Despite cooling housing market, pending sales continue to climb

During the four-week period ending Sept. 5, pending sales rose 6 percent from a year earlier, according to a report released Wednesday by Redfin. Continue reading

Offerpad stock surges on second day of trading as iBuyers see gains

Offerpad’s stock spiked 27 percent on Tuesday before settling back down to $10 per share as investors continued to show interest in iBuyers. Continue reading

Redfin extends iBuyer service into select areas in Atlanta, Nashville

With these latest moves, the Seattle-based brokerage is now offering instant cash offers to sellers in 27 markets throughout the country. Continue reading

Florida cities see heightened interest from buyers on the move

Three Florida cities found themselves among the top migration destinations for Redfin website users in July. Continue reading

NAR President to Realtors: Wear masks, social distance

With the coronavirus pandemic continuing to wreck havoc on the U.S., National Association of Realtors President Charlie Oppler urged real estate professionals to wear masks and said he is encouraged by growing vaccination rates. Continue reading

Extreme seller’s market shows more signs of leveling off: Redfin

The typical home price has been holding roughly steady for weeks as inventory continues its slow path to recovery. Continue reading

Mortgage lender offers $500 discount to applicants who get COVID vaccine

“Neat believes that vaccinated individuals are making a crucial impact on the wellbeing of our community,” the company said in announcing the discount on closing costs to vaccinated applicants for purchase loans or refinancing. Continue reading

Offerpad launches in Columbia area as it expands through Carolinas

The move is part of the iBuyer’s continued expansion efforts as it prepares to go public later this quarter, a spokesperson said. Continue reading

Keller Williams Pres. Marc King on a hot market, iBuying and that IPO

Marc King believes price appreciation will have to slow compared to what has happened over the past year. But he’s confident that real estate agents will survive today’s period of disruption. Continue reading

Compass nears profitability, outperforms competition: Mike DelPrete

The hot real estate market has fueled strong growth across the industry. Compass’ growth is noteworthy, and it demonstrates that though the industry moves slowly, some players move faster than others. Continue reading