Roughly a year after launching its new agent payment plan, Redfin has announced that it is…
Tag: Redfin
Redfin’s latest layoff round hits brokerage services biz
Seattle-based real estate brokerage Redfin imposed a new round of layoffs on Thursday, a development first…
Investors bought one in six homes sold in Q2 2024: Redfin
Although the U.S. housing market may have slowed during the second quarter of the year, investors…
Redfin CEO reacts to housing market with ’Twilight Zone’ conditions
Redfin CEO Glenn Kelman said Tuesday on the company’s second-quarter 2024 earnings call that he expects…
Buyer agent commissions down to 2.55% since the NAR settlement
The typical U.S. home seller pays a 2.55% commission to the real estate agent hired by…
The share of ‘stagnant’ listings is rising: Redfin
Sales of both new homes and existing ones have declined, and it’s affecting how long homes…
Young voters are concerned about housing. But ‘malaise’ may last years: Politico
Data on the intersection between housing issues and politics is clear: in 2024, housing is an…
Brokerage defendants file motion to dismiss Batton 2 suit
The remaining brokerage defendants in the Batton 2 homebuyer commission lawsuit filed a joint motion to…
Home price growth slows to lowest level since January 2023: Redfin
U.S. home prices are growing at their slowest pace in nearly a year and a half,…
U.S. home sales fall to historically low level: Redfin
Elevated mortgage rates, high home prices and a lack of for-sale listings continue to hamper U.S.…