Florida dominated the luxury real estate market in December, with six of the 10 priciest home sales of the month originating in the Sunshine State. According to data from Redfin, the month’s most expensive sale – a five-acre compound in coastal Miami – was also the...
Redfin CEO Glenn Kelman announced he is stepping down from his leadership role, six months after his company was acquired by Rocket Companies (NYSE: RKT). In a post on LinkedIn, Kelman wrote, “It’s just hard to go because I love Redfin. The billion dollars in...
Mortgage rates started 2026 on with a mild uptick, according to the Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate averaged 6.16% as of Jan. 8, up slightly from last week when it averaged 6.15%. A year ago at this time, it...
Coastal Florida and the Los Angeles metro area dominated the category of the most expensive home sales of 2025. According to data from Redfin, these two markets accounted for eight of the 10 most expensive sales last year. An oceanfront estate in Hawaii and a Bay Area...
As the first anniversary of the Los Angeles County wildfires approaches, two new data reports offer an overview of the catastrophe’s impact on the local housing market. Redfin reports real estate investors are buying roughly 40% of the land selling in areas impacted...