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The plunge in existing-home sales was the steepest since 1989. [citation needed] The new home market also suffered. The biggest year over year drop in median home prices since 1970 occurred in April 2007. Median prices for new homes fell 10.9 percent according to the U.S. Department of Commerce. [49]
In 2012, Redfin began an automatic agent rating system. After it drew criticism for using inaccurate data, the system was discontinued. [7] In June 2017, the company began Redfin Now, a home flipping division. [8] On July 28, 2017, Redfin became a public company via an initial public offering, raising $138 million. [9]
The index for pending home sales increased just over 8% to 77.3 in December, according to data from the National Association of Realtors (NAR) released Friday. The month-over-month uptick was the ...
Bainbridge Island has a seven-member city council. The members are elected to staggered four-year terms and appoint a city manager. [1] Bainbridge Island is a stronghold of the Democratic Party. Jay Inslee, the 23rd governor of Washington, is a local resident, and represented it in Congress from 1999 to 2012.
After dipping in January, the index for pending home sales rose 1.6% in February, according to data from the National Association of Realtors (NAR) released Thursday. The reading of 75.6 was the ...
US pending home sales fell nearly 5% in January as both elevated mortgage rates and home prices continued to challenge homebuyer demand, the NAR found.