A new Clever Offers report reveals a 30-point gap between what sellers expect and what actually happens: 72% of future sellers expect offers over asking, but only 42% of recent sellers got them.
Learn why the Real Estate Word of the Year 2024 is ‘compensation’—plus, more buzzwords shaping the industry post-NAR settlement.
A new Redfin report shows the U.S. asking rent dropped for the third consecutive month, falling 0.8% year over year in December 2024 to $1,964. By region, asking rents rose in the Midwest and Northeast; they fell in the West and South.
A new Redfin report shows nearly a third of all U.S. homes for sale (30.6%) are newly built, marking the highest share of any third quarter on record.
Learn the five concessions that home buyers and sellers are willing to negotiate on in the current housing market.
A new report from Redfin shows the median U.S. asking rent for August at $2,052—$2 less than the record high set one year earlier. Despite near-record rents, landlords in some parts of the U.S. are offering concessions to attract renters as vacancies rise.
A new Redfin report shows new builds account for nearly one-third (31.4%) of available inventory—the highest second-quarter share on record.
A new Redfin report shows a rise in seller concessions — with 45% of sellers providing incentives for buyers, with a record 13% of sales involving both price cuts and concessions.
A new Redfin report shows a record share of sellers giving concessions to buyers, especially in metros that saw explosive growth during the pandemic.
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