Contrary to the “Field of Dreams” catchphrase, new apartment complexes are being built but not that many people are coming to rent units. According to new data from Redfin (NASDAQ:RDFN), less than half (47%) of newly constructed apartments that were completed in the...
A typical Black household can only afford a starter home in 10 of the nation’s 50 most populous metros, according to a new report from Redfin (NASDAQ:RDFN). In comparison, the typical White household can afford a starter home in 32 of the 50 metros. For its report,...
Seattle-headquartered Redfin (NASDAQ:RDFN) has added several enhancements to Redfin Redesign, its AI-powered home design tool. Introduced last December and powered by the room visualization platform Roomvo, Redfin Redesign enables buyers and sellers to upload a photo...
A new data analysis by Redfin (NASDAQ:RDFN) has determined only 39% of renters are earning enough to afford the median-priced apartment. During May, the $1,653 median apartment asking rent in May was $47 below its record high. According to the new data analysis, the...
Two new data reports have found housing supply is starting to outpace demand, with a surge of new listings being seesawed by a growing deficit of buyers. Zillow (NASDAQ:Z, ZG) is reporting new listings of houses rose by nearly 13% from one year ago, while the level...
Trump Approves Emergency Aid for 76 Georgia Counties After Hurricane Isaias
