Redfin survey finds 24% of Americans are canceling major purchases like a home or car due to economic uncertainty, some of that tariff-related, while 32% are delaying plans. Even more concerning: 34% don’t have an emergency fund to cover housing payments.
A new Redfin report finds homebuyers must now earn $116,633 to afford a median-priced home—81.8% more than the $64,160 renters need to cover their monthly payment.
On last Friday’s Knowledge Brokers Podcast, special guest Greg Schwartz, Founder & CEO of Tomo Mortgage, warned agents about becoming pawns in the real estate game. Here’s how to stay in control, protect your clients, and build a business that thrives.
Rocket Companies is acquiring Redfin in a $1.75B deal, merging home search and mortgage services to create a seamless, tech-driven homebuying experience.
AccountTECH’s latest data shows real estate commission rates stabilizing just five months after the NAR Settlement, while Redfin reports shifts based on home price—rising for affordable homes and dipping for luxury properties.
Redfin’s analysis of U.S. Census Bureau data reveals that 33.6% of renters have stayed in the same home for at least five years—up from 28.4% a decade ago.
Redfin’s latest survey reveals that 22% of Americans are more likely to move post-election, with over a third considering relocating to another country. Democrats, young adults, and renters are leading the trend.
Some of the biggest names in real estate reported their financial and operational results for the third quarter ending September 30, 2024. Here are the highlights.
Redfin’s latest analysis reveals record growth in renter households, up 2.7% year over year, growing three times faster than homeowner households as rising home prices and high mortgage rates push more Americans toward renting.
Redfin’s latest report shows how housing affordability influenced early 2024 voter choices, with 38% citing it as a factor in the presidential race—particularly among Kamala Harris voters.
Judge approves $110M settlements for Compass, Redfin, and seven other brokerages in the Gibson/Umpa commission lawsuit, marking one year since the Sitzer/Burnett verdict.
The Park City Board of Realtors has decided not to enforce NAR’s Clear Cooperation Policy, raising questions about its impact on agents and consumers in the luxury real estate market.
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