Increasing supply and waning demand are putting downward pressure on rental prices, according to a new report from Redfin. The median U.S. asking rent rose 2.4% year over year to $1,942 in January, the smallest increase since May 2021 and the lowest level in nearly a year. That’s roughly one-sixth the pace of January 2022, […]
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The Seattle-headquartered Redfin (NASDAQ:RDFN) has become the latest brokerage to announce a settlement of lawsuits related to claims of inflated broker commissions – in this case, a $9.25 million agreement. The company agreed to the […]
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