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Survey: Most Buyers Move to Find a Bigger and Better Home

Survey: Most Buyers Move to Find a Bigger and Better Home

by Phil Hall | Nov 20, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Why do people want to move? A new survey from Redfin (NASDAQ: RDFN) determined people are in search of bigger and better surroundings – as well as finding a cheaper place to live. In a survey of 1,802 adults, respondents cited a desire for more space (31.2%) as the...
Survey: Most People Earning Under $50,000 Struggle to Afford Housing

Survey: Most People Earning Under $50,000 Struggle to Afford Housing

by Phil Hall | Nov 18, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly three-quarters (74%) of US residents who earn less than $50,000 per year report struggling to cover their mortgage or rent payments, according to a new survey from Redfin (NASDAQ: RDFN). From the 1,802 people polled for the survey, nearly one-quarter (24%) said...
Redfin CEO to Trump: We Need More Homes Now!

Redfin CEO to Trump: We Need More Homes Now!

by Phil Hall | Nov 15, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Glenn Kelman, the CEO of Redfin (NASDAQ: RDFN), has a message for President-elect Donald Trump: Start powering the push for new home construction. Neither Kelman nor Redfin publicly endorsed Trump’s campaign. But in a blog posting on the Redfin website titled...
Report: Renter Households Growing at Record Pace

Report: Renter Households Growing at Record Pace

by Phil Hall | Nov 5, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number of renter households in the third quarter totaled a record 45.6 million, a 2.7% year-over-year increase, according to new data report from Redfin (NASDAQ: RDFN). This growth rate is three times faster than the 0.9% increase in homeowner households, which...
Report: Housing Affordability a Top Concern Among 2 in 5 Early Voters

Report: Housing Affordability a Top Concern Among 2 in 5 Early Voters

by Phil Hall | Nov 4, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Just under two in five (38%) voters who cast early ballots as of Nov. 1 housing affordability impacted their presidential pick, according to a data report from Redfin (NASDAQ: RDFN). In a survey of 1,002 voters conducted on Oct. 31 and Nov. 1, 43% of respondents who...
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