Chime: Chatbot AI Assistant at 93% conversational accuracy
The company attributes the success to 'consistent coaching and humanizing of the chatbot,' which in the past year increased daily messages by 322% and daily lead responses by over 108%
by Ben Verde Feb 23
Home showings dip in December, but slowdown may be easing
Showings were way down year over year but only dipped a little bit month over month, according to a new report from ShowingTime. They remain up compared to pre-pandemic levels
by Jim Dalrymple II Feb 1
A quarter of homebuyers were looking to relocate during Q4, 2022
According to a new report, 24.6% of Redfin users were looking to move inspired by high housing costs in most major cities and the freedoms provided by remote work
by Ben Verde Jan 24
Remote work will eventually make homebuying more affordable: Study
While remote work helped drive up housing prices during the pandemic, a new study from the Economic Innovation Group argues remote work may help housing affordability in the future
by Ben Verde Jan 4
Redfin economist: 'We're going to have pain' while high inflation lasts
Daryl Fairweather also said during her Yahoo Finance appearance that 'demand is very weak' as both homebuyers and sellers take a breather from the housing market
by Jim Dalrymple II Nov 30
Phoenix, Arizona
Median home price growth has slowed the fastest in Austin, Phoenix and San Jose, with fellow pandemic boomtowns Las Vegas and Boise also seeing significant slowdowns
by Ben Verde Nov 28
Two top-producing teams merge with Adam Hergenrother's Livian
BTG and the Neilsen Team will collectively add more than 70 agents to Livian's ranks. The mergers come during a period of intense competition for talent
by Jim Dalrymple II Oct 18
Bidding wars fall to lowest level of pandemic as mortgage rates inch up
Only 44.6 percent of offers written by Redfin agents in August faced competition, the lowest rate since April of 2020, according to new data released Friday
by Ben Verde Sep 23
Falling list prices hit pandemic hot spots hardest, new Redfin study says
Nationally, more than 15% of homesellers dropped list prices in July across the 97 metro areas analyzed by Redfin, with Boise, Denver and Salt Lake City seeing the greatest share of cuts
by Lillian Dickerson Aug 23
Pacaso enters Arizona with first home in mountainous Cave Creek
The platform has acquired its first luxury property in Arizona, a 4-bedroom, 4-and-a-half-bathroom home in Cave Creek, a popular desert resort community north of Scottsdale
by Craig C. Rowe Mar 16
Rent guarantor Nomad sets sight on 10 new markets after $20M round
The Denver-based company, which offers owner-operated rental companies and single-family landlords guaranteed rent for up to 3 years, is eyeing Raleigh, NC as its next market
by Craig C. Rowe Feb 17
Single-family rental prices tripled their rate of growth in 2021
Annual rent price gains soared 7.8% in 2021, notching a record-breaking year amid a supercharged market, according to new data released Tuesday by CoreLogic
by Ben Verde Feb 15
Opendoor launches in California's pricey Bay Area
The launch brings the world's biggest iBuyer to one of the world's most challenging real estate markets — and marks a new chapter for the iBuying concept
by Jim Dalrymple II Feb 8
Out-of-towners are causing home prices to soar in relocation hotspots
Prices are up as high as 30% in some relocation hotspots across the Sun Belt, where 9 of the 10 most popular US relocation destinations are, according to a report from Redfin released Monday
by Ben Verde Feb 7
Buyer agent commissions fall to lowest point since 2017
Intense competition appears to have driven down average buyers' agent commissions last fall to their lowest point since at least 2017
by Jim Dalrymple II Feb 3