An acute lack of affordable homeownership opportunities, another lawsuit challenging broker commissions and a Frank Lloyd Wright-designed house that changed hands for the first time since 1955. From the wild and wooly world of real estate, here are the hits and misses...
The share of homebuyers looking to move to a different metro area declined for the third straight month in November, according to new data from Redfin (NASDAQ:RDFN). The 23.9% share recorded last month is down from 24.1% one year ago, which is both the lowest share in...
Only 15.5% of homes for sale in 2023 were affordable for the typical U.S. household, according to new data from Redfin (NASDAQ:RDFN). This presents a drop from 20.7 in 2022 for a new record low; prior to the pandemic, more than 40% of homes were affordable. Redfin...
The median asking rent in November declined 2.1% from one year ago to $1,967, according to new data from Redfin (NASDAQ:RDFN). This represents the biggest annual drop since February 2020; the decline from October was 0.6%. “Renters are finally catching a break,” said...
Redfin (NASDAQ: RDFN) has unveiled Redfin Redesign, an AI-powered tool that enables consumers to change the appearance of walls, floors and countertops in their home photos. With Redfin Redesign, a consumer selects an eligible home their Redfin search results and then...