So Many People Moved Last Year, Homeowner Tenure Flatlined
So many people moved last year, they caused the overall median length of tenure in an American home to stay nearly constant, according to new research published by Redfin this morning. Redfin’s economics team analyzed county sales data across the country to...
Study: Agent Commissions Slid Down Last Year
Buy-side real estate agents are pocketing a smaller and smaller share of the state’s larger and larger home sale prices, a new study says. Worse still for agents, their commission percentages are the second-lowest among America’s major metro areas. Real...
Redfin Grows NH Mortgage Footprint with Bay Equity Acquisition
Online brokerage Redfin has agreed to acquire mortgage lender Bay Equity Home Loans in a move Redfin said would increase its scale and efficiency while giving customers more lending options. “For years, Redfin has talked about becoming a one-stop shop for brokerage,...
Demand for Second Homes Rebounds Heading Into 2022
A new analysis of mortgage rate-locks by online brokerage Redfin has found that, nation-wide, demand for second homes was up 77 percent in December over 2019 levels. Data from master-planned community home listings site Private Communities Registry suggests most...This Week’s Paper: Digital Edition
