Posts filtered by tags: Seattle Wa[x]


 

First New-Listings Decline in 5 Months Portends a 2021 Housing Frenzy to Rival 2020

Redfin reports that new listings fell 3%, the first annual decline since July even as pending sales were up 35%. Seattle, WA – Jan. 15, 2021 (PRNewswire) – (NASDAQ: RDFN) — The median home sale price increased 14% year over year to $320,025, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Below are other key housing market takeaways for more than 400 U.S. metro areas during the 4-week period ending January 10. Pending home sales...
Tags: Real Estate, News, Radio, Redfin, Seattle Wa, Real Estate News, Daryl Fairweather, Redfin Homebuyer Demand Index


Half of Redfin Home Offers Faced Bidding Wars in December as Housing Market Defied Holiday Slump

Competition tapered slightly over the holidays, but remained fierce as insufficient housing supply failed to keep up with insatiable demand Seattle, WA – Jan. 15, 2021 (PRNewswire) — (NASDAQ: RDFN) — Nationwide, 49.7% of home offers written by Redfin agents faced bidding wars in December, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. While that’s down from a revised rate of 55.9% in November, it represents the eighth-straight month in which ...
Tags: Utah, Real Estate, News, California, Washington, Palo Alto, Radio, Canada, United States, San Diego, Salt Lake City, Seattle, Denver, Redfin, Chicago Il, Seattle Wa


Home Prices Rose 13% in December, Sales Up 16%

Pending-sales growth of 35% far outpaced that of new listings, up 14% Seattle, WA – Jan. 14, 2021 /PRNewswire/ — (NASDAQ: RDFN) — The national median home-sale price rose 13% year over year to $334,300 in December, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Homebuying demand barely slowed during what is typically one of the slowest months of the year. Closed home sales were up 16% from a year earlier and pending sales were up 35%, whi...
Tags: Real Estate, News, San Francisco, Chicago, Radio, Canada, United States, Miami, San Jose, Salt Lake City, Redfin, Seattle Wa, Bridgeport, Allentown, Oxnard, Real Estate News


63% of 2020 Homebuyers Made an Offer Sight Unseen, Shattering Previous Record

About 1 in 10 home tour requests to Redfin agents are for a remote video tour Seattle, WA – Jan. 14, 2021 (PRNewswire) — (NASDAQ: RDFN) — Nearly two thirds (63%) of people who bought a home last year made an offer on a property that they hadn’t seen in person, the highest share since at least 2015. That’s up from 32% a year earlier, and 45% in July, which was previously the high point, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Redfin...
Tags: Real Estate, News, Radio, Canada, United States, Connecticut, Redfin, Seattle Wa, Real Estate News, Redfin Redfin, Daryl Fairweather Homebuyers, Mary Ellen Wisneski


Despite New Stimulus, More Than 3 Million Renters Facing COVID-19 Unemployment Bear Extreme Housing Cost Burden

– Recently finalized stimulus package will help, but rent burdens continue to exceed affordability threshold – Zillow estimates more than 3 million renters who were employed last March remained unemployed as of November, largely due to widespread layoffs in high-contact industries like hospitality and restaurants. – Unemployed U.S. renters will typically spend 43% of unemployment insurance income on rent because of $300 weekly payments in the newly passed stimulus package, down from 81.2% ...
Tags: Real Estate, News, Radio, United States, Washington Dc, Portland, San Jose, University of Pennsylvania, Zillow, Oklahoma City, Chicago Il, Birmingham Al, Seattle Wa, New York Ny, Boston University, Houston TX


Riley Eller joins React Mobile as CTO

Seattle, WA, January 14, 2021 — Riley Eller has been involved with technology and security since the beginning of his 30-year career. He has applied his skills in places like Unium (formerly known as CoCo), where he was a part of a successful acquisition to Nokia in 2018. His recent role as the CTO of Rubica, involved leading engineering and security teams in the cybersecurity space to protect data from real-time threats. He is a contributor to several inventions and patents and is recogn...
Tags: Travel, Nokia, Cto, Seattle Wa, Rubica, Riley Eller


Redfin Survey: One-Third of Homebuyers Would Relocate If Remote Work Becomes Permanent; One-Third Already Have

