Lack of family, friend support keeps LGBTQ+ buyers behind: Redfin

Redfin’s latest survey of 5,000 buyers and renters reveals LGBTQ+ consumers disproportionately struggle with a lack of family support, saving a down payment and finding communities that protect gender, sexual and racial diversity. Continue reading

Redfin leaving NAR says everything about why we need more choices

“It’s been far too long since the established practices were set in place, and with the changing times, it’s not just real estate agents who need to pivot to remain successful,” writes broker Mayleene DeFreece. Redfin’s departure from NAR reminds us of… Continue reading

Andy Florance: Bombshell lawsuits will upend Zillow’s business model

CoStar CEO Andy Florance dished with Intel about the commission lawsuits, nemesis Zillow and NAR as Homes.com nabbed 100 million unique visitors for the first time ever in September. Continue reading

CoStar’s Homes.com beats Redfin, Realtor.com to become No. 2 portal

In a sign of the listing portal’s growing influence, Homes.com hit more than 100 million unique visitors in September, sparking a 1,290 percent annual increase in traffic. Now the portal is second only to Zillow. Continue reading

Nantucket home sells to Barstool’s Dave Portnoy for record $42M

Portnoy’s waterfront home purchase set a new record for Nantucket and the state of Massachusetts. The estate features a main house, guest house and studio that are connected by an underground tunnel. Continue reading

Redfin leaves NAR — and calls on its brokers and agents to follow suit

In a message to employees on Monday, Redfin CEO Glenn Kelman cited NAR’s harassment scandal and other grievances as reasons for calling on 1,800 Realtors to cancel memberships. Continue reading

Glenn Kelman sees silver lining in sales spiral: ‘It can’t go much lower’

Redfin CEO Glenn Kelman said Tuesday on CNBC that as sales continue to decline, the company will need to cut costs strategically and respond to economic challenges one day at a time. Continue reading

Record share of homebuyers flee into the path of climate change

Research shows that people are concerned about the changing climate’s impact on their hometowns, but they’re more concerned about a lack of housing affordability, according to a new report from Redfin. Continue reading

Return-to-office policies aren’t the only reason people are moving

In-office requirements are an emerging factor in the real estate market, with fewer and fewer companies willing to accommodate remote work, according to a new report by Redfin. Continue reading