Tom Toole shares two key slides that demystify the impact of presidential elections on housing and shares his three-channel distribution strategy to reach people in your database most likely to transact this fall and in the final quarter of 2024.
New reports from Zillow (monthly) and Redfin (quarterly) show luxury home values and sale prices rising faster compared to the typical or non-luxury U.S. home, as of June and the end of Q2 2024.
The median U.S. home sale price hit a record high for the ninth consecutive week, according to Redfin’s latest report. Yet, the report also reveals signs that prices may start to soften.
A new Redfin report shows home prices for May 2024 rose 0.3% from the previous month—the smallest monthly increase on a seasonally adjusted basis since January 2023.
Over one-third (36%) of Americans see real estate as the best long-term investment, not so much because of its potential returns but because of its overall stability, with home value consistently climbing.
According to a new Redfin report, home prices are not falling in any U.S. metro for the first time since July 2022. In related news, the national median monthly mortgage payment climbed 15% year over year, reaching an all-time high.
A new Redfin article shows nearly 40% of homeowners could not afford their homes if they were buying them today, thanks to monthly housing costs reaching an all-time high due to elevated mortgage rates and home prices that have doubled over the last decade.
A new report from Redfin shows nearly 20% of home sellers in San Francisco taking a loss—over four times the national share (4%), largely due to home prices in the area coming back down after soaring during the pandemic.
A new Redfin report shows the median U.S. monthly housing payment increasing 11% year over year to a new record high of $2,747.
A new Zillow analysis shows the U.S., as of February 2024, has 550 “million-dollar” cities (cities where the typical home is valued at $1 million or more)—59 more than last February’s total of 491.
A new nationwide Coldwell Banker survey shows price is more important than location to more than half the surveyed consumers who are looking to purchase a home.
A new Redfin report shows a majority of U.S. homeowners and renters say housing affordability will impact their vote in this year’s presidential election.
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