Inventory across all housing types fell 0.8% from the month previous and 12% year over year to 1.25M units. Nonetheless, home sales are expected to exceed 6 million by the end of the year
by Lillian Dickerson Nov 22
Multi-million dollar salaried athletes like Stephen Curry and Tiger Woods can save up enough money for the average priced American home within a few hours, a new study shows
by Lillian Dickerson Nov 18
Opinion
Seasonality and the Zillow exit will certainly impact this, but for the time being, iBuyers are at an all-time high, with Opendoor leading the pack
by Mike DelPrete Nov 17
Privately owned housing starts dipped 0.7% in October while single-family housing starts dropped 3.9%, according to US Census Bureau residential construction data
by Lillian Dickerson Nov 17
EXp founder Glenn Sanford said his company should have half a million agents in 5 years. We asked some experts if that was realistic
by Jim Dalrymple II Nov 17
Investors purchased a record 18.2% of US homes, amounting to a new high of $63.6B in homes during the third quarter of 2021, according to a new Redfin analysis released Monday
by Lillian Dickerson Nov 16
Amid the continued shattering of annual sales pace records, inventory also took a slight hit during October, a report from realtor.com shows
by Lillian Dickerson Nov 10
Opinion
This move that has significant implications for the real estate industry. Here's why
by Mike DelPrete Nov 3
Slowed contract signings in September are a likely sign that home price growth will soon come back down to earth, NAR Chief Economist Lawrence Yun said
by Lillian Dickerson Oct 28
The S&P/Case-Shiller US National Home Price Index remained virtually unchanged since July, when gains rose 19.7% while continuing a 15-month streak of upward growth
Opinion
Other iBuyers saw the signals and made adjustments while Zillow kept on buying; either it missed the signs or proceeded anyway. Regardless, it’s a timely reminder that growing an iBuyer business is challenging
by Mike DelPrete Oct 19
A new study by Redfin found that in the areas impacted by California's 5 largest wildfires between 2010 and 2020, home values grew at a rate of 21 percent, slightly slower than the surrounding markets
by Libertina Brandt Oct 11
Compass' growth over the past 3 years has been remarkable. It is one of the fastest growing real estate brokerages of all time — yet its stock price continues to decline
by Mike DelPrete Oct 7
The majority of respondents in a recent realtor.com survey said the threat of a natural disaster played a role in where they looked for a new home
by Libertina Brandt Sep 30
The median asking price of newly listed homes for sale surged 12% year over year to a record high of $361,250, according to a Redfin report
by Lillian Dickerson Sep 29
Annual price growth soared 19.7% in July, extending a 14-month streak of increases while marking the highest rate of growth since Case-Shiller began recording the data in 1987