Tag Archives: Redfin

Redfin is beta testing its new AI search assistant Ask Redfin

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Ask Redfin, an artificial intelligence assistant for homeshoppers, is now in beta testing on the company’s mobile iOS search experience. Continue reading →

The biggest wins, losses and news from Q4 2023 earnings

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Real estate’s Q4 earnings calls have finally wrapped. From RE/MAX’s CEO exit to Airbnb’s $10 billion year, we’ve rounded up the top stories all in one place. Here’s what you might have missed. Continue reading →

Opendoor’s partnership with eXp officially goes live

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The companies’ integrated technology will streamline the process to make Opendoor cash offers available to eXp’s tens of thousands of agents. Continue reading →

US housing market posted record-setting value growth in 2023

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Despite slowing sales, the value of the U.S. housing market experienced record-breaking growth in 2023, according to Redfin’s latest housing report. The total value of 90 million U.S. homes rose from $45.1 trillion in December 2022 to $47.5 trillion in… Continue reading →

Redfin’s focus on cost-cutting begins to pay off in Q4 earnings

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Redfin continued its recovery during the fourth quarter, with revenue declining 2 percent year over year to $218.1 million — a near 180 from its Q1 and Q2 showings where annual revenue declines topped 20 percent.  Continue reading →

Redfin in crosshairs as new lawsuit targets buyer-broker commissions

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California resident Andrea Freedlund is suing on behalf of homesellers who paid a buyer agent in the four years before Redfin announced it was leaving NAR, according to a suit filed in federal court. Continue reading →

CoStar maintains winning streak and grows revenue yet again in Q4

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CEO Andy Florance touted his company’s residential portal Homes.com as the “fastest growing residential property site in the United States” in a new earnings report released Tuesday. Continue reading →

WATCH: Andy Florance takes aim at ‘Ziltorfin’ business tactics

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CoStar Group founder and CEO Andy Florance called Zillow, Realtor.com and Redfin pushback against Homes.com traffic numbers “bait and switch” business tactics as he addressed criticism about Homes.com’s astronomical website traffic growth during the la… Continue reading →

Rising rates and home prices stifle January market: Redfin

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The Federal Reserve’s policy shift depressed homebuyer and homeseller activity in January, according to Redfin. Monthly new and active listing growth dropped to the lowest levels since last summer. Continue reading →