In the News

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January 25, 2018
“The stock market hit all-time highs with gains in nearly every sector last quarter, instilling confidence among the wealthiest homebuyers,” Redfin Chief Economist Nela Richardson said in a statement.
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January 23, 2018
A balanced housing market tends to have about six months of supply, according to Nela Richardson, chief economist at Redfin. In December, the market had less than three months of supply, and homes were selling five days faster than the year before.
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January 22, 2018
Redfin, another online real estate database, has also seen a crypto trend in its listings, especially in hubs like the Bay Area and Miami. The number of listings that accepted cryptocurrency jumped from 75 in December to 134 in mid-January.
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January 18, 2018
“Today’s seller is tomorrow’s buyer,” said Nela Richardson, Redfin’s chief economist. “When inventory is tight you need a sure thing on the transaction.” High-end sellers, who tend to be less price sensitive, might be even more willing to accept lower prices in exchange for the added security of a cash bid, especially if the offer is above the property’s appraised value
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December 6, 2017
Reducing tax benefits to homeownership may hurt values, while motivating potential sellers to stay in their homes longer could have the reverse effect. How the dynamics play out remains to be seen. The tax changes “are being done to make the corporate tax cut work, and not being done to make the housing market work,” said Redfin chief economist Nela Richardson. 
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November 2, 2017
On Thursday morning, hours after the proposal was unveiled, Redfin, a national real estate brokerage firm based in Seattle, started drafting a memo to its more than 1,000 real estate agents instructing them to ensure that prospective home buyers can still afford homes in their desired price range.
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September 29, 2017
“The housing market is slowing in nearly every metro area in the country,” says Nela Richardson, chief economist of Redfin brokerage in Washington. “We’re just not seeing the usual fall market pickup at the end of August and in early September." Affordability is the culprit in the District and other locations, Richardson says.
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September 27, 2017
"For some time we have been hearing from sellers that are not listing because they are worried they won't be able to buy their next home in that market," says Redfin chief economist Nela Richardson.Don't abandon hope. There are plenty of moves you can make to sell while improving the chances you'll be able to afford to move to your next Best Place.
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September 25, 2017
Even buyer competition, which remains incredibly high, may be finally cooling. A recent report from real estate brokerage Redfin showed that while annual price gains were still high, monthly gains over the summer were flat. That may be the result of fewer bidding wars. "The real estate market still favors sellers, with strong demand and rising prices, but perhaps less so now than earlier in the year," Redfin CEO Glenn Kelman said in a statement.
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September 22, 2017
Tara Waggoner, the Houston market manager for brokerage and online listings firm Redfin, said the firm’s local agents were getting about four times the number of calls they usually get from investors. They ranged from individuals looking to buy one flooded house to groups of ten or more pooling their money for a home-buying spree, she said.
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September 13, 2017
“The main problem is we have become a victim of our own success; the cost of labor has gone through the roof,” Kelman said. “Even if you can pay, the sheer ability to hire that many people in this region and house those people has strained the region. I think for Amazon just to scale it needs another place in North America.
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September 12, 2017
Redfin, a national real estate brokerage firm, said its agents had 45 home buyers lined up to purchase homes here when the storm hit. Only eight buyers backed out because of the storm, and tour requests immediately rebounded a week later. “I was shocked,” said Glenn Kelman, the company’s chief executive, who lives in Seattle.
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June 21, 2017
Certainly, the luxury end of the market has experienced a particular boom this year, as many billionaire investors, lawyers and oil and gas executives relocated to the capital. The average price of a luxury property in the capital, defined as the most expensive 5 percent of homes, rose 32.6 percent year-on-year in the first quarter, according to data from Redfin, a national real estate brokerage firm.
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June 8, 2017
A homebuyer browsing listings on Redfin’s website can be offered a tour with as little as 45 minutes’ lead time using AWS tools that track the proximity of agents through their smartphones. That’s resulting in more tours, Redfin says: In the first quarter of 2017 the share of home tours booked based on the agent’s location rose to 41 percent, almost double the same period in 2016, according to the company.
