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The real-estate listings firm cited that 48% of US home listings stayed on the market longer than 60 days in August, the biggest share since 2019. The figure marks a 43% increase from the year before.
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 agents. [1]
A difficult backdrop four housing activity. Redfin is a cyclical business that goes as the housing market goes, and changes in market conditions can significantly impact it. As a result, its ...
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% ...
Internet real estate platforms surfaced around 1999 when technology advanced and statistics prove that more than 1 million homes were sold by the owners themselves in the United States alone in 2000. [1] Some of the primary Internet real estate platforms include Zillow, Trulia, Yahoo! Real Estate, Redfin and Realtor.com. [1]
Glenn Kelman is the chief executive of Redfin, a self-described technology-powered real estate company, a modern way to buy and sell homes. He’s been at the helm for almost two decades and doesn ...
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