The Bank of Mom and Dad is helping to keep the housing market afloat – a new survey from Redfin determined nearly one-quarter (23.8%) of young Americans who recently bought a home tapped into family money to help cover their down payment. The typical homebuyer’s down...
The median asking rent in June dropped by 0.5% year-over-year to $1,642, according to data from Redfin. This marked the fourth straight month of annual declines. On a month-over-month basis, asking rents rose 0.6%. June’s median asking rent is $63 below the $1,705...
Fewer Canadians are venturing south in search of American residential properties, according to a new data report from Redfin. The number of Canadian Redfin.com users searching for homes in the US on Redfin.com was down 26.4% year-over-year in May. The decline took an...
The median condo sale price in May was $354,1000, a 2.2% year-over-year decline and the second largest drop since data recording began in 2012, according to a new report by Redfin. The only time condo prices posted a larger year-over-year decline was the 2.95 drop in...
Detroit-headquartered Rocket Companies (NYSE: RKT), has completed its $1.75 billion acquisition of Redfin. With the closure of the acquisition, Redfin has adopted a new brand identity as “Redfin Powered by Rocket.” The companies also introduced Rocket Preferred...
Hurricane Isaias Strikes Florida Panhandle as $71.8 Billion in Commercial P…
