Twenty-two homebuyers across 19 states were added to the list of plaintiffs in the Batton case Tuesday while eXp continued to push for a delay in a separate commission case known as Gibson.
by Taylor Anderson Nov 27
This year has been tough on real estate. But investors think several major companies have done enough to boost their standing — and box out key competitors.
by Daniel Houston Nov 25
Redfin report finds 22 percent of U.S. renters say they pay their all of their monthly income to afford rent. They're borrowing money, getting a second job and pulling from retirement to cover the cost.
by Taylor Anderson Nov 22
Increasingly violent hurricane seasons and surging home insurance costs have tanked Florida's housing market, according to a Redfin market report published on Tuesday.
by Marian McPherson Nov 19
In the wake of the National Association of Realtors' three-month-old rule change, executives are reassessing agent pay amid pressure on commissions, an analysis of Q3 earnings data shows.
by Jim Dalrymple II Nov 12
Seattle-based brokerage and portal Redfin's third-quarter revenue grew 3 percent year over year to $278 million. However, the company's net losses ballooned 77.8 percent, according to Thursday's earnings.
by Marian McPherson Nov 07
Anywhere Real Estate, Redfin, eXp World Holdings and seven more of the nation's largest real estate companies are set to release quarterly data on Thursday that could illuminate their fitness in 2025.
by Taylor Anderson Nov 07
Judge Stephen R. Bough, who ruled on Sitzer | Burnett, said Gibson deals "provide a significant financial recovery to the Settlement Class in light of the strengths and weaknesses of the case."
by Andrea V. Brambila Nov 05
Thirty-eight percent of early voters said housing affordability influenced their presidential vote. Harris voters (43 percent) were more likely to care about housing than Trump voters (29 percent), Redfin said.
by Marian McPherson Nov 04
Only 32.1 percent of renter households currently pay less than $1,000 in monthly rent — a sharp decline from 35.2 percent in 2022 and 50.4 percent in 2012, according to an analysis from Redfin released Wednesday.
by Richelle Hammiel Oct 31
Commissions have been slowly declining over the past decade, but since the NAR settlement terms went into effect this summer, buyer's agent commissions have seen little impact.
by Lillian Dickerson Oct 31
Nearly a fourth of first-time homebuyers are delaying their plans due to election anxiety, according to Redfin's latest market analysis published on Tuesday. The Seattle-based portal teamed with market research company Ipsos to survey 1,802 homeowners and renters on their sentiments about the real estate market. Of the 491 respondents who said they plan to purchase their first home within the next 12 months, 23 percent said they're pausing their plans until after Election Day.
by Marian McPherson Oct 15