Tag Archives: Redfin

Redfin commission model drawing more, better agents: Jason Aleem

By | | Uncategorized
Comments Off on Redfin commission model drawing more, better agents: Jason Aleem

Aleem, Redfin’s chief of real estate services, also said the agents who have joined since the company adopted a commission model are making more money. Continue reading →

Older buyers prioritizing lifestyle over climate risk, Redfin says

By | | Uncategorized
Comments Off on Older buyers prioritizing lifestyle over climate risk, Redfin says

In 2023, nearly 37 percent of homes bought by individuals aged 65 and older were located in areas with high risk of extreme heat, compared to 32.3 percent of homes purchased by those under the age of 35. Continue reading →

Renters feel less connected to their neighbors than homeowners

By | | Uncategorized
Comments Off on Renters feel less connected to their neighbors than homeowners

Renters are more likely than homeowners to feel disconnected from their neighbors, according to a Redfin-commissioned survey of 894 renters and 805 homeowners aged 18 to 65. Continue reading →

New appeal takes on settlement approvals of Compass, others

By | | Uncategorized
Comments Off on New appeal takes on settlement approvals of Compass, others

James Mullis has appealed the final approval of settlements totaling $110 million — a move that suggests the battle over how agents practice and get paid is far from over. Continue reading →

The big players sneakily winning the sluggish 2024 housing market

By | | Uncategorized
Comments Off on The big players sneakily winning the sluggish 2024 housing market

This year has been tough on real estate. But investors think several major companies have done enough to boost their standing — and box out key competitors. Continue reading →

What’s the rent? A whole month’s pay, 1 in 5 renters tell Redfin

By | | Uncategorized
Comments Off on What’s the rent? A whole month’s pay, 1 in 5 renters tell Redfin

Redfin report finds 22 percent of U.S. renters say they pay their all of their monthly income to afford rent. They’re borrowing money, getting a second job and pulling from retirement to cover the cost. Continue reading →

Low-risk homes appreciate as climate concerns shift the market

By | | Uncategorized
Comments Off on Low-risk homes appreciate as climate concerns shift the market

A recent Redfin analysis reveals that Americans are increasingly factoring natural disaster risk into their homebuying decisions, with homes in low-risk areas appreciating in value more quickly during the past year than those in high-risk areas. This m… Continue reading →

Back-to-back storms tank pending home sales in Florida

By | | Uncategorized
Comments Off on Back-to-back storms tank pending home sales in Florida

Increasingly violent hurricane seasons and surging home insurance costs have tanked Florida’s housing market, according to a Redfin market report published on Tuesday. Continue reading →

Housing costs force Americans earning less than $50K to sacrifice

By | | Uncategorized
Comments Off on Housing costs force Americans earning less than $50K to sacrifice

Nearly three-quarters of U.S. residents earning less than $50,000 annually are struggling to keep up with monthly rent or mortgage payments, causing many to make dramatic sacrifices to stay afloat. Continue reading →

Impact of NAR’s commission rule change illuminated in Q3 earnings

By | | Uncategorized
Comments Off on Impact of NAR’s commission rule change illuminated in Q3 earnings

In the wake of the National Association of Realtors’ 3-month-old rule change, executives are reassessing agent pay amid pressure on commissions, an analysis of Q3 earnings data shows. Continue reading →