Twenty-seven percent of homebuyers believe migration will make the country less divided, but the same share believe it will make the country more divided Seattle, WA – Jan. 12, 2021 (PRNewswire) (NASDAQ: RDFN) — Two-thirds of homebuyers and sellers would consider moving—or already have moved—to a different city or area given the opportunity to work remotely permanently, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. The report...
Tags: Real Estate, New York, News, America, San Francisco, Radio, Canada, United States, Biden, Redfin, Trump, Seattle Wa, Real Estate News, Fairweather, Twenty, Daryl Fairweather


Home Value Disparities Between Races Are Still Pronounced, but Shrinking

The value gap between communities of color and the typical U.S. home continues to shrink as home values reach pre-Recession levels. The home value gap for Black and Latinx homeowners is 16.2% and 10.2%, respectively, relative to the typical U.S. home. The Great Recession hit communities of color disproportionately hard and, after nearly a decade, the home value gap for Black- and Latinx-owned homes have recovered to pre-housing bubble levels — about three years behind U.S. homes as a whole. The ...
Tags: Real Estate, News, Milwaukee, Sacramento, Los Angeles, Indianapolis, Chicago, Austin, Radio, Washington Dc, Portland, San Diego, Nashville, Salt Lake City, Las Vegas, Birmingham


November Was the Best Month to Buy a Home in 2020

The median monthly mortgage payment was $1,094 in November, the lowest of the year, thanks to historically low rates Seattle, WA – Dec. 22, 2020 (PRNewswire) — (NASDAQ: RDFN) — November was the most affordable month to buy a home in 2020, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. The median monthly mortgage payment nationwide reached a low of $1,094 in November, down from a peak of $1,163 in February, the month before the coronavirus...
Tags: Real Estate, News, Los Angeles, San Francisco, Radio, Federal Reserve, Seattle, Redfin, Seattle Wa, Godwin, Real Estate News, Seattle Redfin, Shoshana Godwin, Daryl Fairweather, Best Month


Home Prices Up 14%, Pending Sales Rise 34%

Redfin reports new listings were up 12%, but the number of homes for sale fell 31% to a new all-time low. Seattle, WA – Dec. 29, 2020 (PRNewswire) — (NASDAQ: RDFN) — The median home sale price increased 14% year over year to $320,714 during the 4-week period ending December 20, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Below are other key housing market takeaways for 400+ U.S. metro areas during the 4-week period ending Decem...
Tags: Real Estate, News, Radio, Redfin, Seattle Wa, Real Estate News, Daryl Fairweather So


Luxury Home Sales Surge a Record 61%, Quadrupling Pre-Pandemic Growth

Sales of luxury homes significantly outpaced the 7% growth in sales of affordable homes this fall, as America’s wealthiest homebuyers reaped the gains of an uneven economic recovery Seattle, WA – Dec. 23, 2020 (PRNewswire) — (NASDAQ: RDFN) — U.S. luxury home sales surged 60.7% year over year during the three months ending Nov. 30, the biggest jump since at least 2013, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That nearly quadrupled...
Tags: Florida, Real Estate, New York, News, California, America, Radio, Lake Tahoe, Jacksonville, Redfin, Cincinnati, Seattle Wa, West Palm Beach, San Antonio TX, Newark NJ, Riverside CA


Home Prices Up 15%, Pending Sales Rise 32%

Redfin reports new listings were up 13%, but the number of homes for sale fell 30% to a new all-time low. Seattle, WA – Dec. 18, 2020 (PRNewswire) — (NASDAQ: RDFN) — The median home sale price increased 15% year over year to $322,616, the highest on record, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Below are other key housing market takeaways for 400+ U.S. metro areas during the 4-week period ending December 13. Pending h...
Tags: Real Estate, News, Marketing, Radio, Redfin, Seattle Wa, Real Estate News, Redfin Homebuyer Demand Index, Daryl Fairweather With


24% of Homes Sold This Year Were Bought With All Cash, the Smallest Share in 13 Years

All-cash home purchases reached a low this year largely due to historically low mortgage rates Seattle, WA –  Dec. 18, 2020 ( ) — (NASDAQ:  ) — Nationwide, 24.3% of homes sold so far this year were bought with cash, down from 25.3% in 2019 and the smallest share since 2007. This is according to a new   from Redfin (redfin.com), the technology-powered real estate brokerage. All-cash home purchases peaked in 2013, when 34% of homes sold were bought with cash. The share has generally declined si...
Tags: Florida, Real Estate, Minneapolis, Virginia, Marketing, Radio, Washington Dc, Queens, Portland, Va, San Diego, Manhattan, Miami, Portland Oregon, Oakland, Cleveland