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May 10, 2017
"I started a software company with a couple other folks, it went public, we made plenty of money. And I thought it was this incredible mission but in fact, we sold software to Haliburton, we sold software to Frito-Lay and Pepsi and all these companies that didn't necessarily do good things," said Redfin CEO Glenn Kelman. "And at the end of it, all these people who I thought were my brothers in arms, where I thought we were doing something beautiful, actually it was just all about the money. And the deal that I made with my family and myself is that I was never going to do that again."
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April 26, 2017
"Even a Bay Area family with two solid incomes can struggle to afford a modest home," Redfin's chief economist Nela Richardson told the Marin Independent Journal. "For many, the only path to homeownership is to pack up and move out." Jumping ship – a very, very expensive ship – for a cheaper locale is hardly unique to California. Across the nation, Redfin found that 19.8 percent of house hunters in 75 metro areas searched for houses outside their current cities.
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April 24, 2017
"Fast-growing coastal cities may be generating the high-paying jobs, but they haven't created enough budget-friendly housing to keep pace," said Nela Richardson, Redfin's chief economist. "The price of real estate and desire for homeownership is compelling many to uproot and seek housing in more affordable communities."
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April 13, 2017
“It’s a national story. The number of U.S. homes for sale sank 13 percent in March compared to one year earlier, marking the 18th straight month of annual inventory declines, according to a report from Redfin. At the same time, said the report, 2017 “remains on track to be the fastest housing market on record.” Nearly a fifth (19.1 percent) of U.S. homes sold in March went under contract within two weeks, and 21.7 percent of homes sold for more than their asking price.”
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April 10, 2017
When Bridget Frey entered Redfin's Seattle headquarters in 2013, she was one of the first female engineers. Four years later, Frey became the company's CTO. During that time, she took Redfin's gender diversity from almost zero to nearly 30%.
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April 1, 2017
“’We think that 2017 will be the fastest market’ since the peak of the last housing boom in 2006, said Nela Richardson, chief economist at Redfin. So far this year, homes are selling an average of eight days faster than last year.”
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March 30, 2017
“Using home price data from Redfin, a national real estate brokerage, and school quality data based on test scores from the Stanford Education Data Archive, we developed a set of charts that look at school quality, home price and commute. “
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March 23, 2017
“Fifty-two of the 100 largest U.S. cities were majority-renter in 2015, according to U.S. Census Bureau data compiled for Bloomberg by real estate brokerage Redfin. Twenty-one of those cities have shifted to renter-domination since 2009. These include such hot housing markets as Denver and San Diego and lukewarm locales, such as Detroit and Baltimore, better known for vacant homes than residential development.”
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March 17, 2017
“When Bridget Frey joined Redfin, she had the advantage of an existing relationship with the CEO, Glenn Kelman. The friendship allowed for a frank conversation about how Frey would balance her new job and family; she had two young children at the time. The two worked out an arrangement that worked for everyone, allowing her to thrive as an engineer and climb the ranks to CTO.”
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February 28, 2017
"Housing demand climbed considerably this year, even compared with last year, as the leading edge of the largest generation finally moves into homebuying and a stronger job market supports them. A monthly demand index from Redfin jumped to the highest level since January 2013, when the index began. Compared to January 2016, homebuyer demand was up 23 percent, led by a 26 percent annual increase in homebuyers requesting tours and an 18 percent increase in buyers making offers."
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February 21, 2017
"Machine learning can automate the handling of huge troves of data to help companies make and save money. However, they’re not without pitfalls, as the real estate tech company Redfin learned."
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February 16, 2017
"Denver replaced Seattle as the fastest moving housing market in the United States in January, with half of the homes on sale entering into contract in just 23 days, which was 20 days faster than a year ago, according to a report released Thursday by Redfin."
