A new Redfin report shows a majority of U.S. homeowners and renters say housing affordability will impact their vote in this year’s presidential election.
Here’s BAM’s roundup of Q4 and full year 2023 financial results for the biggest names in real estate.
This week in BAM brings another California commissions lawsuit, the math behind keeping your pipeline full, a $2M listing from one letter, 3 steps to a standout listing video, a new BAM YouTube channel, and 9 relatable Instagram posts for content inspo.
A new Redfin report shows a 5% annual increase in value for the U.S. housing market—amounting to $2 trillion in growth over the past year—as the national housing shortage props up home prices.
A new Redfin report shows homeowner tenure has doubled since 2005, mainly due to older Americans aging in place. But tenure still falls short of the 2020 peak.
According to a new report from Redfin, real estate investors bought 26% of the low-priced U.S. homes that sold in Q4 2023—the highest share on record.
Homes.com is investing over $1 billion to launch the biggest marketing campaign in real estate, starting at the biggest advertising stage in America with FOUR Super Bowl commercials. And that’s just the beginning.
A new Redfin report shows a $40,000 increase in purchasing power for homebuyers on a $3,000 monthly budget since mortgage rates peaked last fall.
A new report from Redfin on homeownership shows empty nester boomers own twice as many large U.S. homes as millennials with children. As more of these empty nesters decide to downsize, agents have a unique opportunity to match-make.
A new Redfin report shows fewer American homeowners were locked into mortgage rates below 6% in Q3 2023 compared to a year before. And a recent Steve Harney Tweet highlights plausible reasons for the diminishing power of the lock-in effect as a deterrent.
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 just 16% of homes listed in 2023 were affordable for the typical homebuyer—the lowest share on record, down from 21% in 2022. Affordability is expected to improve in 2024 as mortgage rates drop and supply increases.
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