Less than three in 10 homebuyers (29%) bought a home in an all-cash transaction in December, according to a data report from Redfin. This is down from 30.3% a year earlier and the lowest December share since 2020. The peak for all-cash homebuying was nearly 35% in...
A baseball team gets evicted from its stadium, a five-year-old lawsuit is settled, and a pizza chain loses 250 stores. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Feb. 2-6. Miss: A Truly Foul Ball. At a time when many...
Redfin announced the launch of its real estate app in ChatGPT. According to the Seattle-based brokerage, ChatGPT users can tap into the app to ask specific housing questions and refine their search as they go without re-entering criteria. To connect to Redfin’s app in...
The median luxury home sale price reached $1.31 million in December, a 4.6% year-over-year increase, according to a new report from Redfin. By comparison, non-luxury prices rose 1.4% over the same period to $375,000, marking the slowest growth in records dating back...
The typical homebuyer who acquired a home for below the list price in 2025 enjoyed a 7.9% discount on the purchase, the largest since 2012. According to data from Redfin, one in four homebuyers who snagged discounts came away with 10% or more off the list price....