Brokerages, tech companies and mortgage providers all saw massive losses as the market soured at the end of 2022. But some leaders did have a few tricks up their sleeves. Continue reading
Migratory waves over the past three years due to the pandemic have caused homeownership tenure to decline modestly, but an uptick is expected thanks to a rise in mortgage rates, Redfin data shows. Continue reading
As companies report their Q4 and full-year earnings, industry-watchers read the tea leaves for indications of what’s working now — and what’s likely to happen next. Continue reading
New data from John Burns and Redfin shows that investor activity slowed toward the end of 2022 but still accounted for about a quarter of home sales. That’s up from about 11 percent in 2001. Continue reading
Analysts gave Zillow an “overweight” rating, which means they expect Zillow to outperform peer companies. The report also sets Zillow’s share price target at $48 by December of this year. Continue reading
In its latest real estate market report on Wednesday, Redfin said the total market value for U.S. homes dropped $2.3 trillion from June to December 2022 — the largest six-month drop since the Great Recession. Continue reading
Redfin Premier services will now be available to homebuyers across 28 markets. The brokerage also announced new designs for its Redfin Premier Agent profiles and listings. Continue reading
Consumer Federation of America: Despite an NAR rule change, only Redfin displays buyer-agent compensation in virtually all of the major cities examined. Continue reading
The portal and online brokerage saw revenue fall 25 percent year over year during the fourth quarter of 2022, and lost a total of $61.9 million, according to an earnings call Thursday afternoon. Continue reading
Large publicly traded real estate companies are about to share their numbers from the most brutal quarter in years. Analysts are bracing for the worst — and watching to see who can thrive. Continue reading