Investor purchases of homes shout up by 3.4% year-over-year in the second quarter, according to new data from Redfin (NASDAQ:RDFN). This marked the largest increase since the second quarter of 2022. Investors acquired $43 billion worth of homes in the second quarter,...
The average teacher can afford 47.9% of apartments for rent within commuting distance of their school, up from 40.7% in 2023 but down from 58% in pre-pandemic 2019, according to a new data report from Redfin (NASDAQ:RDFN). However, the average teacher can only afford...
The median asking rent declined year-over-year across all bedroom counts in July, according to new data from Redfin (NASDAQ:RDFN). This marks the first occurrence for across-the-board rent declines since June 2020. Median asking rents for 0- to 1-bedroom apartments...
The number of US renter households in the second quarter grew 1.9% year-over-year, according to a new data report from Redfin (NASDAQ:RDFN). The renter growth is more than three times faster than the number of homeowner households, which grew 0.6% in the second...
First-time homebuyers in 237 cities are finding the typical starter home is priced at $1 million or higher, according to new data from Zillow (NASDAQ:Z, ZG). Five years ago in the pre-pandemic housing market, only 84 cities offered $1 million starter homes....
Altisource’s Foreclosure Auction Inventory Surges as Service Revenue …
