Redfin and Opendoor are teaming up to take on Zillow Offers

In Phoenix and Atlanta, users of Redfin’s website and mobile app are now invited to request an offer from Opendoor. Prompts will appear in the form of a button on property pages for off-market homes and on a page through which homeowners may schedule a…

Redefy teams up on referrals with Home Captain

The flat-fee brokerage will now connect unrepresented buyers to agents in Home Captain’s network of 32,000 real estate pros.

Redfin expands its direct offer service to Northern Virginia

In Northern Virginia, if the seller accepts a Redfin Direct offer, they’d pay a 1 percent listing fee and a 1 percent transaction fee, according to the company.

Redfin CEO says measured growth is key to his brokerage’s success

Glenn Kelman believes clear victors will emerge from the real estate tech arms race in the next couple years. Mergers and acquisitions are inevitable, he argues. That’s because real estate websites want to insert themselves into the transaction while s…

Wither the buyer’s agent? Why the job is under threat

Even if the industry fends off the legal assault, other threats to buyer’s agents, including cracks in the MLS, are appearing.

Zillow’s Zestimate now uses photos when valuing homes

The update relies on AI neural networks that can judge things like finishes and curb appeal.

We’re in a ‘homebody era,’ and that means a housing shortage for years to come

In May 2019, the average tenure of homeowners in the U.S. — that is, the amount of time a typical homeowner lives in their home — rose 10 percent year-over-year to 11.3 years.

New Freddie Mac mortgage plan bundles purchases and repairs

The CHOICERenovation program offers homebuyers a single loan with just one set of closing costs that they can use to buy a house and then fix it up.

Zillow’s mortgage ambitions ramp up with office opening

Zillow cut the ribbon on its Zillow Home Loans office today, in Overland Park, Kansas. The headquarters will serve as the main hub for its nascent mortgage program, which was launched in the wake of last year’s acquisition of the Overland Park-based Mo…