One year later, Amazon’s HQ2 drives massive housing shortage in Virginia

Since the retail giant announced plans to build an HQ2 office in Arlington County, Virginia, home prices have grown 32.9 percent year-over-year. Meanwhile, active listings are down 49 percent.

All Bright MLS members to get Remine Pro

Remine Agent Pro includes a host of tools including a feature that predicts the likelihood a home will sell. Subscribers to Bright MLS now get it for free.

Locals, not Amazon workers, are buying property near HQ2

Investors and local residents are snapping up properties near Amazon’s second headquarters in Crystal City, Virginia, in anticipation of the tech workers to come.

Redfin CEO: Amazon-Realogy partnership not a ‘serious move into the real estate market’

Glenn Kelman suggested in an earnings call Thursday that few people turn to Amazon for “soft services.” He also revealed that he’d like to be able to sell 10 percent of the homes listed with Redfin to unrepresented buyers.

Redfin experiences ‘turning point,’ beats expectations with $197.8M in revenue

CEO Glenn Kelman said Thursday that Redfin’s various ventures that touch on iBuying, mortgage and title services are entering a “more aggressive phase of market expansion.”

Inventory plummets, prices jump near Amazon’s HQ2 in Virginia

In the wake of Amazon’s HQ2 announcement, agents say that some sellers in Virginia are waiting to list their properties while buyers at the lower end of the spectrum are having trouble competing for homes.

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.

Amazon will match employee affordable housing donations

The online retailer will also contribute $8 million to nonprofits in Washington and Virginia. The pledge comes as a handful of companies promise to spend big on housing.

Home prices in November climbed nearly 6% year-over-year

U.S. home prices rose 0.4 percent from October to November and 5.8 percent year-over-year, according to data from the Federal Housing Finance Agency.

Amazon HQ2 sparks apartment gold rush in NYC and Virginia

One day after Amazon announced it will open a pair of new headquarters in New York and Virginia, interest in the two areas’ real estate is spiking.