Redfin still seeing strong demand, but with fewer people in the pipeline

Redfin president of operations Scott Nagel said he doesn’t think the ongoing coronavirus outbreak will immediately drive down home prices.

Redfin still seeing strong demand but with fewer people in the pipeline

Redfin President of Operations Scott Nagel said he doesn’t think the ongoing coronavirus outbreak will immediately drive down home prices.

Rental season ‘completely derailed’ by coronavirus

Apartment search company RentCafé said that in the last week searches for apartments on its site have fallen 25 percent.

RedfinNow temporarily suspends homebuying amid market slump

RedfinNow, the direct-to-consumer homebuying and selling platform, will not be buying homes for the near future, CEO Glenn Kelman confirmed in a letter to shareholders.

Nearly 50% of homes sold to iBuyers were in 4 markets: Mike DelPrete

Mike DelPrete maps the growth of tech-enabled real estate brokerages and iBuyers from 2018 to 2020 at Inman Connect in New York.

Redfin expands estimate coverage, cites greater accuracy

The error rate of Redfin’s AVM improved five basis points and expanded to the state of Connecticut as well as the cities of Boise, Des Moines, Spokane and Chattanooga.

This was the year — and decade — of big money in real estate

Both 2019 and the decade leading to it were dominated by disruption. And the thing fueling that disruption was a whole lot of cash.

Move over Phoenix, Los Angeles is latest battleground for real estate tech

Years ago it was hard to imagine iBuyers ever making headway in a city with older and more expensive homes. But this year Opendoor, Zillow and others went all in on L.A.

IBuyers gobbled 3.1% market share in 3rd quarter of 2019: Redfin

More than 5 percent of homes were sold to iBuyers in Phoenix and Charlotte, the top two markets for the direct-buying platforms.

Redfin Direct expands to biggest market yet: California

As of Tuesday, Redfin Direct is now available in Los Angeles, San Diego, Sacramento, Santa Barbara, the Inland Empire and most of Redfin’s other California markets.