I received this question via email from a reader a few weeks ago: I’ve got to ask this because it seems nobody else is asking. We know that just 3-4 years ago there was a surplus of homes on the market. We also know that in the last 3-4 years home sales have remained relatively…
Category: Features
What Features are Real Estate Sites Missing?
I’ll be in San Francisco today and Friday for Redfin’s semiannual Hackathon, an intense coding marathon where our crack team of software developers come together from Seattle, San Francisco, and Austin to crank out incredible experimental features in mere hours. The basic format has ten teams of four to six developers competing to produce the…
Guess the Price Round 4: Time for a Rerun
Time for another round of “Guess the Price.” Here’s how the game works. I’ll describe a home that’s currently on the market, giving you as many pros and cons as I can, and you guess what the final sale price will be when/if it sells. Be sure to enter your real email address into the…
What Does a “Recovery” in Real Estate Look Like?
When you read a story claiming that a “recovery” is just around the corner for real estate or that the housing market is “recovering,” what does that mean to you? Some people (mostly people who bought near the peak and real estate agents) think recovery means that home prices and home sales volumes will get…
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…