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February 9, 2017
"Agents should be able to point to their experience and explain where their strengths and weaknesses lie. “Transparency is important," says Redfin real estate agent Nancy Schiff. She also says a good agent should have a team who can tour homes on their clients' schedule, and should be prepared to respond quickly to their questions, understand what they are looking for and write offers quickly. In all, homebuyers should be able to trust the agent has their best interests at heart, she says."
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February 4, 2017
"Redfin, a real estate brokerage firm, compared listed home prices in more than 30 cities with average teachers' salaries to gauge what percentage of available homes teachers could afford. (Administrators, principals, and special-education teachers were not included in the data, and New York City was not studied.) The number of homes within reach for a single teacher has declined in some places by more than 25 percent since 2012."
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February 1, 2017
"What happens when a disrupter encounters disruption of its own? Real estate brokerage Redfin stormed the gates of an entrenched industry in 2006 through a lower-fee, internet-fueled model, refunding a portion of agent commissions to homeowners. Like the company’s founders, CEO Glenn Kelman was steeped in software development, and he saw inefficiencies to slash."
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January 26, 2017
"Redfin is betting that its existing business will allow it to find mortgage customers at a lower cost than a bank and that doing so will ease the sting of its higher borrowing costs."
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November 24, 2016
“ 'In our experience, downtown Boston, Cambridge, and now parts of Somerville seem to hold value irrespective of trends in the broader housing market,' Adam Welling, Boston-area market manager for national real estate brokerage Redfin, said in an e-mail. “ 'Last decade, in the worst housing crash we are likely to see in our lifetimes, we saw property values plateau, but not decrease in those areas.' ”
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November 16, 2016
"The number of women on the boards of tech companies has more than tripled since 2013 according to analysis of 100 public technology companies by Redfin, a national real estate brokerage."
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November 8, 2016
"Nela Richardson, chief economist at online brokerage Redfin, spoke with FORBES on Election Day about why deep down we all vote (or should vote) on housing issues and how whoever wins the election could improve housing for all."
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November 5, 2016
“ 'The Redfin Estimate has quickly become one of the most popular technologies on our website and mobile apps among home sellers, as well as buyers and homeowners,” says Bridget Frey, chief technology officer at Redfin. “We’ve seen a huge jump in the number of visits to off-market homes on Redfin.com, a sign that our industry-leading data science is helping people make decisions about buying and selling homes,' she says."
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October 24, 2016
"Lauren Johnson, a real estate agent with Redfin, says, 'Find an agent who is your advocate and genuinely keeps your best interest at heart. There are a lot of things between the contract and looking at the construction that [first-time homebuyers] may not understand. Having somebody there, if you have doubts or change your mind, is important.'"
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October 21, 2016
" if you're a serious runner, you need to consider Redfin's rankings of the best cities for marathon training. The real estate brokerage company looked at the parks per square mile, days of sunlight, walkscore, and the average daily temperature to determine which city reigns supreme when it comes to endurance running—look below and keep scrolling, because the results just might surprise you."
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October 4, 2016
"Announcing Our 2016 Winners. Below is a complete list of this year’s winners. Redfin.com was voted Best Brokerage Website"
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October 4, 2016
"A new Redfin analysis studied homes bought and sold by 60 celebrities, and compared them to similar homes in the area. The group found that celebrity-owned properties tended to stay on the market for about 36 days longer than other homes and that they often sold for below asking price."
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September 19, 2016
" Nela Richardson is now chief economist at Redfin, an online real estate brokerage and research firm. She leads the company’s efforts to leverage their vast database to inform consumers about the still convalescent housing market. Her focus of late has been on the headwinds facing the middle class and working class as it tries to achieve the American dream. 'At Freddie Mac, we talked about making housing affordable, but that’s just half the story,' Richardson says. 'It has to be livable too.' That means that communities must have 'great schools, job opportunities, a mechanism for upward mobility.' "
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September 5, 2016
" 'We decided low inventory is also a permanent condition in Denver, San Francisco, Austin, Boston, Seattle,' said Glenn Kelman, chief executive of Redfin, an online real estate company based in Seattle. With more wealth in those areas causing an influx of people, along with low interest rates, 'there’s no place for them all to live,' he said."
