Redfin what - The direction and pace at which home prices are changing are indicators of the strength of the housing market and whether homes are becoming more or less affordable. The median price of a home in the United States is currently $584,800. Location. Data.

 
There are currently 13,654 homes for sale in Kentucky. The median list price in Kentucky is $289,925 and the average price per square foot is $151. . Dandb hoovers pricing

Using Redfin, a seller could save as much as $4500 selling a $300,000 home. That’s a substantial savings over selling with a traditional brokerage. According to Redfin, their listings sell quicker and at a higher price than the industry average. Redfin sellers usually still pay a 3% commission to the buyer’s agent.Listing fee increased by 1% of sale price if buyer is unrepresented. Sell for a 1% listing fee only if you also buy with Redfin within 365 days of closing on your Redfin listing. We will charge a 1.5% listing fee, then send you a check for the 0.5% difference after you buy your next home with us. Learn more. **Per square foot, based on a 2021 ... 11119 Dorland Dr, Whittier, CA 90606. Whittier Home for Sale: Location, location!!! This beautifully 3-bedroom, 2-bathroom, Pool, 2-car attached garage and driveway offer plenty of parking, This spacious residence is located in East Whittier, This home is situated for easy access to amenities and education. $835,000.The Frisco housing market is very competitive. Homes in Frisco receive 5 offers on average and sell in around 22 days. The median sale price of a home in Frisco was $708K last month, up 2.8% since last year. The median sale price per square foot in Frisco is $237, down 4.4% since last year. Trends. The Redfin Corporation is a Seattle-based operator of a residential real estate brokerage. The company operates in more than 100 markets in the United States and Canada. [1] [self-published source] History Redfin was founded in 2004 by David Eraker, Michael Dougherty, and David Selinger. 5. List your home online. When you sell your own home, advertising is key. Find a few for sale by owner (FSBO) websites to list your home online. Websites like these typically charge a flat rate, plus the cost of additional services. You should also consider listing your home on the MLS.The Phoenix housing market is somewhat competitive. Homes in Phoenix receive 2 offers on average and sell in around 39 days. The median sale price of a home in Phoenix was $437K last month, down 0.72% since last year. The median sale price per square foot in Phoenix is $280, down 2.4% since last year. Trends. Demand.A Redfin.com user counts as a migrant if they viewed at least 10 for-sale homes in the third quarter and at least one of those homes was outside their home metro area. For instance, if a Redfin.com user based in Seattle views 10 homes in a three-month period and all of them are in Phoenix , that user counts as a full migrant to Phoenix .2 Beds. 2 Baths. 1,024 Sq. Ft. 10800 SE 17th Cir #141, Vancouver, WA 98664. Kirt Dye • John L. Scott Real Estate. Vancouver Home for Sale: Great Vancouver duplex on quiet street. Each building has 4 bedrooms 2 baths. Each unit has two bedrooms one bath and a garage. located in the Sifton area of Vancouver.The Cincinnati housing market is very competitive. Homes in Cincinnati receive 3 offers on average and sell in around 6 days. The median sale price of a home in Cincinnati was $280K last month, up 10.9% since last year. The median sale price per square foot in Cincinnati is $171, up 5.6% since last year. Trends. Demand. Market Insights. Schools. The Anaheim housing market is very competitive. Homes in Anaheim receive 5 offers on average and sell in around 27 days. The median sale price of a home in Anaheim was $845K last month, up 1.3% since last year. The median sale price per square foot in Anaheim is $555, up 1.3% since last year. Trends.On Redfin, you can search for homes for sale in a few different ways: by neighborhood, by city, by zip code, by MLS number, or even by drawing your own search. Clicking on the search box on Redfin.com will produce a drop-down menu with your most recent searches and any saved searches you may have. 37 Buttles Ave Unit D, Columbus, OH 43215. Eric Cliffel • KW Classic Properties Realty, (614) 451-8500. Columbus Home for Sale: Fantastic location, convenient to shopping, restaurants and highway access. Rare three bedroom end unit condo with one car garage and dedicated parking space in front of the condo, 26A.Estimated Home Sale Proceeds. Save $7,500 with a local Redfin Agent.