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@Redfin

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Industry’s most experienced agents 🤝 top-rated real estate app Sharing the latest real estate news and housing market data

National Real Estate Brokerage
Joined July 2008
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@Redfin
Redfin
7 months
Goldilocks knows that when you want to find a home that’s just right, you use Redfin. We’ll give you personalized home recommendations that match exactly what you’re looking for. Visit .
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@Redfin
Redfin
1 year
Redfin is ending its support of the National Association of Realtors due to NAR's anti-consumer policies and a pattern of alleged sexual harassment.
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@Redfin
Redfin
4 years
From finding a real estate agent to making an offer, we’re here to help you get the answers you need during every stage of the homebuying process.
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@Redfin
Redfin
7 months
Baby boomers are aging in place largely because they've paid off their homes or they don't want to trade in their lower mortgage rate. This trend is increasing homeowner tenure, exacerbating the shortage of homes for sale, and pushing up prices. #realestate
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@Redfin
Redfin
11 months
The median U.S. rent price in October was $1,978, nearly the same as a year ago. That’s because an increase in new rentals drove up vacancies, making it harder for landlords to raise prices 👉 #housing
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@Redfin
Redfin
10 months
The tides turn for renters as rent prices post the biggest decline in over three years. The median U.S. asking rent fell 2% year over year to $1,967 in November as landlords grapple with rising vacancies due to a building boom in recent years. #housing
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@Redfin
Redfin
2 years
For the first time since June 2020, the portion of homes selling for above list price decreased. Additionally, the average home isn't selling as far above list price as last year. Homebuyers, rejoice 🙌
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@Redfin
Redfin
4 months
Nearly 62% of homes are sitting on the market for at least 30 days without going under contract, as buyer demand falters amid high housing costs. Stale listings are growing fastest year over year in Dallas, Fort Lauderdale, and Tampa. #realestate
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@Redfin
Redfin
1 year
Roughly 53,000 U.S. home-purchase agreements were canceled in September. “When buyers don’t feel like they’re getting a good deal, they’re backing out,” said Redfin agent, Heather Kruayai. #realestate
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@Redfin
Redfin
2 years
More and more home sellers are dropping prices. "Buyers, who earlier this year had to race to beat the competition, can now take their time touring homes and perhaps even wait to see if sellers drop the price," said our Chief Economist @FairweatherPhD . #realestate
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@Redfin
Redfin
3 months
Last month, 15% of home purchases were canceled and 20% of listings had a price drop—both the highest share of any June on record. Buyers backed out due to high costs while sellers tried to meet their constrained budgets. #realestate
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@Redfin
Redfin
11 months
We predict 2024 will be the year homebuyers catch a break as home prices and mortgage rates fall while sales and listings rise. Let’s break down our 7 predictions👇 #housing
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@Redfin
Redfin
5 months
Home price drops hit an 18-month high. Price drops, increased days on market, and a dip in median asking price signal that home price growth could ease 👉 #realestate
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@Redfin
Redfin
6 years
Migration Report: Denver joins Seattle and San Francisco as a tech hub with more people looking to move out than in. In the first 3 months of the year, Denver posted a net outflow of Redfin users for the first time:
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@Redfin
Redfin
8 years
New construction home sales: Seattle vs. San Francisco
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@Redfin
Redfin
3 years
We make touring homes easy. Just pick a date and time, and a local Redfin Agent will help you find “the one.” That’s real estate done right™.
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@Redfin
Redfin
11 months
Roughly 54,000 U.S. home purchases were canceled in October as buyers backed out due to sticker shock or when sellers didn't meet their requests. The cancellation rate could tick down this month as buyers take advantage of the decline in mortgage rates. #realestate
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@Redfin
Redfin
1 year
(1/6) U.S home prices fell 4.1% ($17,603) year over year in April. That’s the biggest dollar drop and the largest percentage decline since January 2012. In pandemic boomtowns and pricey coastal markets, home prices are falling even further. #housingmarket
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@Redfin
Redfin
3 years
The housing market can be… a lot. That’s why we update listings every 5 minutes so you can find homes first and tour homes fast. Wanna win? Choose Redfin.
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@Redfin
Redfin
2 years
(1/5) The number of homes for sale is finally climbing but not because more homes are being listed…because more buyers are backing off. As a result, more sellers are dropping prices. #housing
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@Redfin
Redfin
11 months
Nearly 7% of homes for sale each week had a price drop—the highest portion on record. Elevated mortgage rates have forced some sellers to lower their asking price to make up for high interest rates on monthly payments 👉 #housing
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@Redfin
Redfin
6 years
. @BobbyBerk of @QueerEye stars in a hit Netflix show, travels the world on press tours, and runs an interior design company. Bobby told us how he does it all AND recently found his dream home with the help of Redfin's technology and agents.
