Tag Archives: Daryl Fairweather

For the first time in months, home prices failed to hit record highs—that and several more market indicators suggest a slowly turning tide.

Median home-sale prices have increased to a record high 19% year-over-year in June, forcing more to hold back their purchases or opt for cheaper housing alternatives.

Even higher-end homes were not safe to price hikes and bidding wars in 2021, with the luxury market seeing increases.

For the first time in 2021, the demand for homes has fallen below last year’s levels, with high prices turning many would-be buyers away from a still-completive marketplace.

Despite the housing market experiencing a minor slowdown, Redfin agents are reporting competition remaining moderately fierce for the short supply available.

A new Redfin analysis shows that sales of luxury homes have become more abundant, with growth in this market currently skewed toward some of the biggest metros in the nation.

Short supply spells greater seller profit at the closing table as homes continue to sell at a record clip.

With $2.53 trillion in home sales predicted for 2021, forecasters are eyeing the largest annual increase in percentage terms in seven years for the housing market.

A new study has found that homes sold in predominant Black neighborhoods were selling for nearly $50K less than comparable homes sold in white neighborhoods.

Despite the nationwide rollout of COVID-19 vaccinations and a return to life as once was normal, pandemic-driven demand for second homes is soaring, as many remote workers are opting to spend at least part of their time in vacation destinations, ...