The median monthly housing payment reached a record high of $2,747 during the four weeks ending April 7, according to new data from Redfin (NASDAQ:RDFN). This marked an 11% year-over-year upswing. Redfin attributed this situation […]
Older Americans who own their home are financially incentivized to stay put, which is likely to worsen the ongoing inventory shortage, two Redfin studies found. In one recent survey, Redfin found that over three-quarters […]
The Seattle-headquartered Redfin (NASDAQ:RDFN) announced the beta launch of Ask Redfin, a generative AI-powered virtual assistant designed to answer homebuyers’ questions about homes for sale. According to the company, Ask Redfin will provide in-depth information […]
One-third (33%) of Black millennials own their home, compared to two-thirds (65%) of White millennials, according to a new data analysis by Redfin (NASDAQ:RDFN). This represents the largest disparity gap in homeownership among any generation. Redfin determined […]
Real estate brokerage Redfin revealed signs of progress in its fourth-quarter 2023 earnings report, signaling a potential turnaround after facing challenges earlier in the year. Fourth-quarter 2023 revenues at Redfin fell 2% year over […]
The cost of owning a condominium in Florida has shot up significantly in recent months, prompting a wave of homeowners to offload their properties. The cost of homeowners insurance has surged in Florida as […]
The preference that older Americans have for aging in place in their own homes is showing up in broader trend data, according to a new report from Redfin. While “homeowner tenure” has fallen slightly […]
Real estate investors purchased 26.1% of the lowest-priced homes for sale in the U.S. in the fourth quarter of last year, according to a report by Redfin. It was the highest share ever recorded […]
The median U.S. asking rent reached $1,964 in January, rising by 1.1% year over year, according to a Redfin report. While rent growth was positive in January, it remains a far cry from the […]
If there is a theme song for some of today’s outbound migration trends, it could be The Hollies’ “All I Need is the Air That I Breathe” – a new data report by Redfin (NASDAQ:RDFN) found that […]
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