Tag Archives: Redfin

Share of homebuyers looking to move cities hits new high

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Homebuyers have been dropping out of the market. Of the ones who are still in, more are eyeing a cross-city relocation, Redfin data suggests. Continue reading →

The internet fell hard for real estate in 2021. But can the love affair last?

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Nearly three years after Saturday Night Live declared “real estate is your sex now” in a popular Zillow parody, mind share around the industry is sagging, according to an Intel analysis of traffic data. Continue reading →

Redfin’s return to office shows unique stress for US office market

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Experts expect U.S. companies to adjust remote work policies in the coming 6-12 months as the office market suffers. “Our cultures are different around work-life balance,” said CBRE’s Julie Whelan. Continue reading →

Redfin CEO says housing sales volume has hit ‘rock bottom’

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Redfin CEO Glenn Kelman on Wednesday told MarketWatch that current transaction levels — sustained primarily by people who absolutely need to move — are about as low as they ever get. Continue reading →

Texas, Florida buyers are trading civil rights for affordability: Redfin

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Residents in Florida and Texas would rather live in states with abortion care and LGBTQ rights, but affordability worries force them to stay in their current states, according to a new Redfin survey. Continue reading →

In crucial Q2, real estate separated wheat from the chaff: Intel analysis

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The biggest publicly traded brokerages and tech companies significantly slashed losses in the second quarter, restoring investor confidence, according to an exclusive Intel analysis of Q2 earnings data. Continue reading →

A stock analyst reveals the 2 big winners from Q2 earnings season

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Among the publicly traded real estate enterprises to release second-quarter earnings reports this month, two companies stood out for John Campbell, a managing director at analytics firm Stephens. Continue reading →

Nearly 1 in 9 US homes command $1M as luxury prices soar in June

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The share of U.S. homes valued at $1 million or more stopped shy of a record notched last summer as high mortgage rates and low inventory drove home prices upward in June, a Redfin analysis shows. Continue reading →

Worth of US homes nears $50T as real estate values hit all-time high

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The total worth of homes in the United States hit a record high of $46.8 trillion in June, overtaking the prior all-time high of $46.6 trillion set a year earlier, according to the analysis by Redfin Friday. Continue reading →

Redfin flirts with exclusive listings amid Clear Cooperation takedown

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Redfin Senior Director of Brokerage Operations Joe Rath and NextHome CEO James Dwiggins said during an Inman Connect panel that pocket listings have proliferated since Clear Cooperation. Continue reading →