Listing agents using Zillow 3D Home tours no longer have to manually add their tours to Redfin. This is the second partnership between the real estate search portal rivals since 2019. Continue reading
The dip in competition can be attributed to the increase in mortgage rates, which reached 5.3 percent in May after starting March at just 3.76 percent. Continue reading
In the first quarter of 2022, just under 45 percent of Black families owned their home, compared to 74 percent of white families, according to a Redfin analysis of U.S. Census Bureau data released Tuesday. Continue reading
Rising mortgage rates, booming home prices and scant inventory are pushing homebuyers to quicken their plans, according to Redfin’s latest market report. Continue reading
The trade group highlighted its own members — including Zillow, Compass, Redfin, Homie, Opendoor and Offerpad — among those whom it’s competing with for consumer mindshare. Continue reading
Fifteen percent of homesellers dropped their asking price during the four-week period ending May 1, compared to 9 percent of sellers last year. Continue reading
Revenue, market share, web users and homes sold by RedfinNow all rose. But the company reported a $90.8 million net loss in a Q1 earnings call on Thursday. Continue reading
Redfin has reached a settlement with the National Fair Housing Alliance in its discrimination case after nearly two years. The brokerage will pay $4 million along with making several policy changes. Continue reading
A new educational program will give Keller Williams’ agents a diversity certification to help work with a more diverse pool of clients. Continue reading
EXp Realty took the top spot for transaction sides. Both it and Compass grew sides and volume by hundreds of percent over the past year, according to real estate analysis and consulting firm T3 Sixty. Continue reading