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@Redfin
Redfin
9 months
Nationwide, new listings are up 10% compared to a year ago as declining mortgage rates bring back sellers and buyers. #realestate New listings increased most YoY in: 1. Phoenix, 32% 2. San Antonio, 26% 3. Dallas, 21% 4. Washington, D.C., 21% 5. Montgomery County, 20%
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@Redfin
Redfin
7 months
There are a few signs that home price growth could soften👇 1. Nearly 6% of listings had a price drop, the highest share of any March on record. 2. Months of supply hit its highest level of any March since 2020, indicating that the market is becoming more balanced.
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@Redfin
Redfin
3 years
No, this is not an April Fools joke—we’re seeing the early signs of a cooler housing market. It still feels hot but a slowdown in online searches, home tours, and mortgage applications suggests a shift is coming. #housing
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@Redfin
Redfin
2 months
The share of home price drops is on the rise again 📈 Price drops are becoming more common as homes linger on the market and many buyers remain sensitive to prices, despite the recent drop in mortgage rates 👉 #realestate
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@Redfin
Redfin
1 year
(1/6) U.S. real estate investors lost money on roughly 1 in 7 homes they sold in March—nearly the highest share since 2016. That’s almost triple the share of a year earlier. #realestate
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@Redfin
Redfin
2 years
New listings are down 12% from a year ago, the steepest decline since June 2020. Still, overall housing supply is on the rise—a sign that buyers are pulling back more than sellers 👉 #housing
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@Redfin
Redfin
5 months
Nationwide, 6.3% of homes for sale had a price drop—the highest share in a year and a half. This could be a sign that home price growth loses momentum soon 👉 #realestate
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@Redfin
Redfin
4 months
Just 47% of apartments completed in Q4 were rented within three months, down from 60% a year earlier. That comes as a near-record number of apartments hit the market and the rental vacancy rate hovers at the highest level since 2021. #housing
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@Redfin
Redfin
3 months
Mortgage rates are falling 📉 For homebuyers and sellers, today’s weak jobs report points to a more rapid pace of mortgage rate declines than previously expected 👉 #mortgagerates
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@Redfin
Redfin
2 years
The share of homes with price drops keeps climbing to new heights. "I think the power will continue to shift towards buyers, resulting in mild price declines from month to month," says our Chief Economist @FairweatherPhD .
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@Redfin
Redfin
11 months
Nationwide, new listings are up 3% annually—the biggest increase in two years. That comes as some sellers notice the uptick in buyer demand, some worry prices will fall, and others realize rates are unlikely to hit pandemic-era levels anytime soon. #realestate
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@Redfin
Redfin
2 years
“Mortgage rates well over 6% are spooking homebuyers,” said our Deputy Chief Economist @TaylorAMarr . For a $2,500 monthly mortgage payment, buyers can now afford a $379K home compared to a $534K home last year when mortgage rates were 2.65%. #mortgagerates
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@Redfin
Redfin
1 year
Mortgage rates hit 7.65% yesterday, a two-decade high 😵‍💫 As buyers’ budgets get squeezed further, 6.5% of homes for sale had a price drop in the last four weeks—the highest share since November 2022. #housing
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@Redfin
Redfin
2 years
“It’s going to be a fairly balanced market for the next few months until the Fed makes another move,” says our CEO @glennkelman . “Homes are going to get more affordable, prices are coming down." Watch the full interview:
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@Redfin
Redfin
8 months
Nationwide, new listings rose 10% year over year, the biggest increase in two months 👉 #housing New listings increased most YoY in: 1. Jacksonville, 34% 2. Dallas, 33% 3. Fort Worth, 26% 4. Fort Lauderdale, 25% 5. Austin, 23%
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@Redfin
Redfin
2 years
(1/6) The median U.S. rent price fell to $1,942 in January—the lowest level in nearly a year. Rent price growth is cooling because of slowing demand for new leases and more rental construction. #housing
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@Redfin
Redfin
2 years
(1/8) The housing market has begun to recover after hitting a low point in the second week of November. We’re not out of the woods yet, but an uptick in buyers touring homes and contacting Redfin Agents is translating into sales. #housing
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@Redfin
Redfin
1 year
(1/7) Let’s talk about Austin, TX. The former migration hotspot had more homebuyers looking to leave than move in for the first time on record, during Q3. Once known for its fast home sales, Austin is now one of the slowest. #Austin
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@Redfin
Redfin
5 years
Wow, @MorganKolkmeyer and her team at @WGNMorningNews recreated our commercial perfectly! We are so impressed 👏
@MorganKolkmeyer
Morgan Kolkmeyer
5 years
Proof- @theErinCahill is the actress in the @Redfin commercial, not me 😉🏡 @WGNMorningNews
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@Redfin
Redfin
3 years
Homebuyer interest in moving to a new area remains above pre-pandemic levels as #Miami draws in remote workers, retirees, and investors 🌴🏠
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@Redfin
Redfin
1 year
Elevated mortgage rates are one reason why the typical home costs 25% more per month to own than rent. If rates fell to 5%, mortgage payments would cost only 10% more than rental costs: #housing
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@Redfin
Redfin
2 years
Homes are taking 33 days longer to sell than last year when the housing market was ultra-competitive. In today’s market, homebuyers face less competition and have more room to negotiate 👉 #housingmarket
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@Redfin
Redfin
4 months
Last month, 19% of U.S. homes for sale had a price cut—up from 13% a year ago. Price drops are particularly common in areas where housing supply has been rising quickly, like Florida and Texas 👉 #housingmarket
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@Redfin
Redfin
4 years
Read a letter from CEO @glennkelman about our commitment to racial equality.
