What does “Lana Del Rey-coded” mean? What exactly is Bridgerton-core? And why are there pink bows everywhere – like on that big-eyed hamster? All of these questions can be answered with one word: coquette. Believe it or not, this aesthetic can make its way into the home, too, so keep reading to see how coquette [...]read moreCoquette Room Decor | Redfin
This article was shared here with permission from Mike DelPrete for Inman Intel, a data and research arm of Inman offering deep insights and market intelligence on the business of residential real estate and proptech. Subscribe today. A number of real estate tech companies have ambitions to grow mortgage businesses, and results from the past year highlight [...]read moreZillow, Redfin, Better Seek To Grow Their Mortgage Businesses
As baby boomers increasingly seek to age in place in their own homes — a scenario supported by both the preferences of older homeowners and the realities brought on by elevated mortgage rates — this is clashing with the desires of millennials who wish to enter the housing market, as the combination of limited inventory [...]read moreBoomers, millennials locked in ‘showdown’ over housing: Fortune
The “List My Home for Rent” tool is available in 13 US markets and is tailored to property owners with fewer than 10 rentals. The listings will be syndicated to the Rent.com marketplace later this year. At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions [...]read moreRedfin Launches Rental Tool For Independent Property Owners
The median U.S. home sale price reached a record $387,600 in the four weeks ending May 19, marking a 4% year-over-year increase, according to data released Thursday by Redfin. The pricing surge comes despite a marginal dip in weekly average mortgage rates, which fell from a five-month high of 7.22% to 7.02% at the beginning of May, [...]read moreHome prices stay elevated as inventory lags: Redfin
In 2023, home purchases slowed across the board due to low levels of inventory, high mortgage rates and soaring home prices. Simultaneously, the appetite for second homes also diminished substantially. Nationwide, 90,772 mortgages for second homes were originated in 2023, down 40% from a year earlier and down 65% from the height of the post-pandemic [...]read moreSecond-home mortgage market slumped in 2023: Redfin
A solid Q1 earnings report has Redfin CEO Glenn Kelman feeling confident. However, persistent market headwinds are keeping the CEO from being too bullish. At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. A [...]read moreRedfin CEO Trying Not To “Count Chickens” After Solid Q1 Earnings
During his talk, Eales noted that Securities and Exchange Commission filings from CoStar Group show that “[its traffic] number includes 17 separate websites, 16 of which are not associated with Homes.com.” Eales elaborated on this further in his prepared remarks during NewsCorp’s earnings call with investors on Wednesday. “If Zillow is the hungry Lion, then [...]read moreRealtor.com CEO Damian Eales: CoStar is lying about being the No. 2 portal
Compass, The Real Brokerage, Realty One Group, At World Properties and Douglas Elliman had each already reached settlement agreements in the case, and the court has preliminarily approved those settlements. At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new [...]read moreRedfin To Pay $9.25M To Settle Commission Lawsuits
At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. Redfin rode the momentum it gained in the fourth quarter to a solid Q1 2024 performance, according to the company’s earnings release on Tuesday. The [...]read moreRedfin Rides Momentum To Q1 Revenue Bump, Beats Expectations