iBuyers still on slow road to recovery: Redfin

iBuyers purchased 0.3 percent of all homes sold across 418 U.S. metro areas analyzed by Redfin during the fourth quarter of 2020, down from 0.8 percent of all homes sold the year before. Continue reading

Agents in southern states on board with economic reopening

The pandemic is not over, but a handful of governors in southern states are gradually reopening their economies. Agents mostly agreed that it’s time. Continue reading

Market snapshot: Texas and COVID-19

Texas real estate saw a significant slowdown in market traffic once the COVID-19 pandemic arrived, but since then, indications of a hopeful market have emerged. Continue reading

Flipped home sales rose in 2019, but profits dropped

House flips reached their highest point since 2006 last year, but the business of home flipping saw its worst year since the Great Recession, with returns hitting an 8-year low. Continue reading

Flipped home sales rose in 2019, but profits dropped

House flips reached their highest point since 2006 last year, but the business of home flipping saw its worst year since the Great Recession, with returns hitting an 8-year low. Continue reading

Redfin launches video home tours amid coronavirus worries

CEO Glenn Kelman published a blog post detailing what Redfin is doing to serve worried buyers and sellers in COVID-19 impacted areas. Continue reading

Could Texas lead the way in solving the homeless problem?

Two private sector-led efforts to address the homeless problem in Austin and San Antonio, Texas, are showing promise. Other cities around the country could follow their lead. Continue reading

iBuying giant Opendoor to begin offering home loans

iBuying behemoth Opendoor announced Thursday that it has launched its own mortgage lending service, marking the company’s latest move to completely upend the real estate industry. Opendoor Home Loans is now live in Texas markets Dallas-Fort Worth, Aust… Continue reading

Perch pulls in $220M in latest funding round

New York City-based iBuyer Perch announced on Tuesday the completion of a $220 million Series B funding round with $20 million in equity funding and $200 million in debt financing. Continue reading