*. * Fees subject to change, minimums apply. Buyer’s agent fee not included, e.g., if buyer’s agent fee is 2.5%, seller will pay a total fee of 3.5%. Sell for a 1% listing fee only if you also buy with Redfin within 365 days of closing on your Redfin listing.A home's status is changed to "Pending" or "Pending Offer" once it's set to close and all contingencies have been satisfied or waived. This is when the lender and the escrow agent or attorney process the loan and title documents to make sure the deal closes on time. Sometimes the sellers may still accept backup offers on pending listings, but ... Mar 16, 2023 · Affordable housing is housing that people can afford for 30% of their income or less, although this definition may be outdated as most people actually spend about 32% of their income on housing. Affordable housing is also colloquially used to refer to specific housing assistance programs. Affordable housing is housing that people can afford for 30% of their income or less, although this definition may be outdated as most people actually spend about 32% of their income on housing. Affordable housing is also colloquially used to refer to specific housing assistance programs.4,010 Sq. Ft. 1906 8th St, Brookhaven, GA 30341. Atlanta Home for Sale: Welcome to a meticulously maintained two-story Craftsman house in East Atlanta. With brand new paint and 10’+ ceilings on both floors, the open-concept design creates an airy ambiance, seamlessly connecting living, dining, and kitchen spaces. The Redfin Owner Estimate is a tool for homeowners to estimate their home’s value that combines the best of machine learning and human insight. Backed by the engine that powers the Redfin Estimate , we invite homeowners to provide input about their home and neighborhood to generate an even more accurate estimate of a home’s value. The Dallas housing market is somewhat competitive. Homes in Dallas receive 3 offers on average and sell in around 26 days. The median sale price of a home in Dallas was $436K last month, up 5.1% since last year. The median sale price per square foot in Dallas is $253, up 4.5% since last year. Trends.A home's status is changed to "Pending" or "Pending Offer" once it's set to close and all contingencies have been satisfied or waived. This is when the lender and the escrow agent or attorney process the loan and title documents to make sure the deal closes on time. Sometimes the sellers may still accept backup offers on pending listings, but ...The Cincinnati housing market is very competitive. Homes in Cincinnati receive 3 offers on average and sell in around 6 days. The median sale price of a home in Cincinnati was $280K last month, up 10.9% since last year. The median sale price per square foot in Cincinnati is $171, up 5.6% since last year. Trends. Demand. Market Insights. Schools.If you're selling a home, you usually pay commission to both your listing agent and the buyer’s agent when your home sale closes. Here's how commission costs break down by home sale price with a total commission rate of 5%. Home Sale Price. 5% Real Estate Commission. $150,000.What does this mean? The direction and pace at which home prices are changing are indicators of the strength of the housing market and whether homes are becoming more or less affordable. The median price of a home in the United States is currently $421,774. Location. Data. The Redfin Rental Estimate is an estimate of the fair market rental value of an individual home. Using up-to-date rental data, we look at similar properties currently listed for rent or that have recently been taken off the market. The Rental Estimate is for informational purposes only. A property’s unique condition, upgrades, and location ...Cleveland Housing Market. The Cleveland housing market is somewhat competitive. Homes in Cleveland receive 3 offers on average and sell in around 22 days. The median sale price of a home in Cleveland was $117K last month, down 9.16% since last year. The median sale price per square foot in Cleveland is $90, up 4.0% since last year. Trends. Demand.The Memphis housing market is somewhat competitive. Homes in Memphis receive 2 offers on average and sell in around 38 days. The median sale price of a home in Memphis was $198K last month, up 6.9% since last year. The median sale price per square foot in Memphis is $133, up 3.9% since last year. Schools. Redfin aims to give you an advantage by identifying Hot Homes ™ that are likely to sell quickly, so you know which homes to go see in person right away. A Hot Home is a home for sale that is expected to be among the most competitive homes on the market, according to the proprietary Redfin Hot Homes algorithm. The Hot Homes algorithm ... The Cincinnati housing market is very competitive. Homes in Cincinnati receive 3 offers on average and sell in around 6 days. The median sale price of a home in Cincinnati was $280K last month, up 10.9% since last year. The median sale price per square foot in Cincinnati is $171, up 5.6% since last year. Trends. Demand. Market Insights. Schools.Save on fees. Redfin agents know how to price, prepare, and market your home so it sells for top dollar. And when you list with us, your home will get 70% more views, increasing the chances you’ll find a qualified buyer. Plus, you get all this for a low 1% fee when you buy and sell with