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@Redfin
Redfin
5 years
. @BobbyBerk of @QueerEye bought his first home with Redfin Agent, Nadine Guyaux. “Our Redfin Agent got us into the home of our dreams, and the app was fast and easy to use. I wouldn’t be in this home without Redfin.” Hear more from Bobby at
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@Redfin
Redfin
1 year
A lack of homes for sale continues to constrain buyers as new listings remain below 2020, 2021, and 2022 levels 👉 #realestate New listings fell most YoY in: 1. Las Vegas, -48% 2. Phoenix, -41% 3. Providence, -37% 4. Seattle, -36% 5. Newark, -35%
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@Redfin
Redfin
3 years
The housing market is no longer heating up as nearly 5% of listings saw price drops, the highest level since 2019. Let’s break down our weekly update 👇 #housing
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@Redfin
Redfin
3 years
(1/7) With the average mortgage payment 35% higher than last year and rates reaching 5%, we’re seeing there’s a limit to homebuyer demand—even though over the past few years it seemed endless. #housing
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@Redfin
Redfin
2 years
For the first time in 17 months, the typical home sold below its asking price. With mortgage rates ticking back up, expect the post-Labor Day slowdown to be even more intense than usual. #realestate
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@Redfin
Redfin
7 years
Our CEO @glennkelman just signed $RDFN's stock certificate! Congrats to our whole executive team. #RedfinIPO #OneRedfin
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@Redfin
Redfin
3 years
Rentals have officially arrived to Redfin 🎉 Learn more at
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@Redfin
Redfin
2 years
For the first time in a decade, home sale prices fell from the prior year 👉 #realestate Median sale prices fell most in: 1. Austin, TX 2. San Jose, CA 3. Oakland, CA 4. Sacramento, CA 5. Phoenix, AZ
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@Redfin
Redfin
2 years
(1/5) The median U.S. rent price fell 0.4% year over year to $1,937 in March amid economic uncertainty and an influx in rental units. That’s the first annual decline since March 2020 and the lowest median asking rent in 13 months. #housing
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@Redfin
Redfin
6 months
Nearly 18% of San Francisco sellers are losing money on their home sale. That's the highest level in over a decade and more than any other metro 👉 Following San Francisco came Detroit (10.8%), Cleveland (8.2%), St. Louis (8.1%), and Chicago (7.9%).