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August 25, 2016
"In Greater Boston — where available inventory is so scant that in June about half of new listings flew off the market in two weeks or less, according to Redfin — many sellers feel comfortable pricing their home below market value in an attempt to create a feeding frenzy among desperate buyers. Other times, it’s not even intentional: A fixer-upper in the right location can create its own commotion, warts and all."
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August 12, 2016
" Over the past month, the median sale price for homes in the 93110 ZIP Code in June was $1.48 million based on 12 sales, according to Redfin. The asking price for homes in the area has increased 40.9% since July last year, while inventory has decreased by 16.8%." Agents: John Venti, Redfin
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August 10, 2016
"Take a look at an analysis from the real estate group Redfin (which runs the Walk Score rating system). Across 14 major metro areas, it finds that each point on the Walk Score scale raises property prices by an average $3,250, or 0.9%."
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July 19, 2016
"This may explain why the arrival of telecommuting tech workers to Grand Rapids has made the local housing market more competitive, says Kent Selders, the Redfin agent who sold Anderle his home. “It’s reverse sticker shock. People can’t believe how much home they’re getting for their money,” he says. “They’re paying all cash, or almost all cash, and looking at it like bargain shopping.”
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July 11, 2016
"I've been advising a lot of my buyers to consider homes that may need a little TLC in desirable neighborhoods within the inner core of the city," Austin-based Redfin real estate agent Andrew Vallejo said. "Competition is high in the hot neighborhoods, but if buyers are willing to reconsider their priorities it's possible to find a great home without the worry of a bidding war and without breaking the bank."
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July 5, 2016
"Mr. Kelman argues that full-time employees allow him to offer better customer service. Redfin gives its agents salaries, health benefits, 401(k) contributions and, for the most productive ones, Redfin stock, none of which is standard for contractors. Redfin currently employs more than 1,000 agents."
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July 5, 2016
"Glenn Kelman, chief executive officer at Redfin, discusses technology's impact on real estate, the San Francisco market and the trends he's seeing. He speaks to Bloomberg's Cory Johnson on "Bloomberg West."
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July 3, 2016
"With the inclusion of home prices and Walk Score, it's definitely not giving the best cities for craft beer, but provides a window to where living and loving beer might be easiest. Under those criteria, it's not surprising that the classic beer cities that play home to some of the country's biggest brewers rank well. Milwaukee (home of Miller), St. Louis (home of Budweiser), and Denver (home of Coors) all rank in the top 10."
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June 21, 2016
"As builders start work on more new houses, supply will eventually catch up to demand, but the supply-demand gap is expected to continue growing for several years, even if household formation is flat. Chances are it won’t be. Millennials are still forming households, and baby boomers are living longer and more independently than ever."
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June 20, 2016
“Our engineers shadow our real estate agents, learning what it’s like to take a customer on tour or negotiate a home purchase price,” says Bridget Frey, CTO of Redfin.
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June 17, 2016
“It’s still a place where homes are snatched off the market pretty quickly,” said Nela Richardson, Redfin’s chief economist. “At the same time, the median sales price for the whole San Francisco metro is $1.2 million, and there comes a point even in San Francisco where prices outrun demand. We’re closer to that point than we’ve been in years past.”
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June 16, 2016
"The real estate company put together the list based on Google trends in the U.S., and published it in advance of most of the Pride events happening this LGBT Pride Month. We are proud, we are Seattle, and we can't wait to celebrate this weekend".
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June 8, 2016
Madeline McBride of Redfin Realty, has dealt with that with her clients. “You are going to want to really dig into those HOA laws and make sure, in fact, that you can have them,” McBride said.
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May 24, 2016
Nela Richardson, chief economist at real estate brokerage Redfin, says one explanation for the sparse supply is that many baby boomers aren't able to sell their family homes and downsize for retirement because they still have adult children living with them.
