Renters feel less connected to their neighbors than homeowners

Renters are more likely than homeowners to feel disconnected from their neighbors, according to a Redfin-commissioned survey of 894 renters and 805 homeowners aged 18 to 65. Continue reading

Commissions held steady after Aug. 17, Redfin study shows

Commissions have been slowly declining over the last decade, but since the NAR settlement terms went into effect this summer, buyer’s agent commissions have seen little impact. Continue reading

Florida’s biggest insurer hands off 600k policies as new storm comes

The Florida Legislature-created Citizens Property Insurance Corporation has been so overwhelmed with new insurance policies in recent years that regulators have approved proposals for private insurers to take over more than 600,000 of those policies. Continue reading

More and more homes are languishing on the market

In August, nearly half of all U.S. homes had been on the market for 60 days or more, according to Redfin. Days on market has ticked up as high rates have slowed sales. Continue reading

Housing inventory is roaring back to life. So why aren’t new listings?

Inventory is rising again, according to an analysis of housing data. But agents are still scrounging. Hundreds of brokers and agents shared what’s working in the latest polling from Inman Intel. Continue reading

Housing inventory is climbing back. So why are leads still lagging?

Inventory is rising again, but agents are still scrounging for new listings. Hundreds of brokers and agents shared what’s working in still-tight markets in new responses from the Intel Index survey. Continue reading

Floridians grapple with insurance changes as hurricane season nears

Seventy percent of Florida homeowners — or the area in which they live — have been impacted by changes to cost or coverage of home insurance in the last year, according to a report issued Wednesday by Redfin. Continue reading

2024 Spring Outlook: Another tight market, this time with extra anxiety

As the first day of spring arrives, three economists shared with Inman why headwinds will continue to plague the housing market in 2024, long after a recovery was expected to revive U.S. home sales. Continue reading

Buyers’ market to usher in ‘season of hope’ in 2024, Redfin projects

Falling home prices and mortgage rates are on tap for buyers and sellers — not to mention a presidential election that could hinge on housing issues, according to Redfin’s outlook for 2024. Continue reading