Full disclosure: The Tim is employed by Redfin. Last Thursday Redfin released their February market data. Here’s an excerpt from the narrative (which I also wrote): Welcome to Real Estate Bizarro World, where falling supply means falling prices and scarce demand still leads to multiple offer situations. 2011 continues to shape up as an unusual…
Tag: monthly-stats
Redfin: Buyer’s Market No Breeze for Buyers
Full disclosure: The Tim is employed by Redfin. Happy Friday everybody. Let’s celebrate the upcoming weekend with a sweet interactive map. That’s right, it’s time again already to check out Redfin’s January market data. Here’s an excerpt from the narrative (which, as it turns out, I wrote): “It was the best of times, it was…
Redfin: Home Sales Thaw a Bit, Prices Still Mostly Falling
Full disclosure: The Tim is employed by Redfin. Now that it’s almost February, we should probably make some time to check out Redfin’s December market data. Here’s an excerpt from the narrative: With buyers hitting the streets, and inventory scarce it stands to reason that sellers who list their homes for sale now, instead of…
Redfin: Winter Already Here in Seattle Real Estate
Full disclosure: The Tim is employed by Redfin. A couple days ago Redfin released their November market data. Here’s an excerpt from the narrative: While median prices might be holding steady the time it takes to close has been lengthening. “About half of the buyers I’ve been working with have had their loans extended, and…
Redfin: Market Still on Pause in October
Full disclosure: The Tim is employed by Redfin. Last week Redfin released their October market data. Here’s an excerpt from the narrative: “The majority of buyers I am working with are not in any hurry to purchase, but want to take advantage of the lower house values we see in the winter,” said Cheryl McLaine,…