Sen. Elizabeth Warren (D-MA) has taken aim at the Trump administration for failing to question Rocket Companies’ (NYSE: RKT) recent acquisition announcements and for seeking to privatize Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC). Reuters reports Warren...
A total of $698 billion worth of US homes are listed for sale as of April, according to new data from Redfin (NASDAQ: RDFN). This marks a 20.3% increase from one year ago and the highest dollar amount recorded since Redfin began tracking this data in 2012. This new...
Nearly half (49%) of newly built apartments completed in the fourth quarter of 2024 were rented within three months, up slightly from 47% the previous quarter. According to a new data report from Redfin (NASDAQ: RDFN), this marked the fifth consecutive quarter that...
The housing market’s supply-and-demand imbalance has tilted in favor of homebuyers, according to a pair of new data reports. Redfin (NASDAQ: RDFN) reports there is currently an estimated 1.9 million home sellers nationwide competing for an estimated 1.5 million...
The condo market has become so bad – pause for a “Match Game”-style response of “How bad is it?” – that nearly seven in 10 (68%) condos sold below list price in the first quarter, the lowest share in five years. Furthermore, new data from Redfin (NASDAQ: RDFN) found...