Tag Archives: Redfin

71% of real estate agents didn’t close any deals last year

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At Inman Connect New York, Redfin’s Joe Rath broke down the views of active agents in the industry, who make up less than a third of all Realtors. Continue reading →

Umansky, Dwiggins clash in heated debate over Clear Cooperation

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While on stage at Inman Connect New York, Mauricio Umansky argued that Clear Cooperation stifles competition. Meanwhile, James Dwiggins said the rule puts the customer first. Continue reading →

Redfin lays off 46 employees at Seattle HQ

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Seattle-based brokerage Redfin has begun the year by laying off 46 employees, including managers in its headquarters, program, and field leadership roles. No agents were part of the layoffs, a spokesperson told GeekWire, which broke the news Thursday a… Continue reading →

Home tours are on the rise — but buyers aren’t making offers

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Mortgage rates continue to be a thorn in homebuyers’ side into the new year, as evidenced by a downturn in contract signings despite greater home tour activity. Redfin’s latest market report revealed its Homebuyer Demand Index, a seasonally adjusted me… Continue reading →

34% of homeowners say they’ll never sell their home: Redfin

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Rising home prices and elevated mortgage rates are keeping would-be homesellers out of the market, according to Redfin’s latest consumer insights. Redfin partnered with Ipsos to survey 1,802 U.S. adults about their housing choices. Continue reading →

Robert Reffkin predicts the end of Clear Cooperation in 2025

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The Compass CEO, long a critic of the polarizing NAR rule, believes that the real estate industry as a whole will finally come around to his view in the near future. Continue reading →

New listings rise while high rates tamp down homebuyer demand

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New listings rose 8 percent toward the end of the year, but high mortgage rates and home prices have kept buyers on the sidelines as homes spend more time on market, reports say. Continue reading →

Housing inventory hits post-2020 high as unsold homes linger

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In November, active listings rose 0.5 percent month over month and 12.1 percent year over year, according to Redfin’s analysis. Continue reading →

QUIZ: How well do you remember the big real estate stories of 2024?

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Scandals, lawsuits, Fed rate cuts and iconic listings made headlines this year and kept the real estate industry buzzing. Now, let’s see how well you recall these standout moments of 2024. Continue reading →

EXp Realty CEO Leo Pareja’s 6 big takeaways from an ‘unusual’ year

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This year has had its ups and downs, including the NAR settlement, DOJ scrutiny and copycat suits. Here are eXp CEO Leo Pareja’s top takeaways from 2024. Continue reading →