Buyers are returning to the market — and sellers are following: Redfin

This week, the Redfin Homebuyer Demand Index, the brokerage’s in-house gauge of buyer activity, hit its highest level since September, rising 21 percent from an October low, new data shows. Continue reading

Young renters’ inflation rate lower than general population: Study

Gen Zers and millennials who signed new leases in December saw their cost of goods and services increase 5.6 percent and 6.1 percent, respectively, according to a new report by Redfin. Continue reading

Real estate agents of TikTok say a big market shift is afoot

All across the country, real estate agents are posting positive signs of change from the trenches and revealing they’re suddenly dealing with packed open houses and intensifying bidding wars. Continue reading

Redfin builds on app feature with ‘Favorites Lists’ for buyers, renters

Redfin’s new website and app feature will allow homebuyers and renters to save their favorite properties in customized lists and share them with their home search partner to stay organized. Continue reading

Engel & Völkers says hello to Carolina foothills with 3 new shops

Two of the shops will be located in Morganton and one in Nebo, North Carolina. License partners Steve and Polly Leadbetter will lead all three. Continue reading

Pending home sales trend up for first time since last spring

In a positive sign for the real estate industry — and the spring homebuying season — pending home sales rose in December for the first time since May 2022, increasing 2.5 percent from November. Continue reading

Compass went public 2 years ago. Can it recover from its stock slump?

Compass went public in April 2021, and ever since then the New York-based brokerage has weathered a market downturn and seen investors’ appetite for shares fall significantly. Continue reading

These are the mistakes that thwart brokers’ success

Panelists at Inman Connect New York on Tuesday said that brokers err by not having written plans, not being flexible and other shortcomings. Continue reading