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Survey: 1 in 5 Homebuyers Sell Stocks to Finance Their Down Payment

Survey: 1 in 5 Homebuyers Sell Stocks to Finance Their Down Payment

by Phil Hall | Apr 8, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new survey from Redfin (NASDAQ: RDFN) has found one in five (20%) prospective homebuyers are expecting to sell stocks to help fund their next down payment. Among homeowners, Redfin found roughly one in eight (13%) said they sold stocks to help fund their down...
Two-Thirds of Condos Sold at Less Than Asking Price in February

Two-Thirds of Condos Sold at Less Than Asking Price in February

by Phil Hall | Apr 3, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

February was a rough month for the condominium market, with roughly two-thirds (68.4%) of these properties selling for less than their original asking price, according to new data from Redfin (NASDAQ: RDFN). This is up from 63.3% a year earlier and the highest...
Survey: Only 21% of Agents Would Recommend a Career in Real Estate

Survey: Only 21% of Agents Would Recommend a Career in Real Estate

by Phil Hall | Apr 2, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Nearly half of real estate agents said it was unlikely for them encourage others to join their profession, according to the 2025 Industry Survey published by Redfin (NASDAQ: RDFN). In a survey that polled 500 agents between last December and January, 49.8% of...
Report: 1 in 5 Homes Sold for More Than Their Original List Price

Report: 1 in 5 Homes Sold for More Than Their Original List Price

by Phil Hall | Apr 1, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Last month, 20.5% of homes nationwide – roughly one in five – sold for above their original list price, according to new data from Redfin (NASDAQ: RDFN). This is down from a 22.8% share recorded one year earlier. Nearly two-thirds of transactions (64.2%) were closed...
Rocket Companies Acquires Mr. Cooper for $9.4 Billion

Rocket Companies Acquires Mr. Cooper for $9.4 Billion

by Phil Hall | Mar 31, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Detroit-headquartered Rocket Companies (NYSE: RKT) has announced its acquisition of the Dallas-based mortgage servicing and origination leader Mr. Cooper Group Inc. (NASDAQ: COOP) in an all-stock transaction for $9.4 billion in equity value. According to the...
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