have more options to choose from and a better chance of finding a home that checks all of their boxes. in the third quarter, according to a new report from Redfin.
Appraisal Buzz
MARCH 17, 2025
The paper also looks at home buyer demographics, reasons for buying, types of properties purchased, and financial profiles, with a particular focus on racial differences, utilizing data from NARs 2024 Profile of Home Buyers and Sellers. in 2013), with over 11.8 million homeowners) of any racial group since 2013.
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Housing Wire
JULY 17, 2024
Residential Real Estate Report that the number of existing homes purchased by international buyers had fallen 36% year over year to 54,300 homes during the year ending in March 2024. This decrease came even as the average ($780,300) and median ($475,000) purchase prices for foreign buyers were the highest ever recorded by NAR, up 21.9%
Housing Wire
AUGUST 2, 2024
home seller pays a 2.55% commission to the real estate agent hired by their buyer, down from an average of 2.62% in January, according to a Redfin analysis of MLS data. 28 and July 14 of this year to compare average commission rates paid to a buyer’s agent. The typical U.S.
Housing Wire
MARCH 17, 2025
of American households owned their home in 2023, which is slightly higher than it was in 2013 (63.5%). between 2013 and 2023 the lowest of all racial groups. The increase in Black homeownership coincides with an overall increase in the national homeownership rate in 2023. According to the report, 65.2% This shakes out to about 11.8
Housing Wire
NOVEMBER 30, 2020
Condos sales are rebounding because buyers are finding great deals,” said Redfin’s Chief Economist Daryl Fairweather. and is the largest premium since at least 2013, when Redfin began recording this data. The post Condo sales rebound as buyers snatch up deals appeared first on HousingWire. Single-family home sales grew 23.3%
Housing Wire
JANUARY 20, 2022
Right after the Great Recession, between 2009 and 2011, buyers viewed a median of 12 homes before purchasing, as inventory was plentiful. From 2004 to 2006, during the housing boom years, even though homes were moving at a rapid pace, buyers typically looked at nine homes.
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