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…
Tag: Redfin
Local Home Prices Hit 2012 Peak, Turn Down
I keep a pretty close eye on the weekly real estate stats on Redfin’s King County region page, and I noticed something last week that seems to be worth mentioning: It’s only a few weeks’ worth of data, but it would appear that prices have turned the corner and are about to begin their annual…
Nearly a Third of Sellers Will Overprice On Purpose
Full disclosure: The Tim is employed by Redfin. On Monday I posted the results of a new quarterly survey of home sellers that we’re doing at Redfin. This part in particular stood out to me as I was analyzing the responses: …when asked how they approach pricing their home 32% of sellers indicated that they…
Buyers: Is it time to give up on 2012?
When inventory completely failed to experience the usual new year bump in January, and listings continued to decline through February, March, April, and May, I had hoped that once the “spring buying season” wore off that we might start to see inventory increase a little in the second half of the year before the usual…
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…