Full disclosure: The Tim is employed by Redfin. Redfin released February housing market data last week, so let’s take a look at the rate at which new listings are going under contract in two weeks or less in the Seattle area, compared to San Francisco and the national rate: I was concerned when this number…
Tag: fast-offers
Market Heated Up in October as Inventory Collapsed
Full disclosure: The Tim is employed by Redfin. Redfin released October housing market data today, so let’s take a look at the rate at which new listings are going under contract in two weeks or less in the Seattle area, compared to San Francisco and the national rate: Yikes! That’s a big spike in Seattle…
Over a Third of New Listings Pending in Two Weeks
Full disclosure: The Tim is employed by Redfin. Last week Redfin released September housing market data, so let’s take a look at the rate at which homes are going under contract in two weeks or less in the Seattle area, compared to San Francisco and the national rate: No big change in the relationship between…
Follow-Up: Offers 2012 Are Finally Slowing, Just a Bit
Full disclosure: The Tim is employed by Redfin. Last month I posted a comment from a reader who observed that offers appeared to be slowing down from their torrid spring pace. At the time I pointed out that there was “no slowdown as of the end of May” in the data. Well, last week Redfin…
Reader Comment: Offers Appear to be Slowing Down
I received the following email from a reader who has been shopping for homes this spring in North Seattle: This is just a note from the open house circuit. Houses in North Seattle are on the market a little longer than a few weeks ago. They are taking 7-15 days to show ‘pending.’ A few…