The number of Redfin.com users who searched for a property outside of where they currently live rose to 31.1 percent during the second quarter, up from 27.6 percent the year before. Continue reading
As the official start to summer approaches, agents say the market is less chaotic than a few weeks ago, and more high-end luxury properties, in particular, seem to be available and lingering on the market longer. Continue reading
That figure represents the largest share of homes purchased in all-cash since 2014, according to a Redfin report. Continue reading
Homes also sold at their priciest and quickest pace on record during June, but Redfin said that sales pace and market competition have now likely peaked for 2021. Continue reading
New lending rules and a return to the office may have dented the prolific rise in demand for second-home loans, according to new data. Continue reading
Buyer fatigue and a growing home inventory may have contributed to a reduction in bidding wars in June, according to Redfin agents. Continue reading
Redfin report found that 52 percent of Hispanic homeowners lived with family or friends without paying rent to save for housing costs. Continue reading
The DOJ has withdrawn from the proposed settlement with NAR, but all that brings to focus is that NAR has been fighting for commission while letting the industry slide in the public’s opinion thanks to the low barrier of entry, disruptors and focusing … Continue reading
While most mortgage executives continue to see direct-to-consumer lenders like Rocket Mortgage as their biggest competition, mortgage brokers are seen as an increasingly worthy rival. Continue reading
During the pandemic, home prices in car-dependent markets grew twice as fast as home prices in transit-accessible markets, according to a new report by Redfin. Continue reading