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A new analysis published by Redfin shows that investors are coming off the sidelines and scooping up roughly 1 out of every 5 homes for sale in the U.S.
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] The company has a 0.80% market share in the United States by number of units sold and has approximately 2,000 lead agents.
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 ...
Last year, the share of homes selling above list price steadily increased from 20% in January to a peak of 42% in May, according to Redfin. This year, 30% of homes for sale in the Cincinnati area ...
‘Housing has hit rock bottom’: Top real estate CEO says high home prices are shutting people out of the market. Alena Botros. ... Redfin isn’t betting on that right now,” Kelman said.
A new report published by Redfin found that more home sellers are cutting their asking price, suggesting sale-price growth could soften later this year.
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