Redfin Reports Hottest January on Record Despite 1st Pending-Sales Decline Since June 2020

Author's Avatar
Jan 27, 2022

(NASDAQ: RDFN) —Homebuyers are grappling with the hottest January on record, as 45% of homes now find a buyer within two weeks on the market, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Meanwhile, thirty-five percent of homes go under contract within a week. Both rates are the highest we’ve ever seen for this time of year.