Home Value Growth Breaks Records as Rents Stabilize

Impressive late-year metrics set up 2021 as a banner year – Annual rent appreciation rose from 0.7% in October to 1.1% in November, bouncing back after an eight-month trend downward – Home values posted both the largest monthly and quarterly increases in Zillow records dating back to 1996 – Strong growth is expected in 2021 for sales, rents and home values as vaccine optimism rises and market forces remain Seattle, WA – Dec. 18, 2020 (PRNewswire) — Rent appreciation began to recover ...
Tags: Real Estate, Washington, Marketing, Sacramento, Los Angeles, Indianapolis, Chicago, Austin, Radio, United States, Portland, San Diego, San Jose, Houston, Seattle, Cleveland


Home Flipping Continues To Decline Across U.S. In Third Quarter Of 2020 But Profits Reach New High

Home Flipping Rate Down For Second Straight Quarter To Lowest Level In Four Years; Typical Investment Returns Increase to Highest Level Since Early 2018; Percent of Flips Financed With Cash Holds Steady Irvine, CA. – Dec. 17, 2020 (PRNewswire) —ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of Data-as-a-Service (DaaS), today released its third-quarter 2020 U.S. Home Flipping Report showing that 57,155 single-family homes and condomin...
Tags: Real Estate, News, Los Angeles, San Francisco, Radio, United States, San Diego, Nashville, Kansas City, Louisville, Metro, El Paso, Seattle Wa, Beaumont, San Jose CA, Bridgeport


54% of Redfin Home Offers Faced Bidding Wars in November

Competition dipped slightly ahead of the holidays, but remained above 50% for the seventh-straight month amid record-low mortgage rates and relocations Seattle, WA – Dec. 16, 2020 (PRNewswire) — (NASDAQ: RDFN) — 53.6% of home offers written by Redfin agents nationwide faced competition in November, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. While that’s down from a revised rate of 58.5% in October, it represents the seventh-straight ...
Tags: Real Estate, New York, News, Minneapolis, Sacramento, Chicago, Radio, San Diego, Salt Lake City, Houston, Seattle, Denver, Redfin, Chicago Il, Hess, Seattle Wa


Escaping the City: America’s Hottest Neighborhoods of 2021

Vacation towns and suburbs outside major coastal cities are on the rise as remote work drives Americans to seek out space, solitude and affordability during the coronavirus pandemic Seattle, WA – Dec. 15, 2020 (PRNewswire) (NASDAQ: RDFN) — Resort towns and suburbs like California’s Lake Tahoe and New Jersey’s Washington Township are gaining ground with homebuyers as major coastal cities like San Francisco and Philadelphia offer fewer benefits during the pandemic, according to a new report fr...
Tags: Real Estate, New York, News, California, Boston, America, Los Angeles, San Francisco, Tesla, Radio, Canada, United States, New Hampshire, House, Connecticut, New Jersey


From ‘Zoom Rooms’ to Chef Kitchens: Zillow’s Top 10 Home Trends for 2021

Zillow’s top home trends for 2021 are driven by COVID-era design and home features that will continue to grow in popularity even when the pandemic subsides. Seattle, WA – Dec. 10, 2020 (PRNewswire) We’ve all been there this year — toddlers interrupting Zoom meetings, daydreaming (or Zillow Surfing!) for more space, and shamelessly feeding sourdough starter kits. 2020 has changed the way we live in and outside our homes. As people rethink their homes’ functionality after spending m...
Tags: Google, Real Estate, News, Radio, Pennsylvania, United States, Yougov, Nielsen, Zillow, Cape Cod, Seattle Wa, HARRIS, Hudson NY, Real Estate News, Zillow Group, Zillow Group Inc


The Housing Market is Hotter in Counties With Fewer Coronavirus Cases Per Capita

Pending home sales were up 54% in low-intensity coronavirus counties last month, outpacing the 45% growth in high-intensity coronavirus counties Seattle, WA – Dec. 10, 2020 (PRNewswire) (NASDAQ: RDFN) — Pending home sales rose 54.1% year over year in U.S. counties with low concentrations of Covid-19 cases during the four-week period ending Dec. 1—outpacing the 45.1% growth in counties with high concentrations of Covid-19 cases—according to a new report from Redfin (redfin.com), the technology...
Tags: Real Estate, News, Radio, Canada, United States, Redfin, Dec, Seattle Wa, Schneider, Edwards, Real Estate News, Danville CA, Reginald Edwards, Ali Schneider, Massachusetts Redfin, Alysandra Nemeth


