Developers are lining up to buy in on Altadena's burned out lots
Altadena is for sale, and developers are lining up to buy in. So far, around 145 properties have been sold, 100 are currently listed and dozens are in escrow, the 'Los Angeles Times' reports
by Richelle Hammiel Jun 9
Older buyers prioritizing lifestyle over climate risk, Redfin says
Older Americans are increasingly purchasing homes in areas with a high incidence of climate-associated risk factors compared to younger adults, according to a recent Redfin analysis
by Richelle Hammiel Dec 16
What’s the rent? A whole month’s pay, 1 in 5 renters tell Redfin
Redfin report finds 22% of US renters say they pay their all of their monthly income to afford rent. They're borrowing money, getting a second job and pulling from retirement to cover the cost
by Taylor Anderson Nov 22
US housing turnover rate hits 30-year low as lock-in effect lingers
In the first 8 months of 2024, only 25 out of every 1,000 US homes changed ownership, marking the lowest housing turnover rate since 1994, according to an analysis by Redfin released Monday
by Richelle Hammiel Sep 30
Share of investor sales activity rose to record high in Q1: Study
An analysis issued Wednesday by Redfin, however, also makes clear that the market shift has begun to impact investor sales, with the pace of buying slowing over the first 3 months of 2022
by Taylor Anderson Jun 15