Redfin. On Redfin, you can search for homes for sale in a few different ways: by neighborhood, by city, by zip code, by MLS number, or even by drawing your own search. Clicking on the search box on Redfin.com will produce a drop-down menu with your most recent searches and any saved searches you may have.The Reno housing market is somewhat competitive. Homes in Reno receive 2 offers on average and sell in around 39 days. The median sale price of a home in Reno was $523K last month, down 5.1% since last year. The median sale price per square foot in Reno is $316, down 1.6% since last year. Trends.On Redfin, you can search for homes for sale in a few different ways: by neighborhood, by city, by zip code, by MLS number, or even by drawing your own search. Clicking on the search box on Redfin.com will produce a drop-down menu with your most recent searches and any saved searches you may have. Methodology. This analysis uses the Redfin Housing Value Index—a model that incorporates the Redfin Estimate, public records and MLS data to estimate the current and historical value of more than 85 million single-family homes, condos, townhouses and multifamily properties in the U.S.Redfin Unlimited Liability Company (trade name, Redfin) is a licensed and registered real estate brokerage in British Columbia and Ontario only. If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732 . Apr 7, 2022 · This zone is specific to properties located near a river or stream. Areas in this zone still have a 1% chance of flooding each year with a 26% chance of flooding over the course of a 30-year mortgage. Flood depths range from 1 to 3 feet, resulting in Zone AO requiring flood insurance. AE, A1-A30. Indianapolis Housing Market. The Indianapolis housing market is very competitive. Homes in Indianapolis receive 3 offers on average and sell in around 8 days. The median sale price of a home in Indianapolis was $248K last month, up .0% since last year. The median sale price per square foot in Indianapolis is $140, up 4.1% since last year. Trends. 4 Beds. 2.5 Baths. 1,974 Sq. Ft. 18 Fish Ave, Albertson, NY 11507. Listing by Redfin Real Estate. Long Island Home for Sale: 3 Bedroom, 2 Bath Ranch With Large Dining Room, Living Room, Kitchen, Master Bedroom With Master Bath. $599,990. Mar 9, 2022 · Methodology. This analysis uses the Redfin Housing Value Index—a model that incorporates the Redfin Estimate, public records and MLS data to estimate the current and historical value of more than 85 million single-family homes, condos, townhouses and multifamily properties in the U.S. 4 Beds. 3 Baths. 1,970 Sq. Ft. 3206 Willow Creek Rd, West Covina, CA 91791. West Covina Home for Sale: This beautiful single level home is located in the desirable quiet community of West Covina. Built in 1977, 3 bedrooms, including a huge master suite, 2 bathrooms.Salary + bonuses in first year at Redfin: $51,000. Expenses covered by Redfin: $14,000. Benefits paid by Redfin: $11,000. Total compensation in first year: $76,000. Total compensation in third year and beyond: $160,000An iBuyer (short for instant buyer) is a real estate company that purchases a house from a homeowner in a quick cash transaction, makes any necessary improvements to the home, and then resells it. iBuyers offer quick and flexible closing dates since they purchase your home with an all-cash offer.The Reno housing market is somewhat competitive. Homes in Reno receive 2 offers on average and sell in around 39 days. The median sale price of a home in Reno was $523K last month, down 5.1% since last year. The median sale price per square foot in Reno is $316, down 1.6% since last year. Trends. Redfin aims to give you an advantage by identifying Hot Homes ™ that are likely to sell quickly, so you know which homes to go see in person right away. A Hot Home is a home for sale that is expected to be among the most competitive homes on the market, according to the proprietary Redfin Hot Homes algorithm. The Hot Homes algorithm ... 3 Beds. 3.5 Baths. 2,300 Sq. Ft. 2917 Pretty Lake Ave, Norfolk, VA 23518. Norfolk Home for Sale: Newer construction built in 2016 on old foundation. 3 bedrooms, 3 full baths, granite counter-top, stainless steel appliances, soft-close kitchen cabinets and drawers. A wonderful detached oversize garage.3D WALKTHROUGH. $650,000. 3 Beds. 2 Baths. 