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September 16, 2015
One in five Americans who bought a home in the past two years said they had made an offer on a home they had never visited, based on a poll of 2,100 recent buyers conducted for Redfin by SurveyMonkey
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August 1, 2015
For the second year in a row, Millennials have led all age groups in home purchases, according to the 2015 National Association of Realtors Buyer and Seller Generational Trends study.
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May 14, 2015
Walk Score, a company owned by real estate firm Redfin, looked at conditions for cyclists in over 150 U.S. cities of all population sizes. Of the 20 cities with populations of 300,000 or greater, Boston was ranked the fifth most bikeable city.
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May 10, 2015
"Real estate is by far the most screwed up industry in America," Glenn Kelman declared in a 2007 interview on 60 Minutes. Kelman, the CEO of the online real estate company Redfin, was following the familiar script of a disruptive internet startup. "We feel like things that Amazon or eBay or Yahoo have done for other industries, we can do for the real estate industry," he said.
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April 22, 2015
It may not always be easy being green, but plenty of Americans are making eco-friendly living a priority. And with so many people dedicating themselves to green living, there has been an influx in eco-friendly real estate, especially in these cities.
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April 19, 2015
For many of us, cities that are easier to traverse on foot are better places to live. If you’re one of those people, you might be curious to know which of America’s cities actually are the most walkable. A new study by the real estate and brokerage website Redfin breaks it down.
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April 16, 2015
If getting around without a car appeals, you should head to New York City or San Francisco (if you can afford either). That’s according to a new ranking of the most walkable large US cities by Redfin, a real estate analysis website and brokerage.
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April 15, 2015
One of Draper Fisher Jurvetson's represented companies, next-generation real estate agency Redfin, aims to do everything that a traditional broker does—but also the complete opposite. Like any other broker, it staffs a community of agents; unlike any broker, however, Redfin and its CEO Glenn Kelman keep their agents salaried, giving them more time to spend with clients and less time prospecting.
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April 15, 2015
There are many things to consider when relocating to a new city: schools, parks, population size, public transportation. But what about access to a fantastic wine region? F&W teamed up with Redfin to create a list of the top 10 most affordable cities across the country that are also close to wine-producing areas.
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April 6, 2015
When chaos hits the fan, it’s up to companies to outsmart the probability of failure and keep moving forward.
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March 13, 2015
According to data from the National Association of Realtors, 89 percent of buyers use online tools in their home searches. Rather than waiting for agents to send them listings, they go online and tell the agents which homes they’d like to see. That makes what appears online even more important!
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March 13, 2015
With wedding costs on the rise, you can't really blame millennials for putting off marriage. They're already crushed by debt and many still live with family. When asked to weigh their priorities, 38 percent said they would or have put off getting hitched in order to afford buying a home, according to a Feb. 13 Redfin Survey of the age group.
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March 9, 2015
Apple is promising “all-new ways to do all kind of things” when its Apple Watch starts shipping later this month. Based on a preliminary list, more than a dozen apps will be available when it launches on April 24, but presumably the list will grow as developers come up with new ideas and early adopters demand more services for the pricey gadget.
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March 6, 2015
There’s a spectrum of service models available to home sellers ranging from full service- full commission agents on one end to discount agents on the other end who provide a “pay-per-service” system in which sellers opt to pay separately for items such as a listing in the multiple listing service, a yard sign and fliers.
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February 27, 2015
For decades, the telephone has been the real estate agent’s tool of the trade. But a new wave of younger homebuyers is changing the way agents use those phones. Millennials, those born between 1980 and the late '90s don’t want to talk. They want texts.
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February 24, 2015
Home sales of $1 million and higher account for only a small share of the overall market. But for Toll Brothers and several other builders, the million-dollar price point has become a new sweet spot for attracting buyers. Two Redfin agents comment on the rise in demand for million-dollar-plus homes.
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February 18, 2015
As a deep freeze grips parts of America in a typically slow season for housing, first-time buyers are flocking to Redfin Corp.’s property tours and classes, signaling their renewed interest in the market.
