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Florida and California Homeowners Report Higher Level of Problems with Insurance Carriers

Florida and California Homeowners Report Higher Level of Problems with Insurance Carriers

by Phil Hall | Apr 17, 2024 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homeowners in Florida and California have seen a disproportionately high level of disruptions to their home insurance coverage, according to a new data study from Redfin (NASDAQ:RDFN). The new Redfin-commissioned survey by Qualtrics was conducted in February and...
Hits and Misses for the Real Estate Week of April 8-12

Hits and Misses for the Real Estate Week of April 8-12

by Phil Hall | Apr 12, 2024 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

An upswing in housing costs, a renewed concern over real estate agent safety and a tax hike for Boston’s commercial properties. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 8-12. Miss: A Dent in the Wallet....
Study: 38% of Renters Believe They’ll Never Own a Home

Study: 38% of Renters Believe They’ll Never Own a Home

by Phil Hall | Apr 12, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly two in five (38%) renters don’t believe they’ll ever own a home, according to a new survey by Redfin (NASDAQ:RDFN). This is up from roughly one-quarter (27%) less than a year ago. Nearly half (44%) of renters who don’t believe they’ll buy a home in the near...
Redfin: Monthly Housing Payments Set New Record

Redfin: Monthly Housing Payments Set New Record

by Phil Hall | Apr 11, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median monthly housing payment reached a record high of $2,747 during the four weeks ending April 7, according to new data from Redfin (NASDAQ:RDFN). This marked an 11% year-over-year upswing. Redfin attributed this situation to elevated home prices and mortgage...

Nearly 20% of San Francisco Home Sellers Take a Loss on Their Sale

by Phil Hall | Apr 10, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Roughly one of five (17.8%) homes that sold in San Francisco during the three months ending Feb. 29 was sold at a loss, according to new data from Redfin (NASDAQ:RDFN). This is comparable to the 17.9% share recorded during the three months ending Jan. 31, which was...
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