The real estate industry added 10,000 jobs in March
The industry saw a healthy increase in jobs in March, following a tougher month of 4,500 job losses. The US as a whole also saw its greatest number of job gains since August
Homes have literally never been more expensive
The median listing price for US homes hit $370,000 in March, according to a new report. That's higher than it has ever been in the past
by Jim Dalrymple II Apr 1
5 people to watch at Redfin as the company moves into a new era
Redfin is about to get a new second-in-command, all the while continuing its efforts to be consumers' preferred one-stop real estate shop
by Jim Dalrymple II Apr 1
A house in Washington, DC, nabbed 88 offers — 76 of them all-cash
At least 15 of the offers on the suburban fixer upper were made sight unseen. The situation highlights the brutally competitive housing market buyers are facing across the U.S.
by Jim Dalrymple II Mar 30
Beyond the headlines: What to expect with rising mortgage rates
Opinion
Looking for a little clarity on the news? Windermere Chief Economist Matthew Gardner dives into recent housing data releases and predicts how the market will fare
by Matthew Gardner Mar 30
Rents rise in suburban and rural areas, remain flat in urban centers
Recent data from Zumper shows that suburban and rural rents grew 5 to 7 percent more than urban rents over the last year. However, some secondary cities that thrived during the pandemic are now starting to see rent declines
by Lillian Dickerson Mar 29
America's hottest neighborhoods: Oak Park in Sacramento, California
Oak Park is well located, filled with trendy shops and more affordable than many other amenity-rich neighborhoods in California
by Jim Dalrymple II Mar 29
5 people to watch at Zillow as the company moves toward Zillow 2.0
The C-suite is full of names familiar to the industry, but there are other key cogs in the Zillow machine who get less recognition
by Patrick Kearns Mar 25
The magic of Disney spurs surge in Orange County Airbnb bookings
Airbnb bookings in the area surrounding Disneyland jumped 73% when the theme park announced its April 30 reopening
by Lillian Dickerson Mar 24
How much are iBuyers paying for customer acquisition?
Opinion
Customer acquisition costs for major iBuyers is roughly similar at $3,000-$4,000, which is about 2-4X more than Redfin
by Mike DelPrete Mar 24
New home sales hit 9-month low in February
February's seasonally adjusted annual rate of 775,000 was down 18.2% from January's revised rate of 948,000
by Lillian Dickerson Mar 23
Whatever happened to Trump Mortgage?
In the early 2000s, Trump made a short-lived foray into the world of residential and commercial lending. The housing bubble ultimately doomed the venture, and its legacy was a long-running lawsuit
by Jim Dalrymple II Mar 22
America's hottest neighborhoods: The North End in Boise, Idaho
The North End has hiking trails, coffee shops and tree-lined streets. Those amenities have helped make it eminently livable, and one of the hottest neighborhoods in the US
by Jim Dalrymple II Mar 22
What this spring means for real estate: Buyers beware
Industry professionals painted a picture of a competitive market that only stands to get more intense as the weather gets nicer and more buyers come out this spring
by Lillian Dickerson Mar 19
IBuyers are willing to lose billions to gain market share: DelPrete
Opinion
The point is that Zillow and Opendoor are actively losing money to gain market share, and if you're in the real estate industry, concerning yourself with disruptors willing to lose billions is a good use of time
by Mike DelPrete Mar 18
Number of homes sold above list price soared in February: Redfin
The median home sale price in the US rose 14.4% to $336,200 in February