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February 11, 2015
Continuing an expansion push launched last year and fueled by a $70.9 million funding round, Redfin has hired the former owner of six Re/Max franchises in the Northeast to head up its operations in New Hampshire.
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January 29, 2015
A panel of 303 pros from around the country (covering markets big and small, hot and cold, city and suburban) completed an online survey, filled with essential questions: What are the costliest mistakes sellers make? When is the best time to put a home on the market? How negotiable are broker’s fees, really?
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January 28, 2015
Early January indicators suggest the housing market got off to a strong start in 2015, with inventory growth and increased demand driving growth in what's usually a chilly month for the sector.
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January 27, 2015
Real estate brokerage Redfin says home prices are 7.6 percent higher in January from a year ago (at least according to sales in the first three weeks of the month). It also says home tour demand among its listing hit an all-time record last week, with the number of customers requesting tours up 62 percent from a year ago.
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December 18, 2014
Buying a home was tough this year thanks to tight inventory and all-cash buyers, but that’s expected to change in the New Year. While some areas of the country will still experience bidding wars and lofty valuations, many places will have enough affordable inventory to get buyers into a home.
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December 18, 2014
Redfin Corp. raised $70.9 million in a financing round led by institutional investors Wellington Management Co. and Glynn Capital Management.The investment brings Redfin’s total funding to about $167 million, according to a statement from the Seattle-based company.
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December 15, 2014
What makes L.A. such an extraordinary spot for the outdoors lover is the fact that so many of these wilderness areas are easily accessible from the well-developed infrastructure of our urban lives.
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December 15, 2014
Buying a home in the Sunset District is more competitive than finding a parking spot near Rainbow Grocery. It’s more competitive than landing a spot for little Sebastian and Aubrey at an organic, free-range, STEM-focused preschool. It’s certainly more competitive than the 49ers have been this season.
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December 11, 2014
The 34th Street lights display in Hampden once again was named the best in the country by real estate broker Redfin, which released its annual rankings Wednesday. Biography Photo
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December 3, 2014
Even after the recession, many Americans view their homes as investments or stores of value. But what would it cost to actually build your home out of money? The folks at Redfin have come up with an answer.
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December 1, 2014
The five metro areas that have posted some of the strongest year-over-year sales growth also have seen median incomes rise from last year, according to a new home sales report by the real estate brokerage Redfin.
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November 25, 2014
It takes more than just plunking down a 20% down payment to call yourself ready. You have to be financially, emotionally and mentally prepared—or risk becoming one of the one in four homeowners who feel buyer’s remorse.
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November 18, 2014
"All three components of builder sentiment are up including current sales, future sales expectations and crucially, traffic,” said Nela Richardson, chief economist for Redfin.
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November 16, 2014
As the U.S. stock market rises, so do sales of million-dollar homes. That correlation is not lost on the nation's Realtors.
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November 11, 2014
Even as the broader real estate market softened, luxury home sales surged in the third quarter. Sales of homes priced at $1 million or more were up 9 percent in the quarter over the same period in 2013, according to quarterly data from Redfin, the real estate research and brokerage firm.
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October 29, 2014
In a blog post from real estate broker Redfin, the City of Brotherly Love was named the top city to be a vampire in — in part due to our number of blood drives.
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October 27, 2014
At a time when overall housing sales in the Washington region are cooling, Redfin is reducing its commission for listing agents from 1.5 percent to 1 percent exclusively in this area in part to encourage more potential sellers to get off the sidelines and put their homes on the market.
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October 16, 2014
National real estate brokerage firm Redfin launched its full-service expansion into the Fresno market. Based in Seattle, the company uses a wide range of technology and resources to bring listing information to buyers and sellers in real-time.
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October 11, 2014
The national real estate brokerage Redfin, which has a reputation for running its business a bit differently from the mainstream companies because its agents work on a salary-with-bonuses structure rather than the traditional commission-only arrangement, is expanding the agent apprentice program.
