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Mortgage, US Real Estate

More millennials say their finances are in better shape

By Mike Wheatley | July 22, 2019
More millennials have been able to get a handle on their mortgage repayments over the last year, meaning they’re less likely to ask for help from parents, work a second job, or find a roommate to share costs, according to a new Redfin survey. The survey of 1,000 adults born between 1981 and 1996, found […]
Featured News, Real Estate Technology, US Real Estate

Redfin teams up with Opendoor to expand its Instant Offers service

By Mike Wheatley | July 16, 2019
Web-based real estate brokerage Redfin is expanding the availability of its instant offers service via a partnership with iBuying company Opendoor. The partnership, announced last week, will allow homeowners who sell their homes on Redfin’s platform to get instant offers on their properties. The way iBuying works is that companies like Opendoor buy the homes […]
Home Buying, US Real Estate

Redfin says we'll see less bidding wars this year

By Mike Wheatley | May 16, 2019
Bidding wars are unlikely to be as commonplace this year as they face less competition due to growing inventories in many markets, according to a new Redfin analysis. In April, just 15% of offers faced competing bids, Redfin said. That’s down 60% from a year ago, it added. The reduced competition is even being felt […]
Featured News, Real Estate Agents, Realtors

Redfin & RE/MAX cancel agent referral partnership after just 2 months

By Mike Wheatley | May 15, 2019
Redfin and RE/MAX are calling time on a partnership announced just two months ago that saw them agree to swap customer referrals in the U.S. and Canada. Through Redfin’s Partner Agents program, the two brokerages had agreed to refer customers to agents. However, RE/MAX is backing out of the deal following Redfin’s launch of a […]
Home Buying

Expect fewer bidding wars on the West Coast this year, Redfin says

By Mike Wheatley | April 18, 2019
Home buyers on the west coast are less likely to face a bidding war than in previous years, according to a new study from the online real estate brokerage Redfin. What’s more, they also have a better chance of winning the first home they make an offer on than buyers in other parts of the […]
Press Release, US Real Estate

Thursday is the Best Day to List Your Home, Says Redfin

By Press Release | March 28, 2019
Homes listed on Thursday tend to sell for more money and in less time than homes listed on other days of the week, according to a report from Redfin, (www.redfin.com), the technology-powered real estate brokerage. Homes listed on Thursday sold for an average of $3,015 more than homes listed on Monday (the worst day to sell, by […]
US Real Estate

Redfin Now Buys Homes Directly from Sellers So They Can Move On with Less Hassle and More Certainty

By RealtyBiz News | January 11, 2019
Homeowners in the Los Angeles metro area can now get a no-obligation cash offer for their home from RedfinNow, a radically convenient home-selling service from Redfin, a technology-powered real estate brokerage. By selling to RedfinNow, homeowners get the certainty of an all-cash offer, the flexibility to pick their move-out date, and the convenience of selling […]
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