Redfin
Redfin Reports Home Sales Slumped 35% in November, the Biggest Decline on Record
A surge in mortgage rates in early November caused sales and prices to slow, but there are early signs that demand may be...
As Institutional Investors Buy Up Single Family Homes, Everyday Americans Must Sprint to Catch the American Dream
By Meghan Hall The American Dream and the prospect of owning a home are almost synonymous. For decades, the purchase of a house–sometimes...
Real Estate Investors Are Buying a Record Share of U.S. Homes
Investors bought 18.4% of the U.S. homes that were purchased in the fourth quarter, worth a total of nearly $50 billion SEATTLE–(NASDAQ: RDFN)...
Developer KB Home Buys Puyallup Land for $27.65MM
By Meghan Hall Residential developers are continuing to look further outside of Seattle’s core cities for available land to build on. Across the...
Redfin to Acquire Bay Equity Home Loans for $135MM
Acquisition will give Redfin customers a broader suite of loan products in more markets and propel the company’s efforts to create a complete...
Investor Purchases of Single-Family Residential Increasing on West Coast
By Scott Anderson Over the course of the past year, the United States housing market has begun to see an increase in investor-led...
Redfin Announces Agreement to Acquire RentPath for $608 Million
Acquisition brings together a leading site for homebuying with a leading site for rental listings SEATTLE and ATLANTA, Feb. 19, 2021 — (NASDAQ:...
Undeveloped Land Near Lake Tapps, Wash., Sells for ~$20.3MM
By Meghan Hall A sizeable land deal has closed in Pierce County, not far from Lake Tapps. In a transaction that was formalized...
Redfin: San Francisco, Seattle, Listed as Markets with Most Bidding Wars
SEATTLE — Nationwide, 49.7% of home offers written by Redfin agents faced bidding wars in December, according to a new report from Redfin, the technology-powered real...
RM Homes Buys Lynnwood Property Under Construction for Residential Development for $11MM
By Meghan Hall A Lynnwood property slated for residential development has sold to a local developer as demand for single-family product continues to...
Hunts Point Home Trades for Astounding $60MM
By Meghan Hall A 7,380 square foot home right on the water in Hunts Point, Wash., has traded for top dollar. According to...
U.S. Home Prices Up 15%, Largest Growth Since at Least 2005
National median home price hit a new record of $320,625 SEATTLE, Oct. 8, 2020 — (NASDAQ: RDFN) — The median home sale price...
