Full disclosure: The Tim is employed by Redfin. Earlier this month, Redfin released the results of an in-depth study of real estate listing accuracy across various websites, including Redfin, Windermere, Zillow, and Trulia. The results will not surprise anyone who has attempted to do any serious home searching on these sites, but I still wanted…
Tag: Redfin
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…
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…