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New Year, New House? Here’s How to Prepare for the 2018 Market
Tips for Sellers 1. Declutter and Organize “After the holidays is a great time to clear out all the things you no longer need,” says Redfin Charleston agent Tammy Trenholm. “Decide what you want to...
View Article25 Neighborhoods that “Have It All”: Affordable Homes, Highly Rated Schools,...
The number of homes for sale nationwide has been falling for more than two straight years, and home prices in the hottest markets have risen by double digits in as much time. This has created a...
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The Most Popular Fitness Trends in All 50 States
Americans are pretty passionate about staying fit, but trends take their time working their way across the country. Whether we’re sweating through a one-hour Orangetheory workout, learning Israeli...
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Diary of an IPO
Redfin CEO Glenn Kelman published the below diary of the company’s IPO on Linkedin on Jan. 16, 2018. Boarding Delta 2989 in Chicago on a Friday night, I left Chris Nielsen, our CFO, in 16D and headed...
View Article2017 Closed with Strong Home Price Growth, Up 7 Percent in December
Key Takeaways: For the full year, 2017 home sales increased 1.7 percent over 2016, while prices gained 7.0 percent. The median 2017 sale price was $284,500. National home prices rose 6.8 percent in...
View ArticleWhich Bidding War Strategies Are Most Effective?
Nearly one in four (23.6%) homes that sold in 2017 went for more than their asking price, up from 21.8 percent in 2016. These stats provide an indication of how competitive the market is, because...
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Hoboken Home Once Lived in by Frank Sinatra Sells for $1.68 Million
A four-bedroom brownstone in Hoboken, NJ just sold for $1.68 million. But it’s not any ordinary home. Built in 1901, the property was once lived in by the famous American singer Frank Sinatra and his...
View ArticleSB-827: a Win for Affordability or Just a California Dream?
If you’ve ever lived in one of California’s major cities besides San Francisco without a car, you may have noticed that life on local public transportation isn’t all that convenient. Add in the...
View ArticleAmazon: Here’s Where Seattleites Are Already Looking to Move
Amazon announced the 20 finalist cities vying to host a second headquarters for the tech giant. Wherever HQ2 splashes down, the highly paid tech workers it will transplant and attract are likely to...
View ArticleHow Much Do Redfin Agents Earn?
Redfin strives to be the best employer in real estate. In addition to excellent compensation, benefits and opportunities for growth, Redfin agents share a mission—to redefine real estate in the...
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Luxury Home Prices Up 7 Percent in the Fourth Quarter
Stock market gains and soaring investor confidence set the stage for high demand for luxury homes as 2017 came to a close. Luxury home prices rose 7.4 percent year over year to an average of $1.76...
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Nine of Redfin’s 10 Hottest Neighborhoods of 2018 are in San Jose
Redfin’s 2018 Hottest Neighborhoods report shines light on a migration trend happening within the San Francisco Bay Area. We talk a lot about tech workers leaving Silicon Valley in search of...
View ArticleThe Fortress and the Ecosystem
The annual Swanepoel Trends Report explores the biggest trends in the residential real estate industry. This year, Redfin CEO Glenn Kelman was asked to write the foreword, which you can read in full...
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Redfin Housing Demand Index Remained Nearly Flat in December as Supply...
The Redfin Housing Demand Index remained nearly flat into the end of 2017, falling just 0.6 percent from 128.3 in November to 127.6 in December. The seasonally adjusted number of buyers requesting home...
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Boston vs. Philadelphia: A City Showdown
Boston and Philadelphia are two East Coast cities with a lot of history and patriotic spirit, and the competition between them is hot right now. Not only are the two preparing to duke it out in Super...
View ArticleThe State of the Union: What Role Does Housing Play?
The U.S. enjoyed the strongest housing market in a decade last year. But in a speech full of economic accolades, President Trump missed an opportunity for a pat on the back. Housing was not mentioned...
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Redfin Data Helps Fuel Wealthfront’s Home Buying Guide
Whether you’re thinking about buying your first home or upgrading to something different based on life changes, there can be a lot of unknowns. For some it’s hard to know when and how to start the...
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Wildfires Threaten $1.5 Trillion Worth of Homes in the United States
7.7 percent of U.S. housing value–over $1.5 trillion worth of homes–is at risk of wildfire damage in 2018 and beyond. The counties that are most at risk are among the country’s most expensive housing...
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Redfin Survey: 15% of Respondents Sold Their Home or Did Not Buy Last Year...
From November 1 to December 6, 2017, Redfin commissioned a survey of 4,270 U.S. residents in 14 metropolitan areas who bought or sold a home in the past year, attempted to do so, or planned to do so...
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Affordable Inland Metros Drew People from San Francisco, New York and Los...
The fourth quarter of 2017 saw people in expensive, high-tax coastal markets like San Francisco, New York, Los Angeles, search for homes in metros like Sacramento, Phoenix, Las Vegas, and Nashville...
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