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October 8, 2014
3D tours are the latest tool real estate agents are using to entice buyers. Unlike photo galleries or video tours, 3D tours are more comprehensive, showing you the house from nearly every angle
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September 19, 2014
Redfin is expanding its agent apprenticeship program. The Seattle-based brokerage pays prospective agents during the 18-month-long program, which includes classroom learning, help getting their real estate license, hands-on training, and one-on-one mentoring as part of a full-time schedule.
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September 19, 2014
A national residential real estate brokerage with a heavy online presence has expanded to the Tucson market. Redfin, which is in 36 markets in about 20 states, launched in Tucson on Sept. 3.
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September 12, 2014
Although the return of stability to the housing market has helped lift many underwater homeowners back into positive home equity and encouraged other owners to move up to larger or more costly homes, the recovery lacks the robust participation of one important group: young first-time buyers.
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September 11, 2014
The national real-estate brokerage Redfin just published a report on where college-educated millennials are living these days. Here is a list of tell-tale signs you are living in a millennial neighborhood.
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September 8, 2014
Glenn Kelman is the CEO of Redfin, a real-estate brokerage. In 1999, he was almost fired from his role overseeing product at Plumtree Software Inc., but managed to convince the company to keep him on.
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July 24, 2014
Whether you just purchased a home or are searching for a way to liven up the house you've been in for years, here are a few simple style suggestions from Redfin Agents that will give any room in your home that trendy edge.
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July 11, 2014
America's home cooks have increasing access to quality ingredients to serve up gourmet delicacies in the comfort of their kitchens, and real estate brokerage Redfin wanted to find the 10 best neighborhoods with these amenities.
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July 10, 2014
Redfin, a real estate brokerage, put together the top 10 best neighborhoods to live in if food and cooking are your two top priorities. They searched for homes with amenities like big kitchens, gardens and chicken coops, and that are within two miles of a farmers' market and quality grocery stores.
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July 1, 2014
Redfin was mentioned in Facebook's list of apps that have adopted App Links. "When you are on your phone and click on a Redfin link, App Links takes you to the Redfin app for a more seamless home shopping experience."
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June 17, 2014
Redfin was included in the second annual CNBC Disruptor 50 list. In the list, CNBC features private companies whose innovations are revolutionizing the business landscape.
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June 10, 2014
Dr. Dre traded up to to brand new $40 million mansion formerly owned by supermodel Gisele Bundchen and Patriots quarterback Tom Brady. Now that leaves his old place, which he purchased in 2011 vacant.
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June 5, 2014
A report released by Redfin contextualized how much 30 high-profile American billionaires – ranging from Steven Spielberg to Jeff Bezos – could actually spend. Aside from New York, Los Angeles or San Francisco, almost every major U.S. city makes the list of potential acquisitions.
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June 5, 2014
A Redfin report titled "Which billionaire could buy your city?" found that Bill Gates could buy the entire city of Boston.
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June 4, 2014
Less than two months after Tom Brady and his supermodel wife Gisele Bundchen listed their mega-mansion for $50 million, they found a buyer with very deep pockets: Dr. Dre!
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May 21, 2014
The team at Redfin wanted to offer people a better way to buy and sell homes in Las Vegas, so they recently announced a move into the Las Vegas market. Redfin real estate agents work side-by-side with engineers every day to make home buying and selling easier and more fun for consumers.
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May 9, 2014
Redfin Agent Greg Whelan's Chicago listing was featured as The Wall Street Journal's 'House of the Day.' This three-story home in Chicago is within walking distance of trendy restaurants and an elevated railroad being turned into a park.
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May 6, 2014
Real estate brokerage Redfin announced Tuesday the launch of its home buying and selling services in Tampa and Orlando, making those the fourth and fifth cities in Florida it services.
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May 6, 2014
Homes in south Charlotte are selling quickly. Julie Sharpe, a Redfin real estate agent, said houses in the Ardrey Kell and Providence high school districts stayed on the market an average of 77 days in the first quarter of 2014.
