Items Tagged with 'Redfin'

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  • Redfin hires behavioral economist from Amazon

    Daryl Fairweather joins real estate brokerage
    Real estate brokerage Redfin announced Daryl Fairweather has joined the company as its chief economist. The company explained that Fairweather, who joins the company from Amazon, will work closely with Redfin's business leaders and agents to better understand the behavior and mindset of homebuyers and sellers.
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  • Zillow to launch buying and selling operations in Charlotte and Raleigh

    Expands Zillow Offers to six markets
    Zillow announced it is expanding its home buying and selling operations into Charlotte and Raleigh. The additions bring Zillow’s burgeoning home buying and selling operations to six markets nationwide. The program launched in Phoenix in April, then moved on to Las Vegas and Atlanta, with Denver set to open later this month.
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  • Redfin: Supply of for-sale homes surge in the West

    San Jose experienced the largest year-over-year supply increase across U.S. metros
    Redfin reports after more than six years of tight supply and surging home prices, the third quarter of 2018 has been a critical moment for the housing market in many West Coast metro areas. Notably, San Jose experienced the largest year-over-year supply increase across the country.
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  • Redfin Mortgage opens up shop in Colorado

    This is the 10th market Redfin Mortgage has expanded into and the 5th this year
    Redfin Mortgage just expanded into Colorado, its 10th new market since Redfin launched its mortgage lending operations in January 2017. Redfin Mortgage offers fixed- and adjustable-rate mortgages and jumbo loans in each of the 10 markets it operates in: Georgia, Illinois, Minnesota, North Carolina, Ohio, Pennsylvania, Texas, Virginia, Washington, D.C., and now, Colorado.
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  • Redfin: Number of homes selling above list price drops

    Only 23% of homes sold for more than asking
    In the four weeks ending on September 23, homes that sold above asking price dipped below 2016 levels, according to the latest data from Redfin. Redfin Senior Economist Taylor Marr the fact that fewer homes are selling above their asking price is another indication that competition is getting less intense than it has been in recent years.
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  • Redfin: Are high taxes planting the seeds of a coastal exodus?

    People are getting restless and it could mean new demand for sleepy markets
    People are fleeing high taxes on the coasts for more affordable markets in the interior. According to a report from Redfin, 24% of Redfin's website users who were searching for a home in the second quarter looked to move away to a new metro area. This is a 3% increase in restlessness over last year at this time.
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  • Minority homeowners saw highest rate of equity growth

    Equity gap widens between white and minority communities
    Homeowners in minority neighborhoods started out with the lowest level of home equity but saw the greatest percentage gain in the last six years, according to a Redfin study. ZIP codes with mostly white residents had the lowest percentage gains in equity, but the largest increase in absolute dollars.
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  • Redfin Mortgage expands into North Carolina

    The company is continuing its expansion into the mortgage lending space, adding its eighth state of operation to its roster
    Redfin Mortgage is on the move again. The company just announced that its mortgage lending arm is setting up shop in North Carolina as it continues its national foray into the national mortgage lending landscape.
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