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@Redfin
Redfin
7 years
Arriving at Nasdaq to celebrate Redfin's IPO! Join in the celebration today using the hashtags #RedfinIPO #OneRedfin $RDFN
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@Redfin
Redfin
2 years
(1/5) The housing market turned a corner last month as the number of homes for sale fell at its slowest pace since the start of the pandemic. #housingmarket
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@Redfin
Redfin
2 years
(1/5) Homebuyer competition has decreased for the sixth-straight month, hitting a new low since the onset of the pandemic. “The market is wildly different,” said Redfin Agent Alexis Malin. “I haven’t written an over-asking offer in a month.” #realestate
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@Redfin
Redfin
2 years
(1/6) The share of Redfin home offers facing competition dropped to the lowest level since March 2021—one of many signs the housing market is slowing. #mortgagerates
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@Redfin
Redfin
2 years
Home prices are finally beginning to fall. The median home sale price came down 0.7% from its record-breaking June peak. Sellers’ asking prices also came down 3% from their highest point in May 👉
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@Redfin
Redfin
25 days
The number of homes for sale is piling up 🏘️ The combination of rising inventory and slow sales is causing for-sale homes to sit on the market, and many listings are growing stale 👉 #housingmarket
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@Redfin
Redfin
1 year
This year is likely to end with roughly 4.1 million existing home sales, the fewest since the housing bubble burst in 2008 after the subprime mortgage crisis 👉 #realestate
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@Redfin
Redfin
1 year
Nationwide, new listings had the second-biggest annual decline since May 2020 👉 #realestate New listings fell most YoY in: 1. Seattle (-43%) 2. San Diego (-41%) 3. Oakland (-41%) 4. Las Vegas (-41%) 5. Anaheim (-39%)
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@Redfin
Redfin
2 years
The share of homes with a price drop continued to climb in October amid a cooling housing market. The areas with the largest share of homes with a price drop were Boise, ID (69%), Denver (57%), Indianapolis (55%), and Salt Lake City (55%) 👉 #realestate
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@Redfin
Redfin
11 months
Just over one-third (34.1%) of U.S. home purchases in September were made in cash. That's because elevated mortgage rates made paying in cash more attractive and priced out many buyers who would need loans 👉
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@Redfin
Redfin
3 years
2022 will bring more balance to the housing market. But don’t expect a buyer’s market; just more selection, less frenzy and slower price growth. Let’s break down our Chief Economist @FairweatherPhD ’s 10 predictions 👇
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@Redfin
Redfin
2 years
More signs of a housing market slowdown following mortgage rate hikes 👇 - Homes are taking over a month to sell, twice as long as this spring - Pending home sales saw the largest decline since May 2020 - The average home is now selling below list price
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@Redfin
Redfin
6 months
There are now no major U.S. metro areas where home prices are falling. Despite demand cooling a bit as mortgage rates rise, there are enough buyers out there to keep prices propped up 👉 #realestate
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@Redfin
Redfin
1 year
🏠 Investors purchased 49% fewer homes YoY in Q1—a $24 billion drop. 📊 They maintained 18% market share, which is relatively high. 💰 Around 1 in 7 of their homes sold at a loss in March: #realestate
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@Redfin
Redfin
4 years
Redfin and @RentPathNetwork are officially hitched 🎉 We’re excited to get RentPath's rental listings on Redfin next year and begin helping all North American consumers find a home.
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@Redfin
Redfin
2 years
The share of listings with a price drop reached a new high 📈 Sellers keep dropping prices to attract buyers who now can afford a less expensive home due to mortgage rates in the 7% range. #realestate
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@Redfin
Redfin
1 year
There are 39% fewer homes for sale compared to five years ago and a drop in new listings is a major reason why 👉 #realestate New listings fell most YoY in: 1. Phoenix, -41% 2. Las Vegas, -41% 3. Oakland, -40% 4. Seattle, -36% 5. Anaheim, -35%
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@Redfin
Redfin
2 years
Price drops are on the rise again, hitting a new high since at least 2015. With homes staying on the market longer and rising mortgage rates cramping homebuyers' budgets even further, it’s no surprise sellers are dropping prices. #realestate
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@Redfin
Redfin
3 years
Our CEO @glennkelman is always Executive of the Year to us 👏❤️
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@Redfin
Redfin
4 months
The typical home is selling for less than list price for the first time since the start of the pandemic. That's because there’s more supply than demand, at least for certain types of homes in certain markets 👉 #realestate
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@Redfin
Redfin
4 years
We’ll limit our spending on Facebook ads in July in support of #stophateforprofit . Facebook has made progress on removing hate speech but needs 3rd-party oversight and technical innovation to let people express themselves freely while shutting down hate speech and misinformation.
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@Redfin
Redfin
4 years
@Andres4NY @travis_robert @zillow Hi Andres, thank you for reaching out! We’ve sent your suggestion to our developers for further analysis. Thanks for using Redfin!
