Slightly under one-third (32.6%) of home purchases in 2024 were all-cash transactions, according to new data from Redfin (NASDAQ: RDFN). This is down from 35.1% in 2023 and the lowest share since 2021. Prior to the pandemic, the share of all-cash sales ranged from 25%...
DOGE’s impact on Washington, Greenland hijinks and Redfin’s under the radar layoffs. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Feb. 10-14. Hit: Getting It Done. Earlier this week, the Department of Housing...
A new data report from Redfin determined that housing supply in January was at its highest level since 2020, but demand for housing was at its lowest level since 2020. Pending home sales in January dropped to their lowest recorded level aside from the start of the...
Redfin (NASDAQ: RDFN) is planning to cut 450 employees following its new rental listings partnership with Zillow (NASDAQ: Z, ZG). The Seattle-based company did not release a press statement on the layoffs but instead buried the news in a filing with the Securities and...
The average home listing is now selling for 1.8% its asking price, the biggest discount in nearly two years, according to a new data report from Redfin (NASDAQ: RDFN). Adding insult to injury, the typical home that sells takes 56 days to go under contract, the longest...
Zillow Cuts Its Late-2026 Home Sales Outlook as Rents Accelerate