2,061 Sq. Ft. 7110 Highland Heather Ln, Dallas, TX 75248. Dallas Home for Sale: Welcome home to this beautiful, well maintained property in the heart of Turtle Creek. This sixth floor condo provides beautiful views of downtown, Turtle Creek and Uptown over the treetops.Redfin has complete and direct access to multiple listing services (MLSs), the databases that real estate agents use to list properties. We use MLS data on recently-sold homes to calculate your property's current market value, making ours the most accurate online home-value estimate for on-market homes. Listing fee increased by 1% of sale price if buyer is unrepresented. Sell for a 1% listing fee only if you also buy with Redfin within 365 days of closing on your Redfin listing. We will charge a 1.5% listing fee, then send you a check for the 0.5% difference after you buy your next home with us. Learn more. **Per square foot, based on a 2021 ...There are currently 13,654 homes for sale in Kentucky. The median list price in Kentucky is $289,925 and the average price per square foot is $151. According to an independent study of on-market homes, the Redfin Estimate is the most accurate among leading automated home-value tools (based on US data). We provide the most accurate value of a home for sale—more than twice as likely to be within 3% of the home's selling price as other top online home-value estimators.Salary + bonuses in first year at Redfin: $51,000. Expenses covered by Redfin: $14,000. Benefits paid by Redfin: $11,000. Total compensation in first year: $76,000. Total compensation in third year and beyond: $160,000Texas Real Estate. There are currently 132,152 homes for sale in Texas. The median list price in Texas is $394,962 and the average price per square foot is $181. Texas Housing Market Insights.If you're selling a home, you usually pay commission to both your listing agent and the buyer’s agent when your home sale closes. Here's how commission costs break down by home sale price with a total commission rate of 5%. Home Sale Price. 5% Real Estate Commission. $150,000.Jan 12, 2022 · MLS stands for multiple listing service. It is a database of homes for sale that is produced and maintained by real estate professionals to help their clients buy or sell property. Homes for sale on an MLS are called listings. The MLS listings typically include important property information, such as exterior and interior details, asking price ... Tampa Housing Market Trends. What is the housing market like in Tampa today? In July 2023, Tampa home prices were up 1.2% compared to last year, selling for a median price of $430K. On average, homes in Tampa sell after 18 days on the market compared to 11 days last year. There were 589 homes sold in July this year, down from 661 last year.What is Redfin? Redfin is a low commission real estate company that offers discounted listing fees for home sellers and rebates for some buyers. But, while its core business is helping people buy and sell homes, Redfin is probably better known for its house hunting app and website.Escrow is a legal term that means a deed, deposit, fund, or property is in the custody of a neutral third party. These third-party companies can include an escrow company, title company, or a law firm that services escrow. During the homebuying process, these companies mediate the real estate deal and hold money and the property “in escrow ...A dated appearance can include outdated light fixtures, faucets, and kitchen appliances. They will look to see if there are fireplaces in the home and whether any improvements or upgrades have been made in the house and their overall quality. Things like insulated windows, central A/C, and a security system will be noted as well.Redfin agents have the expertise to sell your home for top dollar, and you’ll pay a low 1% listing fee when you buy and sell with us. To get started, enter your address below. You’ll answer a few quick questions and we'll be in touch within a couple of hours. A Redfin Agent can provide a free, professional estimate based on your home’s unique characteristics, including renovations that may be missing from the MLS. The Redfin Estimate is updated daily for homes that are for sale, and weekly for those that are off the market.Mar 7, 2022 · Escrow is a legal term that means a deed, deposit, fund, or property is in the custody of a neutral third party. These third-party companies can include an escrow company, title company, or a law firm that services escrow. During the homebuying process, these companies mediate the real estate deal and hold money and the property “in escrow ... What is a Home Value Report? Prepared just for you by a Redfin Agent, your report will include our recommended selling price for your home based on local buyer demand, recent sales of similar homes, and our agent's expertise. Learn why our agents are different.Redfin has complete and direct access to multiple listing services (MLSs), the databases that real estate agents use to list properties. We use MLS data on recently-sold homes to calculate your property's current market value, making ours the most accurate online home-value estimate for on-market homes. There are currently 13,654 homes for sale in Kentucky. The median list price in Kentucky is $289,925 and the average price per square foot is $151. Escrow is a legal term that means a deed, deposit, fund, or property is in the custody of a neutral third party. These third-party companies can include an escrow company, title company, or a law firm that services escrow. During the homebuying process, these companies mediate the real estate deal and hold money and the property “in escrow ...Redfin agents have the expertise to sell your home for top dollar, and you’ll pay a low 1% listing fee when you buy and sell with us. To get started, enter your address below. You’ll answer a few quick questions and we'll be in touch within a couple of hours. Search smarter. Filter by budget, location, pet policy, and more to find exactly what you’re looking for. Compare your favorites. Check out photos, review floor plans, or take a 3D tour to narrow down your top choices.4 Beds. 2.5 Baths. 