Tag Archives: Redfin

Compass recruits top-performing Redfin agent in Washington

By Jim Dalrymple II | June 5, 2024 - 9:42 pm |June 5, 2024 Uncategorized

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Hal Bennett is based in the Seattle metro area. He joins Compass as brokerages continue to compete for top agent talent. Continue reading →

Microsoft’s mysterious real estate portal sparks data safety concerns

By Marian McPherson | June 4, 2024 - 9:00 am |June 4, 2024 Uncategorized

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Industry watchers are sounding the alarm about Microsoft’s Bing Real Estate, a site that for several months has been reposting listings from Zillow, Realtor.com and Redfin without explanation. Continue reading →

Renters are staying put for longer as housing costs rise

By Ben Verde | June 3, 2024 - 4:38 pm |June 3, 2024 Uncategorized

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Affordability continues to create challenges for would-be buyers, keeping renters in place for longer, according to a new report from Redfin. Continue reading →

Sellers are cutting prices at record pace to combat softening demand

By Marian McPherson | May 30, 2024 - 8:33 pm |May 30, 2024 Uncategorized

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Sluggish homebuyer activity has pushed sellers to adjust their price expectations, according to Redfin’s latest report. The median asking price declined for the first time in six months to $416,000. Continue reading →

‘It’s an arms race’: How portals are adapting to the commission crunch

By Marian McPherson | May 28, 2024 - 9:00 am |May 28, 2024 Uncategorized

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The upending of NAR’s cooperative compensation rule is a double-edged sword for Zillow and its rivals, experts told Inman. These are the tools and tactics they’re adopting to suit the moment. Continue reading →

Redfin launches free rental tool for independent property owners

By Marian McPherson | May 24, 2024 - 5:57 pm |May 24, 2024 Uncategorized

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The “List My Home for Rent” tool is available in 13 US markets and is tailored to property owners with fewer than 10 rentals. The listings will be syndicated to the Rent.com marketplace later this year. Continue reading →

One-third of homes on the market are newly built

By Ben Verde | May 21, 2024 - 4:07 pm |May 21, 2024 Uncategorized

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A new report found that 33.4 percent of single-family homes for sale in the United States during the first quarter were new builds. Continue reading →

Sun Belt cities see fastest rent deflation amid building boom

By Ben Verde | May 17, 2024 - 5:53 pm |May 17, 2024 Uncategorized

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Nine of the 10 cities with the steepest drops in rent in April were in the Sun Belt, according to Redfin. Continue reading →

Redfin expands new compensation plan to agents in 25 more markets

By Marian McPherson | May 17, 2024 - 3:18 pm |May 17, 2024 Uncategorized

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With the expansion, Redfin Next is now available to agents in 36 markets nationwide, according to an announcement Friday. Redfin execs said the plan has “proven to be even better” than expected. Continue reading →

Investor purchases increased for the first time in 2 years during Q1

By Ben Verde | May 16, 2024 - 4:47 pm |May 16, 2024 Uncategorized

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Real estate investors bought roughly 44,000 homes during the first quarter of 2024, a 0.5 percent uptick from a year ago. Continue reading →