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Q4 Renter Population Up by Less Than 1%

Q4 Renter Population Up by Less Than 1%

by Phil Hall | Mar 19, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The US was home to 45.4 million renter households during the fourth quarter of 2024, a 0.8% uptick from one year ago. According to a data report from Redfin (NASDAQ: RDFN), this is the slowest growth since the first quarter of 2023. Also during the fourth quarter, the...
Hits and Misses for the Real Estate Week of March 10-14

Hits and Misses for the Real Estate Week of March 10-14

by Phil Hall | Mar 14, 2025 | Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

HUD’s new priorities, Gavin Newsom’s financial benefactors and a pair of high-profile acquisition stories – one genuine, one not. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 10-14. Hit: DEI is DOA. Kudos to Housing...
The Most Expensive Home Sale in February Is…

The Most Expensive Home Sale in February Is…

by Phil Hall | Mar 13, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The sun was definitely shining on the Sunshine State’s luxury real estate market last month as coastal Florida boasted seven of February’s 10 highest-priced home sales, according to a new report from Redfin (NASDAQ: RDFN), which noted two estates in Southern...
Report: Typical Homeowner Stays in Residence for 11.8 Years

Report: Typical Homeowner Stays in Residence for 11.8 Years

by Phil Hall | Mar 12, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical American homeowner stays in their house for 11.8 years, according to a new data report published by Redfin (NASDAQ: RDFN). Among the major metro areas, Los Angeles led the nation with homeowners holding onto their houses the longest – a median tenure of...
Report: America’s Wealthiest 1% Could Buy Up 99% of the Nation’s Homes

Report: America’s Wealthiest 1% Could Buy Up 99% of the Nation’s Homes

by Phil Hall | Mar 11, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report from Redfin (NASDAQ: RDFN) has reached the conclusion that the wealthiest 1% of Americans have the financial capacity to buy 99% of the nation’s homes. How does that work? According to Redfin, the combined value of nearly 100 million American homes...
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