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May 5, 2014
Meryl Streep reportedly added a new luxury living space to her real estate portfolio a few months ago: a mid-century home in the Hollywood Hills. Now, it's back on the market, fully-furnished for $6.75 million. Images courtesy of Redfin.
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May 2, 2014
Purchases $1 million or more rose 7.8 percent in March. Transactions for $250,000 or less, which represent almost two-thirds of the market, plunged 12 percent as house hunters found few available homes in that price range.
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May 1, 2014
Redfin Vice President of Engineering Bridget Frey quoted in article about companies that have developed apps designed to put the process of buying a home in the palm of your hand.
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April 28, 2014
A house is a long-term investment, and making your house energy efficient increases the value. The median sale price of homes with green features is $47,600 higher than for homes without green features, according to Redfin.
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April 14, 2014
This month, Redfin reported that the housing markets in the Census data's hot cities have become the tightest in the country. In Austin, almost 22 percent of homes sell within three days.
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April 5, 2014
Real estate firm Redfin recently asked 1,900 prospective home buyers nationwide what they planned to do with their old house when they bought a new one. As you'd expect, the majority said they would sell. But 39% said they'd rent it out.
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April 3, 2014
Entering the 2014 spring buying season, the U.S. housing market faces an unusual dilemma: Too few people are selling homes. Yet too few buyers can afford the homes that are for sale.
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April 2, 2014
The 1,700 square foot home was designed and built in 1949. According to the landmark nomination, the home is considered a "locally significant example of Northwest Modernism that embodies the distinctive characters of its period of construction."
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March 31, 2014
For many homebuyers, they don't hear anything about their new home's title until they're already signing the closing documents. Redfin has gotten into the title insurance game, with the launch of Title Forward. Title Forward seeks to educate customers on what exactly title insurance is and then help them find cheaper title insurance.
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March 31, 2014
A staged home is one that sells faster. Redfin recommends cleaning out and organizing closets. And don't forget, curb appeal is just as important as staging if you want your home to sell fast.
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March 26, 2014
If you're in the market for a completely absurd customized mansion, congratulations! National real estate brokerage Redfin has provided a few current listings that prove money actually can buy you anything.
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March 25, 2014
D.C.-based Redfin Agent Marshall Park explains last year the spring real estate season started off with a bang, but this year has been more of a quiet rumble.
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March 17, 2014
San Jose, in the heart of California's Silicon Valley, is the worst place for a teacher to buy a home, according to Redfin. There, only 1% of homes are affordable.
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March 14, 2014
Leonardo DiCaprio purchased a $5 million estate in the Californian dessert resort of Palm Springs. The property is a six bedroom, 7,000 square foot mid-century home.
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March 13, 2014
Homeowners who refinanced when fixed mortgage rates dropped below 4 percent will be less inclined to put their homes on the market as interest rates climb. And as a result, the limited property supply already impeding sales in many markets may not ease anytime soon.
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March 6, 2014
The Redfin real estate blog reports Ryan dropped $3.3 million on a 76-hundred-square-foot home in Seattle in late January. It has four bedrooms, 3.75 bathrooms, and a great view of the Puget Sound and Olympic Mountains.
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March 6, 2014
According to the data, Texas saw the largest influx of well-heeled households moving into the state last year, consistent with move trends overall. South Carolina and Florida also posted net gains.
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March 4, 2014
Redfin CEO Glenn Kelman discusses the future of the company on Bloomberg Television's "Bloomberg Surveillance."
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March 4, 2014
The utility of the home buyer love letter makes perfect sense to Jared Curhan, an associate professor at the Sloan School of Management who specializes in the psychology of negotiation. "The higher the stakes, the more our emotions can come into play when negotiating."
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March 4, 2014
In honor of National Grammar Day, the Grammarly team partnered with Redfin, the technology-powered real estate brokerage, to see if good grammar has an impact on other important life milestones – like buying a home.