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@Redfin
Redfin
1 year
Investor home purchases fell 45% from a year earlier in Q2, outpacing the 31% drop in overall home sales. That brought the total number of homes bought by investors below pre-pandemic levels while market share remained higher 👉 #realestate
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@Redfin
Redfin
2 years
Nearly one-third of U.S. home purchases were paid for with all cash in July, just slightly below the record-high set in February. Most often, all-cash home purchases were made by affluent Americans, people moving to more affordable areas, and investors. #realestate
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@Redfin
Redfin
3 years
From rising mortgage rates to slower home price growth, our Chief Economist @FairweatherPhD breaks down part one of her 2022 #housingmarket predictions 🏠📈
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@Redfin
Redfin
7 years
We owe a huge THANK YOU to every one of our employees and customers. We would not be celebrating this momentous day without you! #OneRedfin
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@Redfin
Redfin
2 years
When homebuyers’ budgets go down, sellers have to drop prices. The highest share of sellers on record dropped their list price during the four weeks ending June 12 as mortgage rates topped 2008 levels. #housing
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@Redfin
Redfin
2 years
The housing markets cooling fastest are almost all either expensive West Coast areas or places that became significantly less affordable during the pandemic 👉 #housing
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@Redfin
Redfin
4 years
We just announced our plans to buy @RentPathNetwork , a leader in rental search! Together with RentPath, we can create an online destination for every North American to find a home. Learn more about what this exciting news means for us and our customers
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@Redfin
Redfin
11 months
Nationwide, investor home purchases fell 30% year over year in Q3—declining fastest in the Sun Belt. That drop comes after investors piled into the Sun Belt during the pandemic to profit off surging housing and rental values 👉
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@Redfin
Redfin
9 months
The national median rent price fell for the third consecutive month in December. High supply—more so than low demand—is driving price declines as nationwide rents drop 1% year over year to $1,964. #housing
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@Redfin
Redfin
7 years
Redfin’s mission to redefine real estate in the consumer’s favor depends on free and open access to information about every home for sale. Read more about our stance on #NetNeutrality here:
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@Redfin
Redfin
2 years
Our CEO @GlennKelman makes his @Netflix debut today on the new series 'Buy My House.' To say we're excited about this is an understatement 🤩 Netflix's #BuyMyHouse is now streaming 📺
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@Redfin
Redfin
1 year
Homes in upstate New York sell in roughly a week. In Austin, it now takes nearly two months. Austin’s housing market has lost its edge in large part because it exploded in popularity and home prices skyrocked 👉
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@Redfin
Redfin
2 years
Nearly 60,000 home sales fell through in June, equal to 15% of all transactions. That’s the highest percentage since the pandemic began. Some homebuyers are canceling deals because they have room to negotiate while others are priced out due to high mortgage rates. #realestate
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@Redfin
Redfin
5 months
There are some signs that competition for homes is slowing down right now, when it typically speeds up: #realestate 👇 • 30% of homes sold above asking price, down from 32% a year ago • 6% of sellers dropped their asking price, up from 4% a year ago
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@Redfin
Redfin
3 months
About 56,000 home purchases were canceled last month, equal to 15% of homes that went under contract 👉 #realestate Metros with the highest share of home-purchase cancellations were: 1. Orlando, 20.8% 2. Jacksonville, 20.5% 3. Tampa, 20.5%
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@Redfin
Redfin
2 years
High-end home sales are plummeting. Here’s why: ✨ Luxury sales spiked during the pandemic, so there’s more room to fall 📉 Affluent buyers’ spending power is suffering from a faltering stock market 💰 Investment opportunities are lackluster
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@Redfin
Redfin
16 days
Half of all listings have lingered on the market for at least 60 days, the highest share for any August since 2019. The sluggish summer market continued with home sales dropping to the lowest level since the start of the pandemic. #realestate
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@Redfin
Redfin
4 months
"We're starting to see some early softening in the market," says our Chief Economist @FairweatherPhD . "Homes are taking a bit longer to sell, they're selling for under asking price on average, and that means that buyers are getting a little bit more negotiating power."
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@Redfin
Redfin
1 year
Homebuying speed is picking up despite a cooler spring housing market as buyers snap up limited listings 🏃 Nearly 48% homes are selling within two weeks, the highest share in 11 months 👉 #realestate
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@Redfin
Redfin
1 year
Pending home sales fell 17% year over year as still-high home prices and elevated mortgage rates kept many buyers on the sidelines 👉 #realestate They declined most in: 1. Las Vegas, NV 2. Seattle, WA 3. Portland, OR 4. Chicago, IL 5. Oakland, CA
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@Redfin
Redfin
1 year
(1/6) Investor home purchases fell 45% from a year earlier in the second quarter, roughly $26.4B. That decline comes as stubbornly high home prices and mortgage rates have dampened housing demand, making investing less attractive. #realestate
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@Redfin
Redfin
5 months
Signs home sale-price growth could soften in coming months👇 #housing 1. Home price drops hit the highest level since November 2022. 2. The median asking price dropped roughly $3,000 in the last week, the first decline in six months. 3. For-sale supply is growing more stale.
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