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
Disappointing economic news hampers early spring market
Economic headwinds and a holiday weekend caused new listings and home tour requests to fall at the end of March, according to Redfin's report. The portal is still bullish on future spring activity
by Marian McPherson Apr 4
Compass, eXp notch more big recruiting wins
Compass has recruited New York-based brokers Tom Postilio and Mickey Conlon. Meanwhile, eXp added Calgary-based Sahil Chhabra and his team to its ranks
by Jim Dalrymple II Mar 1
The jobs, gigs and side hustles agents took on to get through 2023
From Uber driving to launching a print shop, agents came up with creative ways to supplement their businesses and stay entrepreneurial during a year of low inventory and fluctuating rates
by Lillian Dickerson Dec 27
What other cities can learn from LA's rocky 'mansion tax' rollout
LA's new tax on high-priced property sales has been a drag on the real estate industry while raising far less revenue than the city expected, an Intel analysis suggests
by Lillian Dickerson Nov 29
Luxury market's ticking time bomb: If this were a virus, you would call it a full-blown epidemic
Population and economic growth hasn't kept pace with rampant construction of McMansions
by ActiveRain May 19