News: Wrench Mobile Vehicle Inspection, Maintenance and Repair Service Joins the Openbay Marketplace to Meet Growing Demand for Convenient and Contactless Automotive Service

Cambridge, MA – (Businesswire) – Nov 30, 2020 – Openbay, the industry-leading automotive service marketplace and SaaS company, today announced its partnership with Wrench, the largest vehicle Inspection and Maintenance and Repair platform in the U.S. Wrench’s technology platform streamlines the delivery of over 750 high-quality, on-location, contactless automotive services to owners of private and commercial vehicles. Wrench’s pre-purchase car inspection service is available nationwide, and th...
Tags: Usa, Cdc, Autos, Google Ventures, Seattle Wa, ASE, Cambridge MA, Marubeni Corporation, Openbay, Rob Infantino, Ventures Boston Seed Capital GV, Ed Petersen, Cambridge MA Openbay, Shell Global Commercial Stage, Contactless Automotive Service, Inspection and Maintenance and Repair


How Ford and outdoor retailer Filson teamed up to design a firefighting version of the ultra-popular Bronco

The Ford Bronco Wildland Fire Rig concept is a collaboration between Detroit and Seattle. Ford The innovative design process for Ford's new Bronco SUV led the Detroit carmaker to establish a partnership with Filson, a famous Seattle outfitter. The result is the Bronco + Filson Wildland Fire Rig, a concept vehicle that wears US Forest Service green livery and is packed with firefighting gear, and that has numerous Filson-sourced details. Ford and Filson plan to sell Bronco-branded Filson ge...
Tags: Transportation, Marketing, US, Trends, Ford, Seattle, Detroit, Forest Service, Shinola, Seattle Wa, Broncos, US Forest Service, Bronco, Filson, Matthew DeBord, Thielen


Intense Buyer Demand Continues to Drive Hot Housing Market

This Zillow Weekly Market Report includes Zillow housing market data as of the week ending Oct. 31. Seattle, WA – Nov. 6, 2020 (PRNewswire) Intense and persistent buyer demand is keeping the time on market for houses at incredible lows and pushing prices ever higher above 2019, according to Zillow’s Weekly Market Report1. Sales remain high above last year and are expected to stay robust in the coming months. Time on market still short as pending sales stay high over 2019  Robust bu...
Tags: Real Estate, News, Indianapolis, Radio, Washington Dc, Zillow, Baltimore, Oklahoma City, Chicago Il, Birmingham Al, Seattle Wa, New York Ny, Houston TX, San Francisco CA, San Jose CA, Boston MA


Home Equity Levels Continue To Rise Across The Nation In Third Quarter As Market Fends Off Coronavirus Pandemic

Equity-Rich Properties Now Outnumber Those Seriously Underwater by Almost Five-to-One Margin; Portion of U.S. Homes Considered Equity-Rich Grows to 28 Percent; Share of Seriously Underwater Properties Stay at 6 PercentIrvine, CA – Nov. 5, 2020 /PRNewswire/ —ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of Data-as-a-Service (DaaS), today released its third-quarter 2020 U.S. Home Equity & Underwater Report, which shows that 16.7 million re...
Tags: Florida, Real Estate, News, Mississippi, Maryland, Colorado, California, Washington, La, Virginia, Milwaukee, Alabama, Los Angeles, San Francisco, West Virginia, Indiana


Santa Barbara, Louisville and Buffalo Have Soared in Popularity With Out-of-Town Homebuyers Since the Pandemic Began

A record 29% of Redfin.com users looked to move to a different metro area in the third quarter Seattle, WA – Oct. 30, 2020 (PRNewswire) (NASDAQ: RDFN) — Santa Barbara has grown the most in popularity with people moving in from out of town over the last year, followed by Louisville, KY and Buffalo, NY, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Net inflow—the number of people looking to move in minus the number of people lookin...
Tags: Real Estate, New York, News, California, Boston, Sacramento, Los Angeles, San Francisco, Atlanta, Indianapolis, Chicago, Austin, Radio, Canada, United States, Washington Dc


