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...
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...
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...
Newly built homes accounted for 28% of single-family homes for sale during the third quarter, according to new data from Redfin (NASDAQ: RDFN). This is down from 30.5% one year earlier and the lowest share in three years. The record high for newly built single-family...
The Aug. 17 rule change by National Association of Realtors (NAR) on commissions appears to have minimal impact on how buyer’s agents are paid. According to new data from Redfin (NASDAQ: RDFN), the average buyer’s agent commission for homes sold in October was...