1,974 Sq. Ft. 18 Fish Ave, Albertson, NY 11507. Listing by Redfin Real Estate. Long Island Home for Sale: 3 Bedroom, 2 Bath Ranch With Large Dining Room, Living Room, Kitchen, Master Bedroom With Master Bath. $599,990.The Redfin Rental Estimate is an estimate of the fair market rental value of an individual home. Using up-to-date rental data, we look at similar properties currently listed for rent or that have recently been taken off the market. The Rental Estimate is for informational purposes only. A property’s unique condition, upgrades, and location ...4 Beds. 2 Baths. 1,731 Sq. Ft. 6611 S Cedar Ave, Fresno, CA 93725. Fresno Home for Sale: Charming 1960's Era 1,468 sq ft, 3-Bedroom, 1 3/4 -Bath Home. Nestled in a well-established neighborhood in SE Fresno. This home is the perfect blend of classic charm and contemporary convenience. The interior has been lovingly maintained and updated.The Redfin Owner Estimate is a tool for homeowners to estimate their home’s value that combines the best of machine learning and human insight. Backed by the engine that powers the Redfin Estimate, we invite homeowners to provide input about their home and neighborhood to generate an even more accurate estimate of a home’s value. How Does it Work?Jan 25, 2023 · Redfin is a low commission real estate company that offers discounted listing fees for home sellers and rebates for some buyers. But, while its core business is helping people buy and sell homes, Redfin is probably better known for its house hunting app and website. With Redfin, you can research homes for sale in 80+ markets across the U.S. The Redfin Corporation is a Seattle-based operator of a residential real estate brokerage. The company operates in more than 100 markets in the United States and Canada. [1] [self-published source] History Redfin was founded in 2004 by David Eraker, Michael Dougherty, and David Selinger.A Zestimate is Zillow’s estimated market value for a home, computed using a proprietary formula including public and user-submitted data, such as details about a home (bedrooms, bathrooms, home age, etc.), location, property tax assessment information and sales histories of the subject home as well as other homes that have recently sold in the area. The Memphis housing market is somewhat competitive. Homes in Memphis receive 2 offers on average and sell in around 38 days. The median sale price of a home in Memphis was $198K last month, up 6.9% since last year. The median sale price per square foot in Memphis is $133, up 3.9% since last year. Schools. If you're in the market for a new home, you've likely come across a few real estate websites, like Zillow or Redfin -- two of the most renowned real estate listing platforms available today. Both Zillow and Redfin allow you to search for houses according to specific criteria, like sales price and location. You can access a database of listings from the comfort of your home instead of visiting ...Using Redfin, a seller could save as much as $4500 selling a $300,000 home. That’s a substantial savings over selling with a traditional brokerage. According to Redfin, their listings sell quicker and at a higher price than the industry average. Redfin sellers usually still pay a 3% commission to the buyer’s agent.A half bath has two components or fixtures, typically one sink and one toilet. However, other layouts that could be considered half baths include one sink and one shower, one toilet and one shower, or one toilet and one bathtub. The average size of a half bath is 3-4 feet wide and 6-8 feet long, giving you a grand total of 18-24 square feet.2 Beds. 2 Baths. 1,488 Sq. Ft. 24600 Mountain Ave #139, Hemet, CA 92544. Hemet Home for Sale: A 1700 square foot manufactured Home with 3 large bedrooms, located on 10 acres, fenced, horse property, with great views of the countryside. Just 10 minutes to Temecula Wineries and shopping.Redfin Unlimited Liability Company (trade name, Redfin) is a licensed and registered real estate brokerage in British Columbia and Ontario only. If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732 . On Redfin, you can search for homes for sale in a few different ways: by neighborhood, by city, by zip code, by MLS number, or even by drawing your own search. Clicking on the search box on Redfin.com will produce a drop-down menu with your most recent searches and any saved searches you may have.

