Lazy homesellers are skipping repairs and cashing out — for now

Thanks to high demand and low supply, sellers don’t have to do much to their homes to attract buyers — and often don’t. But that could change, real estate agents told Inman. Continue reading

RedfinNow becomes first major iBuyer to launch in Chicago

The expansion follows RedfinNow’s recent moves into other northeastern markets, including Baltimore, Washington, D.C., and Boston. Continue reading

Redfin adds ClimateCheck risk data to its website

The news comes on the heels of RealScout and Ojo Labs also adding ClimateCheck data to their listings portals in recent months as consumers become increasingly concerned about climate change risk factors when buying a home. Continue reading

Redfin-owned RentPath names ParkMobile chief exec as new CEO

Jon Ziglar, formerly the CEO of ParkMobile, will lead the newly acquired RentPath’s growth strategy, product expansion and listing integration into the Redfin platform. Continue reading

IBuyer offers are clocking in at an average of 104% of market value

Amid a highly competitive market in the first half of 2021, iBuyers began making more competitive offers and expanding the range of homes they were willing to purchase. Continue reading

Agents should probably learn to play nice with institutional investors

Institutional investors are a growing presence in the housing market. The savvy agent should learn their ways — even if it feels unnatural. Continue reading

Selling to buy? It should get easier in coming weeks, report says

Conditions should start to improve for buyers while remaining great for sellers if current trends hold, according to a new Redfin report. Continue reading

Investor home purchases exceed pre-pandemic levels, hit record high

Investors purchased 67,943 US homes during the second quarter, for a total value of $48.5B, the highest figure on record, according to Redfin. Continue reading

Redfin’s head of industry relations moves to Realogy

In her new role, former Redfin Head of Industry Relations Caitlin McCrory will lead Realogy’s industry advocacy and strategic policy efforts. Continue reading