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Homeowners Staying Longer in Their Houses

Homeowners Staying Longer in Their Houses

by Phil Hall | Feb 14, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Prospective buyers in the market for an existing home are finding themselves in an environment where more homeowners are not eager to move out. The typical U.S. homeowner has spent 11.9 years in their home, up from 6.5 years two decades ago, according to new data from...
New Study Finds Poor Air Quality Powers Outbound Migration

New Study Finds Poor Air Quality Powers Outbound Migration

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

If there is a theme song for some of today’s outbound migration trends, it could be The Hollies’ “All I Need is the Air That I Breathe” – a new data report by Redfin (NASDAQ:RDFN) found that 1.2 million more people moved out of than into metros facing high risk from...
Survey: One-Third of Agents Report Clients Moved Due to Local Laws and Politics

Survey: One-Third of Agents Report Clients Moved Due to Local Laws and Politics

by Phil Hall | Feb 6, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly one-third (32%) of real estate agents had at least one client who moved in the last year out of unhappiness with local laws or politics, according to a survey commissioned by Redfin (NASDAQ:RDFN). The survey of 500 real estate agents from multiple U.S....
Redfin Debuts Sign & Save as Refund Program for Home Buyers

Redfin Debuts Sign & Save as Refund Program for Home Buyers

by Phil Hall | Feb 2, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Redfin (NASDAQ:RDFN) has introduced Sign & Save, which the Seattle brokerage described as “a new way for consumers to get a better deal in real estate.” According to the company, home buyers who sign up to work with a Redfin agent before the second home tour can...
Luxury Home Prices Hit Record Peak

Luxury Home Prices Hit Record Peak

by Phil Hall | Jan 31, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical U.S. luxury home sold for a record $1.17 million during the fourth quarter of 2023, according to new data from Redfin (NASDAQ:RDFN), an 8.8% year-over-year increase. In comparison, prices of non-luxury homes increased at half the pace, rising 4.6%...
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