Tag Archives: Redfin

The average US home is now selling below its list price, Redfin says

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The average list-to-sale ratio clocked in under 100 percent for the first time since March 2021 in August, according to new data released Thursday by Redfin. Continue reading →

Here’s how Redfin’s Glenn Kelman became a reality TV star

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Kelman and other real estate “tycoons” star in a “Shark Tank”-inspired competition called “Buy My House.” The show debuts Friday on Netflix. Continue reading →

Millennial and Gen Z renters are getting walloped by inflation: Study

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Gen Z and millennial renters who took on a new lease in July have personal inflation rates of 11.6 percent year over year, according to a new analysis by Redfin released Thursday. Continue reading →

Buyers are leaning on contingencies to bail out of deals, Redfin CEO says

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During his latest appearance on CNBC, Redfin CEO Glenn Kelman shared how buyers and sellers are locked in a battle of the wills as the market slowly shifts in buyers’ favor. Continue reading →

More people moving into drought-prone areas than out: Study

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Roughly $17 trillion worth of property analyzed for the study had experienced intense drought in August, up 42 percent from a year earlier when $12 trillion worth of property had experienced it. Continue reading →

What does ‘housing recession’ even mean? Economists don’t really know

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The phrase “housing recession” has exploded in popularity, according to an analysis of search terms. But pinning down what it means and where it originated is surprisingly difficult, experts told Inman. Continue reading →

Qualia’s new API could help companies scale digital title ops

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Qualia API users can automatically place and track title orders and access order, accounting and contact data to build custom notifications and performance dashboards. Continue reading →

Get ready for ‘real estate mogul’ Glenn Kelman, reality TV star

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The Redfin CEO joins Corcoran CEO Pamela Liebman and other industry professionals in a “Shark Tank”-like real estate show called “Buy My House” to debut in September on Netflix. Continue reading →

Falling list prices hit pandemic hot spots hardest, new Redfin study says

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Nationally, more than 15 percent of homesellers dropped list prices in July across the 97 metro areas analyzed by Redfin, with Boise, Denver and Salt Lake City seeing the greatest share of cuts. Continue reading →

Following 6-month slowdown, the home-sale boom may finally be over

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Home sales were down 19 percent year over year in July, a sign the pandemic-era boom in housing demand may be in the rearview mirror, according to new data released Monday by Redfin. Continue reading →