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The Latest Breaking News from Redfin

Americans staying put: US home turnover rate at lowest level in decades as housing slump drags on

The number of U.S. homes that typically changes hands as people relocate for work, retire or trade-up for more living space hasn’t been this low in nearly 30 years

The Independent UK

The U.S. housing market is in spooky season: 15% of home sellers are getting ghosted by buyers

“It’s a buyer’s market in most of the U.S.,” according to Redfin.

Fortune

4 Cities in Florida Where People Are Moving To Most

Let's take a closer look at what's going on in each city and what makes them so appealing.

GOBankingRates

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Would-be homebuyers are getting cold feet and backing out of deals at a record pace as some sellers have a ‘hard time adjusting’ to new reality

About 56,000 U.S. purchase agreements were canceled in August, representing 15.1% of homes that went under contract that month, Redfin said.

Fortune

4 Retirement Lessons From the Characters of ‘Sex and the City’

A lack of retirement savings, combined with lifestyle inflation, would've likely caused at least some of the women to rely on Social Security and Medicare.

GOBankingRates

I’m a Real Estate Agent: Here’s Why You Should Wait Until 2026 To Sell Your House

According to a recent report from Realtor.com, the best time to buy a home is the week of Oct. 12-18, as it presents a rare opportunity with a unique combination of higher inventory, lower prices and...

GOBankingRates

Buy the Dip? Zillow’s Profit Comeback Meets Market Pressure

Zillow stock faces pressure from an FTC lawsuit despite strong mortgage growth and a return to profitability for the first time in over a decade

MarketBeat

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Here's Why This Activist Hedge Fund Bought $555M Shares of Rocket Companies A Day After FTC Lawsuit

ValueAct Capital, led by Jeff Ubben, purchased 26.3 million shares of Rocket Companies a day after the FTC filed a lawsuit against its subsidiary, Redfin.

International Business Times UK

Zillow Stock Skids 4.5% After FTC Lawsuit — Is It Still A Buy Now?

Zillow's stock declined yesterday after the FTC filed a lawsuit against the company and Rocket Companies' Redfin for entering a $100 million unlawful agreement to suppress competition in the online rental housing advertising market.

International Business Times UK

Zillow Stock Is Falling: What's Behind The Sell-Off?

Zillow Group Inc (NASDAQ:Z) (NASDAQ:ZG) shares are trading lower on Wednesday after New York Attorney General Letitia James and four other states filed an antitrust lawsuit accusing the company of paying a major competitor to exit the apartment rental advertising business.

Benzinga

Trump: Government Shutdown Could Do 'A Lot of Good'

Plus: Addressing "the enemy within," the FTC's pointless meddling, Joy Reid finally understands half the country, and more...

Reason

Zillow Allegedly Paid Redfin $100M to Exit Rental Ad Market, Regulators Claim

FTC accuses Zillow of paying Redfin $100M to exit rental ads, allegedly violating antitrust laws.

International Business Times

Zillow and Redfin accused of suppressing competition in lawsuit

Federal Trade Commission alleges agreement between two firms started when Zillow paid Redfin $100m

The Guardian - US

FTC sues Zillow and Redfin over deal it accuses of supressing competition in rental ads

The U.S. Federal Trade Commission is suing Zillow and Redfin, accusing them of an illegal deal to suppress competition in online rental advertising

The Independent UK

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GOBankingRates

Retirees Should Avoid Renting in These 4 California Cities With the Most Competition

Retirees looking to rent in California should avoid these four cities—find out where competition is highest and what it means for your budget.

Fortune

A gauge of future home sales just turned negative—despite 9 straight weeks of falling mortgage rates

“A lot of buyers are hesitating because they’re worried about potentially losing their jobs, losing money in their stock portfolio, and the economy in general."

Fortune

Housing costs are so high some Americans are delaying milestones like getting married, having kids and even adopting a pet

More than 44% of homeowners and renters report struggling to afford rent or mortgage payments.

GOBankingRates

What $1 Million Buys You in San Francisco vs. Detroit (The Difference Is Extraordinary)

See how far $1 million goes in San Francisco vs. Detroit. The real estate gap is shocking—and could change how you think about home buying.

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news in one place.

100's of premium titles.
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Fortune

Home sales are headed for their worst year since 1995 as 'economic jitters' spread from buyers to sellers, Redfin says

Active listings fell 1.4% in August from the prior month, per Redfin.

GOBankingRates

Americans Hate These 4 Cities — but That Might Make Them Hidden Gems for Buyers

Discover why cities like Detroit and Oakland, despite their low favorability, could offer smart opportunities for homebuyers and real estate investors.

Fortune

Canadians don’t want to live in America and it shows: The number of Canadians searching for U.S. homes is down 20% year over year

The steepest decline came in April after Trump’s tariff announcements.

Benzinga

Rocket Companies Could See Major Upside With Rate Cuts Approaching: Analyst

Rocket Companies, Inc. (NYSE:RKT) is emerging as a major potential winner from falling mortgage rates, with its strong refinancing share and recent acquisitions setting the stage for growth in both volumes and profitability.

International Business Times UK

'I Wish I'd Stay Renting': Atlanta Man, 31, Regrets Buying $399K Home During Pandemic He Now Can't Offload

First-time buyer regrets pandemic-era home purchase in Atlanta amid soaring costs and sluggish market, offering a cautionary tale for buyers everywhere.

Fortune

America’s homeownership rate falls for the first time since 2016 amid economic and demographic shifts, Redfin says

Renting is all the rage, surging by the greatest level seen in years.

Fortune

The U.S. housing market is ‘finally starting to listen’ to homebuyers plagued by high mortgage rates and home prices, economist says

Mark Fleming’s analysis is based on First American’s Real House Price Index, which, unlike other home-price indexes, accounts for inflation.

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