Redfin

The U.S. housing market has gotten so out of whack, with demand far outpacing supply, that prices have risen to record levels and roughly half of all U.S. houses are selling for above their list price. read more >

The price of “luxury homes” in the United States rose 0.7 percent in fourth-quarter 2016 compared with the year-earlier quarter, reaching an average of $1.6 million. read more >

William Porterfield — a long-time executive broker at Pike Realty Group and then executive broker for Blackwood Realty, both of Little Rock — has been appointed to head Redfin’s central Arkansas operation as market manager and principal broker. read more >