More than 1 in 3 sellers lowered their asking price last month, according to Redfin
Early fall numbers are in, reflecting a proliferation of stale listings, delistings and deep discounts to get sellers to the closing table
While non-luxury homebuyers are beholden to mortgage rate fluctuations, luxury buyers are using their stock market gains to boost their purchasing power
The number of homesellers exceeded homebuyers by a record 36.8% in October, which is the largest divide between the two groups since at least 2013, Redfin reported on Wednesday
As competition for talent remains intense, major teams this week moved to Compass, eXp Realty and the Real Brokerage
In the past 2 months, the total number of homesellers in the market has fallen from a peak of 1.96M in May to 1.95M in July, Redfin reported
The controversial Grand Theft Auto streamer secured the 10-acre property with a $12.7M mortgage. The sellers are aerospace executives who built a new home on the estate in 2024
The Tinka Ellington Group includes 7 agents with 25 collective years of experience in the industry and a sales volume totaling over $254M
The Douglas Elliman team is entering into the growing luxury market in Florida by serving as exclusive sales and marketing reps for Kaiya Beach Resort, which features 131 luxury residences
While home purchases by investors rose 2% annually in the first quarter — to 46,726 transactions — condo sales declined by 3%, to just 8,509 units, according to data released Wednesday by Redfin
As of April 20, home-sale prices fell across 11 US metro areas, marking the 1st time this many markets have seen YOY declines since September 2023, according to Redfin data
As of March, the typical US home took 47 days to sell, the longest stretch in 6 years. Those longer stretches on the market tend to discourage competition, a Redfin report found
Persistent market headwinds resulted in a slow beginning to the year, according to Redfin. The typical days on market reached 54 days this month — the slowest pace since 2020
In November, active listings rose 0.5% month over month and 12.1% year over year, according to Redfin's analysis
The luxury residential market soared to new heights in 2024. Florida dominated the top sales of the year, bringing at least 15 residential transactions above $50M, in a tale of 2 markets