Zillow’s iBuyer misstep will soon be ‘a distant memory’: Mike DelPrete

Within the context of long-term industry disruption, Zillow’s loss may simply be an embarrassing detour on its inexorable march to transform real estate. Continue reading

How the luxury housing market became invincible in 2021

Luxury real estate agents reported having record years, and high-end properties have grown to become a larger and larger share of the overall market this year. Continue reading

Redfin CEO, Zillow pour cold water on TikToker’s iBuyer theory

A recent viral video suggested iBuyers could jack up the prices of homes. But one expert called the theory “fairly conspiratorial,” and iBuyers themselves said they still have a tiny share of the market. Continue reading

Annual apartment rent growth, occupancy hit new highs in July

The new highs surpassed records set between 2000 and 2001. As of July, the average monthly apartment rent in the U.S. hit $1,549. Continue reading

What agents should know about working with institutional investors

Formerly a commercial real estate agent, Dan Noma, Jr. has focused his work on institutional investors for more than a decade. Here, he shares what he’s learned and why agents should consider this sector of the industry. Continue reading

Investor home purchases exceed pre-pandemic levels, hit record high

Investors purchased 67,943 US homes during the second quarter, for a total value of $48.5B, the highest figure on record, according to Redfin. Continue reading

Americans still want to relocate — even as pandemic fears dwindle

The number of Redfin.com users who searched for a property outside of where they currently live rose to 31.1 percent during the second quarter, up from 27.6 percent the year before. Continue reading

Phoenix sees biggest housing shortage, NYC biggest surplus

A new report shows that cities in the South and West don’t have enough housing, while expensive metros might have too much. Continue reading

Love that pre-war architectural charm? Head to the East Coast

Buyers can get pretty opinionated when it comes to a home’s age and architectural style. Here’s a breakdown of where the country’s oldest and newest homes are located, and everything in between. Continue reading