As the cost of buying a home has risen faster than the cost of renting for…
Tag: Redfin
As the lock-in effect eases, the market for new homes is shrinking
As high mortgage rates reshape the housing market, existing homes are making up a larger percentage…
Redfin looks to arbitrate or dismiss video privacy suit
Redfin is taking a stand against the video privacy lawsuit filed against it by Guillermo Mata.…
First-time buyers hampered as starter homes become much less affordable
Starter homes are more affordable to the average American than they were a year ago, but…
Redfin Next agent payment plan will be offered nationwide
Roughly a year after launching its new agent payment plan, Redfin has announced that it is…
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…