Redfin-owned RentPath names ParkMobile chief exec as new CEO

Jon Ziglar, formerly the CEO of ParkMobile, will lead the newly acquired RentPath’s growth strategy, product expansion and listing integration into the Redfin platform. Continue reading

IBuyer offers are clocking in at an average of 104% of market value

Amid a highly competitive market in the first half of 2021, iBuyers began making more competitive offers and expanding the range of homes they were willing to purchase. Continue reading

Agents should probably learn to play nice with institutional investors

Institutional investors are a growing presence in the housing market. The savvy agent should learn their ways — even if it feels unnatural. Continue reading

Selling to buy? It should get easier in coming weeks, report says

Conditions should start to improve for buyers while remaining great for sellers if current trends hold, according to a new Redfin report. Continue reading

Investor home purchases exceed pre-pandemic levels, hit record high

Investors purchased 67,943 US homes during the second quarter, for a total value of $48.5B, the highest figure on record, according to Redfin. Continue reading

Redfin’s head of industry relations moves to Realogy

In her new role, former Redfin Head of Industry Relations Caitlin McCrory will lead Realogy’s industry advocacy and strategic policy efforts. Continue reading

Americans still want to relocate — even as pandemic fears dwindle

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

Transitioning into summer, high-end properties are seeing a cool down

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

Percentage of all-cash home purchases in US soars to 30%

That figure represents the largest share of homes purchased in all-cash since 2014, according to a Redfin report. Continue reading