San Francisco’s Luxury Home Sales Jump 22% As Median Price Nears $7M
Luxury home sales are surging in San Francisco, the epicenter of the AI boom, pushing the median sale price to the highest March level on record. Tight supply is another factor pushing up San Francisco’s luxury prices; active listings are down roughly 15% year over year. San Francisco’s luxury hou
Homebuying Demand Ticks Up, Mortgage Rates Tick Down
More homeowners are putting their houses on the market, with new listings increasing for the second week in a row after five straight months of declines. U.S. pending home sales rose 2.7% year over year during the four weeks ending April 26, the biggest increase in six weeks. Mortgage-purchase appl
Fed Holds Rates Steady, But Rare Dissents Signal Cloudy Outlook For Future Path
The Federal Reserve held interest rates steady at its April 29 meeting. Takeaway: Mortgage rates may rise slightly as Jerome Powell’s last Fed meeting as chair ended with some fireworks. The Board signaled an unusual amount of division over the future path of interest rates and, in a historically u
‘Deliver The Kind of Service People Remember and Trust’: How Maryam Amiri Became The First Redfin Agent to Sell $1 Billion Worth of Homes
In 2001, Maryam Amiri immigrated to the United States from Iran. Twenty-five years later, she became the first Redfin agent to hit $1 billion in career sales volume. “At a certain point, it became less about the number and more about what it represented: consistency, trust and the ability to serve
