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Avoiding the word "million" while house hunting may soon be harder for those hoping to snag a reasonable home price, according to a new report from Redfin. The real estate company found that today ...
Redfin Corporation. Redfin Corporation, based in Seattle, provides residential real estate brokerage and mortgage origination services. The company operates in more than 100 markets in the United States and Canada. [ 1] In 2023, the company had a 0.76% market share in the United States by number of units sold and had an average of 1,776 lead ...
A record number of homes are now valued at $1 million. According to real estate brokerage Redfin, 8.5% of homes in the United States fall into the $1 million-and-up price bracket, marking an all ...
Nearly one in five homes for sale in June had a price cut — also the highest level of any June on record, reports Redfin. That’s a jump from 14.4% the year prior and just behind the 21.7% ...
But Redfin notes that the supply of homes for sale increased by a record 14% last month, giving buyers more options and negotiating power. Show comments Advertisement
Both Redfin and Compass are in the business of helping people find and purchase homes. Mortgage interest rates surged to nearly 6% this week , significantly higher than rates below 3% seen in 2021.
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