Tag Archives: Redfin

Luxury home sales soar 42% year over year

By Veronika Bondarenko | April 21, 2021 - 3:33 pm |April 21, 2021 Uncategorized

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Homes with a median sales price of $925,000 outperformed all other property classes, according to data analyzed by Redfin. Continue reading →

The next big mortgage industry disruptor? Blockchain and NFTs

By Kelsey Ramírez | April 15, 2021 - 8:52 pm |April 15, 2021 Uncategorized

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Title companies saw a surge in 2020, but one economist predicts they may soon become obsolete as blockchain makes its way into the mortgage industry. Continue reading →

March was the hottest month in housing history

By Marian McPherson | April 15, 2021 - 3:13 pm |April 15, 2021 Uncategorized

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The median home price rose 17 percent annually to $353,000, according to Redfin’s March housing report. Nearly half of homes sold above asking price. Continue reading →

RedfinNow launches in Tucson, Ariz., resumes service in Las Vegas

By Marian McPherson | April 14, 2021 - 8:11 pm |April 14, 2021 Uncategorized

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Redfin has launched its iBuyer services in Tucson, Arizona, and restarted service in parts of Las Vegas, according to an announcement on Tuesday. RedfinNow now operates in 22 markets nationwide. Continue reading →

64% of March home sales included bidding wars: Redfin

By Marian McPherson | April 14, 2021 - 4:50 pm |April 14, 2021 Uncategorized

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Redfin’s latest market report reveals just how far buyers must go to secure a home. Single-family listings garnered the most bids followed by townhomes. Continue reading →

Inventory insanity: Why are there no homes for sale in America?

By Jim Dalrymple II | April 12, 2021 - 9:00 am |April 12, 2021 Uncategorized

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Inventory has been tight for a long time now, but this spring agents across the country are seeing something different — and more difficult. Continue reading →

Borrowers locking in mortgages for second homes surged 128%

By Kelsey Ramírez | April 8, 2021 - 8:38 pm |April 8, 2021 Uncategorized

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The annual rise in demand for second homes is nearly quadruple the 34 percent year-over-year gain for primary homes, according to a new report from Redfin. Continue reading →

Compass, Redfin, and eXp are America’s next top brokerage models: DelPrete

By Mike DelPrete | April 7, 2021 - 4:21 pm |April 7, 2021 Uncategorized

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A deeper look at the rapid rise of Compass, eXp Realty and Redfin reveals a trio of insightful growth stories — which may very well shape the future of America’s real estate landscape. Continue reading →

Redfin finalizes $608M RentPath acquisition earlier than expected

By Marian McPherson | April 5, 2021 - 3:43 pm |April 5, 2021 Uncategorized

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Redfin has acquired RentPath nearly two months after CoStar Group paid RentPath a $52 million break-fee for a failed acquisition in 2020. Continue reading →

Median home-sale price reaches all-time high of $335,613

By Marian McPherson | April 2, 2021 - 4:08 pm |April 2, 2021 Uncategorized

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Although the market is currently red-hot, Redfin’s latest report released on Friday revealed that homebuyers may give up as home prices continue to grow. Continue reading →