One of every six (16.7%) home sellers dropped their asking price in August, up from 15.9% one year earlier. According to data from Redfin, this marked the highest share for August in records dating back to 2012. The typical home that sold in August went for 3.8% less...
Luxury home sale prices were up by 3.9% year-over-year to a median $1.25 million, a record high for the month of August, according to new data from Redfin. Luxury home prices grew nearly three times faster than non-luxury home prices, which increased 1.4% to a median...
The attorneys general of Arizona, Connecticut New York, Virginia, and Washington are following the lead of the Federal Trade Commission (FTC) in suing Zillow (NASDAQ: Z, ZG) and the Rocket Companies (NYSE: RKT) division Redfin over their $100 million rental housing...
The Federal Trade Commission has filed a lawsuit against Zillow (NASDAQ: Z, ZG) and the Rocket Companies (NYSE: RKT) for what the agency described as “an unlawful agreement that eliminates Redfin as a competitor in the market for placing advertising of rental housing...
The typical starter home sold for a record $260,508 in August, a 2.2% year-over-year increase, according to new data from Redfin. In comparison, mid- and high-price home prices grew 1.4% and 2.7% over the same period, respectively, to near-record highs of $370,000 and...
FHA Sets Lowest-Score Rule for Multiple Credit Models Ahead of January 1 Sh…