The Las Vegas housing market is somewhat competitive. Homes in Las Vegas receive 2 offers on average and sell in around 36 days. The median sale price of a home in Las Vegas was $415K last month, down 2.4% since last year. The median sale price per square foot in Las Vegas is $247, down 1.6% since last year. Schools.. Topeka

redfin what

3 Baths. 1,418 Sq. Ft. 1955 S S St SE, Washington, DC 20020. (301) 459-5040. Washington, DC Home for Sale: Welcome to your dream home in the heart of Washington, DC! This exquisite Twin-style residence boasts 3 bedrooms and 2.5 bathrooms, offering the perfect blend of modern luxury and historic charm. Redfin is one of the largest discount brokerage companies in the US. They offer sellers a 1.5% listing fee instead of the traditional 2.5% – 3% commission. Redfin also attracts buyers with their compelling rebates at closing. Redfin has another 1% listing fee alternative. If you sell and buy your home with a Redfin agent, you can avail of ...Mar 14, 2022 · A seller’s disclosure is a legal document protecting both the seller and the buyer. It protects the buyer by informing them of any issues or defects the home and surrounding property may have. It also safeguards the seller from being sued by the buyer after the transaction if the seller’s disclosure was completed correctly. What is Redfin? Redfin is a low commission real estate company that offers discounted listing fees for home sellers and rebates for some buyers. But, while its core business is helping people buy and sell homes, Redfin is probably better known for its house hunting app and website.There are currently 13,654 homes for sale in Kentucky. The median list price in Kentucky is $289,925 and the average price per square foot is $151. On average, you can cover 300-square-feet of the bottom third of your home’s street-facing facade for about $11,000 and reap a whopping 91 percent ROI, according to Remodeling magazine’s 2022 Cost vs. Value Report.Realtor.com home value estimator will offer insight into how much your home is worth. Enter your address to get an instant home value estimate. Claim your home and view home value estimates of ... The Redfin Rental Estimate is an estimate of the fair market rental value of an individual home. Using up-to-date rental data, we look at similar properties currently listed for rent or that have recently been taken off the market. The Rental Estimate is for informational purposes only. A property’s unique condition, upgrades, and location ...A purchase and sale agreement, PSA or P&S for short, is the document received after mutual acceptance on an offer. It states the final sale price and all terms of the purchase in a real estate transaction. A PSA can vary by state. They typically consist of the final sale price, earnest money details, closing date, title information, and ...11119 Dorland Dr, Whittier, CA 90606. Whittier Home for Sale: Location, location!!! This beautifully 3-bedroom, 2-bathroom, Pool, 2-car attached garage and driveway offer plenty of parking, This spacious residence is located in East Whittier, This home is situated for easy access to amenities and education. $835,000.The Redfin Corporation is a Seattle-based operator of a residential real estate brokerage. The company operates in more than 100 markets in the United States and Canada. [1] [self-published source] History Redfin was founded in 2004 by David Eraker, Michael Dougherty, and David Selinger. Redfin aims to give you an advantage by identifying Hot Homes ™ that are likely to sell quickly, so you know which homes to go see in person right away. A Hot Home is a home for sale that is expected to be among the most competitive homes on the market, according to the proprietary Redfin Hot Homes algorithm. The Hot Homes algorithm ...Bellevue Housing Market. The Bellevue housing market is very competitive. Homes in Bellevue receive 4 offers on average and sell in around 9 days. The median sale price of a home in Bellevue was $1.6M last month, up 8.6% since last year. The median sale price per square foot in Bellevue is $621, up 4.5% since last year. Trends.Jul 26, 2023 · Insurance adjusters and government officials will never ask for money, collect down payments, or charge a fee for their services. 9. Take care of your emotional health. Don’t neglect your emotional wellbeing in the wake of a flood. It’s normal to feel a variety of emotions, including sadness, frustration, and anxiety. Redfin aims to give you an advantage by identifying Hot Homes ™ that are likely to sell quickly, so you know which homes to go see in person right away. A Hot Home is a home for sale that is expected to be among the most competitive homes on the market, according to the proprietary Redfin Hot Homes algorithm. The Hot Homes algorithm ... When a home is active under contract it means that a buyer has made an offer on the home and the seller has accepted, but the sale is not yet final. When the transaction is complete, the status of the home will show that it has sold. While the property is still under contract, all contingencies must be met before the sale is finalized. .

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