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December 14, 2010Redfin Expands to Dallas
Dallas, TX - Dec. 14, 2010: Redfin today expanded to the Dallas metropolitan area, increasing the number of listings available on Redfin's website by 8%. Dallas is the fifth market Redfin has opened in 2010, and the 15th overall. Having launched its first Texas market less than 45 days before, in Austin, Redfin now brings to Dallas its trademark combination of advocacy, transparency and value. Redfin draws customers to its website by publishing data that most other Dallas real esta... 
June 15, 2010Seattle Prices Increase in May, But Demand Weakens and Inventory Drops
Seattle, WA - Jun. 15, 2010: Redfin today released new data on the King County real estate market showing that the median price of a single-family home increased 2.5% from April to May, and 2.5% year over year as well. Redfin attributes the increase in median price in part to the federal tax credit, which required buyers to be under contract on a home sale by April 30. Other metrics were weak: sales volume for King County was mixed from April to May and competition among home-buyers... 
June 14, 2010Bay Area Single-Family Home Prices Increase 9.9% in May, Sales Expected to Slow Mid-Summer
San Francisco, CA - Jun. 14, 2010: Redfin today released new data on the San Francisco Bay Area market showing that the median price of a Bay Area single-family home increased 9.9% from April to May, and 32.8% year over year. The number of house sales that closed increased 10.1% from April to May. As the market enters what is typically its busy summer season, inventory has remained low and even still, competition has decreased, especially for lower-priced homes. Inventory Drops Ac... 
June 10, 2010Bay Area Single-Family Home Prices Increase 9.9% in May, Sales Expected to Slow Mid-Summer
San Francisco, CA - Jun. 14, 2010: Redfin today released new data on the San Francisco Bay Area market showing that the median price of a Bay Area single-family home increased 9.9% from April to May, and 32.8% year over year. The number of house sales that closed increased 10.1% from April to May. As the market enters what is typically its busy summer season, inventory has remained low and even still, competition has decreased, especially for lower-priced homes.Inventory Drops Across Four Count... 
May 12, 2010Bay Area Single-Family Home Prices Increase 5.5% in April
Sales Volume Declines in Anticipation of State Tax Credit, Inventory Increases Only Modestly San Francisco, CA - May. 12, 2010: Redfin today released new data on the San Francisco Bay Area market showing that the median price of a Bay Area single-family home increased 5.5% from March to April. In Marin County, prices for single-family homes jumped 10% in one month, aided by lower interest rates for jumbo loans. Santa Clara County house prices increased 7% month over month and 33%... 
March 25, 2010Redfin Upgrades Listing Service, Supports Short Sales
Seattle, WA - Mar. 25, 2010: Redfin today launched a major upgrade to its listing service, with in-home listing consultations, online systems for capturing tour feedback and monitoring web traffic, and hosted open houses and private tours. In select markets, the company is also supporting short sales for the first time in two years. Separately today, the company announced its expansion into Phoenix. The new service replaces two offerings for home-sellers, one priced at $5,000 and ... 
March 25, 2010Redfin Expands to Phoenix
First Website to Offer Phoenix Consumers Photos & Details on Recently Sold Properties Seattle, WA - Mar. 25, 2010: Redfin today expanded to the Phoenix metropolitan area, increasing the number of listings available on Redfin's website by 8%. Phoenix is the third market Redfin has opened since December 2009, and the twelfth overall. Separately today, Redfin is announcing upgrades to its listing service, and new support for short sales. With this launch, Redfin's site offers ... 
February 24, 2010Redfin Expands to Oregon, Donating Commissions to Charities
Redfin Enters First Anti-Rebate State Seattle - Feb. 24, 2010: Online real estate broker Redfin today expanded to the metropolitan area of Portland, Oregon, entering for the first time a market that outlaws commission refunds to home-buyers. To comply with the law, Redfin's Oregon customers can apply part of Redfin's commission to closing costs if the lender allows it, and ask Redfin to donate the rest to a local charity. As part of the Portland launch, Redfin also released a new...