A record 32.3% of Redfin.com users nationwide sought to move to a new metropolitan area during the first quarter of 2021 as housing prices and mortgage rates continue to climb. Continue reading
After helping Redfin’s iBuyer business navigate a period of change, Jason Aleem is now tasked with leading its sales team into the next era. Continue reading
In a brief filed last week, the National Association of Realtors suggested an ongoing lawsuit waged by Designworks Homes could lead to lawsuits “against homeowners who make or display floor plans of their own homes.” Continue reading
Demand for vacation homes dropped sharply in March — the second straight month a decline was recorded as mortgages ramped up above 5 percent, according to a new analysis by Redfin. Continue reading
Thirty-two percent of renters surveyed in a poll conducted by Redfin say they rent because they can’t afford to buy a home, while 45 percent said debt was the main factor keeping them from homeownership. Continue reading
Regulators say the iBuyer misrepresented a home and didn’t get the proper permits for another. Its license was suspended for 18 months, but the North Carolina Real Estate Commission has stayed the suspension, allowing Opendoor to continue operating. Continue reading
The move will see Opendoor make cash offers in 17 counties in the two Northeastern states. New York City is not included in the expansion. It also brings Opendoor’s market count to 46. Continue reading
The deal to purchase the California-based national mortgage lender accelerates the brokerage’s strategy to become a one-stop shop for buying, selling, renting and financing a home. Continue reading
Competition for condos has been fierce in the past year as buyers once again looked for homes nearer their cities’ urban centers. This follows an early-pandemic softening in the market segment. Continue reading
This week: Byron Lazine and Nicole White offer insights on a “savagely unhealthy” housing market, longer homeownership tenures and the most popular time to search for homes. Continue reading