Tag Archives: Redfin

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

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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 →

Vacation home demand near 7-year low due to costs, employer policies

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Mortgage-rate locks on second homes were down 47 percent from their pre-pandemic levels in Aug. 2023 as market factors have made owning a second home more costly and complicated in the last year, Redfin reported. Continue reading →

Rent remains near record highs, but the balance of power is shifting

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At $2,052, the median monthly rent remains near its all-time high. But builders are wrapping up construction on thousands of new units, and rents could start falling soon. Continue reading →

Pocket listings are thriving 4 years after NAR sought to end practice

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Pocket listings are positively overflowing nearly four years after the National Association of Realtors enacted its controversial Clear Cooperation policy to end them, a new Intel analysis shows. Continue reading →

DelPrete: Legacy brokerages make strides, but upstarts have the edge

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Shifts in the housing market are exposing underlying changes and the strengths and weaknesses of existing business models, including upstarts like The Real Brokerage, Mike DelPrete writes. Continue reading →

Investor activity keeps slowing down from pandemic-era highs

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Phoenix, Las Vegas and other Sunbelt metro areas saw the biggest slowdowns in investor activity as high rates and low demand cooled activity nationwide, according to reports. Continue reading →

Redfin President of Real Estate Services Adam Wiener is moving on

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In a memo to employees, Redfin CEO Glenn Kelman said the 15-year veteran of the company will serve as an advisor after his final day on Sept. 8. Redfin has no plan to fill the vacated position. Continue reading →

Real estate has trimmed its losses. But ‘winter is coming’: DelPrete

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Even as real estate companies cut costs and narrowed losses in the second quarter of 2023, the third quarter may deliver the truest test of their financial mettle, Mike DelPrete told Intel. Continue reading →