Housing Market Shows Signs of Seasonal Cooling Even as Historic Demand Continues

This Zillow Weekly Market Report includes housing market data as of the week ending Oct. 24 Seattle, WA – Oct. 30, 2020 (PRNewswire) The housing market is showing signs of seasonal cooling after a scorching hot summer sales season that stretched uncharacteristically far into fall, according to Zillow’s Weekly Market Report1. A nearly six-month acceleration of year-over-year list price increases stabilized this week at 11.7% above 2019. Buyers are quickly buying up what few homes are left on ...
Tags: Real Estate, News, Indianapolis, Radio, Washington Dc, Zillow, Baltimore, Oklahoma City, Chicago Il, Birmingham Al, Seattle Wa, New York Ny, Houston TX, San Francisco CA, San Jose CA, 288


Redfin Survey: Trump Expected to be Better for Homeowners, Biden Better for Renters

A majority of Biden voters (61%) think the government should provide down-payment assistance to working-class families buying their first home, compared with 43% of Trump supporters Seattle, WA – Oct. 29, 2020 (PRNewswire) (NASDAQ: RDFN) — More homeowners expect Trump (44%) to be better for the housing market than Biden (35%), while the opposite is true for renters, with 45% picking Biden and only 28% picking Trump. This is according to a new report from Redfin (www.redfin.com), the technolo...
Tags: Real Estate, News, Joe Biden, Radio, Canada, United States, Biden, Redfin, Trump, Seattle Wa, Real Estate News, Fairweather, Redfin Redfin, Daryl Fairweather, Better for Homeowners Biden Better for Renters


New York’s Loss is Florida’s Gain: Redfin.Com Users Leaving Expensive States Picks Up With Pandemic

Seattle, WA – Oct. 28, 2020 (PRNewswire) (NASDAQ: RDFN) California and New York had the biggest upticks in people looking to move out of state since last year, followed by Massachusetts, Washington, D.C., and Illinois, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Nearly 53,000 more Redfin.com users looked to move out of California than into it in the third quarter, a 62% increase since the third quarter of 2019 and the highest r...
Tags: Florida, Real Estate, New York, News, California, New York City, Radio, Canada, United States, Arizona, Nevada, Illinois, Redfin, Movement, Seattle Wa, Sunshine State


42% of Americans Are Hesitant to Move to a Place Where They’d Be in the Political Minority, Up From 32% in June

The share of people who are hesitant to relocate to an area where they’d be in the racial, ethnic or religious minority also increased–to 28% from 20%–according to a Redfin survey. Seattle, WA – Oct. 27, 2020 (PRNewswire) (NASDAQ: RDFN) — Forty-two percent of U.S. residents would be hesitant to move to an area where most people have political views different from their own, up from 32% in June, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. ...
Tags: Real Estate, News, Minneapolis, America, Joe Biden, Radio, Canada, United States, Donald Trump, Redfin, Trump, Seattle Wa, Real Estate News, Daryl Fairweather, George Floyd


COVID-19 is Driving the Housing Inventory Crisis in Unexpected Ways

– New Zillow data reveals the pandemic’s influence on why homeowners aren’t selling in a hot seller’s market – About a third of homeowners who are considering selling in the next three years cite life being too uncertain right now (34%) and financial uncertainty (31%) as reasons they aren’t selling. – Nearly 40% of these potential sellers say they anticipate a higher sale price if they wait. – A quarter of potential sellers say they aren’t selling because of COVID-19 health concerns, wh...
Tags: Real Estate, News, Radio, Yougov, Zillow, Seattle Wa, Fannie Mae, Real Estate News, Zillow Group, Zillow Group Inc, Zillow Home, Zillow Offers, COVID, Zillow Group Population Science, Jeff Tucker Homeowners, US Census Bureau American Community


Home Prices Post Another 15% Gain

Homes sold closer than ever to sellers’ asking prices as pending sales rose 32%, new listings up just 8% Seattle, WA – Oct. 23, 2020 (PRNewswire) (NASDAQ: RDFN) — The median home sale price increased 15% year over year to $320,625—the highest on record, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. In the week ending October 18, home prices were up 16% from the same week a year earlier. Home prices continue to buck their typical seasonal pa...
Tags: Real Estate, News, Radio, Canada, United States, Redfin, Seattle Wa, Real Estate News, Jessica Nelson, Daryl Fairweather, Columbia SC Redfin