The Last Swashbuckler

Redfin just announced a big milestone: we’ve saved consumers more than $100 million in fees, based on more than $8 billion in home sales, with customer satisfaction of 97%. We’ve done it by charging half the usual fee to sell a home, and saving the average buyer an extra $5,000. With all that money, you could… Read More

Redfin Real-Time Home Price Tracker: Home Sales Surge 22% in October as Prices Continue to Rise

National home prices ticked up just a bit (0.4%) between September and October of this year, but were up 8% in October from a year earlier. As inventory plunged to new depths, the share of new listings that went under contract within two weeks bumped up two percentage points to its highest level since May. Read More

Year-End Slowdown Begins with Sluggish Tours & Offers in October as Record-Low Inventories Continue

As is typical this time of year, the housing market began to lose some steam in October, according to tour and offer data in Redfin’s Real-Time Demand Pulse. The month-over-month change in the number of Redfin clients touring homes and writing offers in October 2012 was nearly the same this year as last. Read More

Redfin Open Book Reaches 10,000 Reviews

Redfin Open Book, our directory of lenders, inspectors, real estate attorneys and escrow agents, just posted its 10,000th review of the service these folks provide, all from the customers who tried to buy or sell a home through Redfin. What’s amazing is that we reached this milestone in just the eight months since Open Book… Read More