October existing home sales rose 1.6% month over month and are on track to finish this year higher than last year.

But Redfin agents report some would-be homebuyers ... On the selling side, new listings of homes for sale rose 3.4%, in line with the increases we’ve seen over the last several months.

Whales with a lot of money to spend have taken a noticeably bullish stance on Redfin. Looking at options history for Redfin ...

Nicole Stewart, Redfin Premier agent in Boise, ID “Buyers are more cautious; they know they have some time to wait on the sidelines because listings are sitting on the market longer than usual.