Residential real estate

One Year Later: U.S. Housing Market Remains Caught in a Lopsided Recovery

Retrieved on: 
Thursday, March 11, 2021
Real estate, Real estate valuation, Realtor.com, Residential real estate, Price, Real estate economics

The U.S. housing market, buoyed by record low interest rates, remote work and Americans' desire for more space, outperformed much of the economy throughout 2020.

Key Points: 
  • The U.S. housing market, buoyed by record low interest rates, remote work and Americans' desire for more space, outperformed much of the economy throughout 2020.
  • The realtor.com Housing Market Recovery Index, which was created to measure the pandemic's impact on the housing market by tracking movement in new listings, buyer demand, time on market and prices, stood at 101.6 for the week ended March 6.
  • Aside from new listings, which remain below the pre-COVID baseline, the market is tracking ahead of pre-pandemic levels at the end of January 2020.
  • "One year later, the demand for housing remains strong, while supply remains limited."

Redfin to Present at Wolfe Virtual FinTech Forum

Retrieved on: 
Friday, March 5, 2021
Real estate, Redfin, Real estate valuation, Residential real estate, Real estate broker, Instant Buyer

SEATTLE, March 5, 2021 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following virtual event:

Key Points: 
  • SEATTLE, March 5, 2021 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following virtual event:
    Link to the live webcast, as well as the replay, will be available at http://investors.redfin.com .
  • Redfin ( www.redfin.com ) is a technology-powered residential real estate company, redefining real estate in the consumer's favor in a commission-driven industry.
  • We offer brokerage, iBuying, mortgage, and title services, and we also run the country's #1 real estate brokerage search site, offering a host of online tools to consumers, including the Redfin Estimate.
  • We represent people buying and selling homes in over 95 markets in the United States and Canada.

Redfin to Present at 2021 Truist Securities Technology, Internet & Services Conference

Retrieved on: 
Tuesday, March 2, 2021
Real estate, Redfin, Real estate valuation, Residential real estate, Instant Buyer, Real estate broker

SEATTLE, March 2, 2021 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following virtual event:

Key Points: 
  • SEATTLE, March 2, 2021 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following virtual event:
    Link to the live webcast, as well as the replay, will be available at http://investors.redfin.com .
  • Redfin ( www.redfin.com ) is a technology-powered residential real estate company, redefining real estate in the consumer's favor in a commission-driven industry.
  • We offer brokerage, iBuying, mortgage, and title services, and we also run the country's #1 real estate brokerage search site, offering a host of online tools to consumers, including the Redfin Estimate.
  • We represent people buying and selling homes in over 95 markets in the United States and Canada.

Redfin Predicts It Will Become Less Expensive to Sell Your Home as Real Estate Commissions Become More Transparent

Retrieved on: 
Thursday, February 25, 2021
Real estate, Redfin, Buyer brokerage, Residential real estate, Real estate trends

Redfin expects fees will likely decline in 2021 and beyond as data on agent commissions becomes widely available for the first time.

Key Points: 
  • Redfin expects fees will likely decline in 2021 and beyond as data on agent commissions becomes widely available for the first time.
  • Sellers will be able to see what other sellers are offering when they visit real estate websites, helping them make more independent and informed decisions.
  • Earlier this month, Redfin began displaying the buyer's agent commission for more than 700,000 home listings and plans to add more data as it becomes available.
  • Redfin will continue to report on commission rates and how they change over time as part of its efforts to make the real estate industry more transparent for consumers.

eCommission Launches Access: An Innovative Way for Real Estate Agents to Pay for Goods and Services

Retrieved on: 
Wednesday, February 24, 2021
Payment systems, Residential real estate

Access enables agents to buy goods and services online from their favorite real estate vendors, but only pay for their purchases later using future commissions as an alternative to using cash or credit cards.

Key Points: 
  • Access enables agents to buy goods and services online from their favorite real estate vendors, but only pay for their purchases later using future commissions as an alternative to using cash or credit cards.
  • "Access is a win-win for agents and companies that provide them with important products and services needed to grow," said Sean Whaling, Founder and CEO of eCommission.
  • We're thrilled to launch Access and integrate this payment technology into the checkout screens of the best real estate vendors in the industry."
  • eCommission is a nationally endorsed alliance partner to the industry's largest real estate brands, independent brokerages, and technology companies.

Redfin to Present at Wedbush Real Estate Technology Conference

Retrieved on: 
Thursday, February 18, 2021
Real estate, Redfin, Real estate valuation, Residential real estate, Instant Buyer, Real estate broker

SEATTLE, Feb. 18, 2021 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following virtual event:

Key Points: 
  • SEATTLE, Feb. 18, 2021 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following virtual event:
    Redfin ( www.redfin.com ) is a technology-powered residential real estate company, redefining real estate in the consumer's favor in a commission-driven industry.
  • We do this by integrating every step of the home buying and selling process and pairing our own agents with our own technology, creating a service that is faster, better and costs less.
  • We offer brokerage, iBuying, mortgage, and title services, and we also run the country's #1 real estate brokerage search site, offering a host of online tools to consumers, including the Redfin Estimate.
  • We represent people buying and selling homes in over 90 markets in the United States and Canada.

Are There More Financial Pockets to the Real Estate Industry? Save Max Analysis on Real Estate Trends for 2021

Retrieved on: 
Thursday, February 11, 2021
Real estate trends, Real estate, Residential real estate, Real estate industry

TORONTO, Feb. 11, 2021 (GLOBE NEWSWIRE) -- The Canadian real estate market prices arent just fast growing by local standards.

Key Points: 
  • TORONTO, Feb. 11, 2021 (GLOBE NEWSWIRE) -- The Canadian real estate market prices arent just fast growing by local standards.
  • This compared that to five years ago when there were a quarter of a million listings available for sale.
  • Factors that will influence 2021s real estate market:
    Changing demand for commercial spaces because companies are implementing Work From Home practices.
  • To learn more about Save Max or the upcoming real estate trends, visit www.savemax.ca or email [email protected]
    About Save Max Group of Companies:
    Save Max Real Estate is one of the fastest growing brokerages and opened its first real estate office in Brampton in 2010.

Affordability Surprises First-Time Homebuyers While Parental Assistance, Savings and Wishlist Compromises Prove Common, Survey Finds

Retrieved on: 
Wednesday, February 3, 2021
Real estate, Real estate valuation, Realtor.com, Residential real estate, Mortgage loan, Real estate broker, Marketing

Forty-seven percent were surprised because their budget was larger than they thought, and 21% were surprised because it was less.

Key Points: 
  • Forty-seven percent were surprised because their budget was larger than they thought, and 21% were surprised because it was less.
  • "The dramatic decline of mortgage rates in 2020 was a pleasant surprise for many buyers," said realtor.com Senior Economist George Ratiu.
  • Lower rates allowed many buyers to stretch and buy more expensive homes while keeping their monthly budget the same."
  • Compromising on wish list features, or budget, is key
    To get what they wanted in their first home, many recent buyers had to compromise.

Strategic Agent Now Offers Local Real Estate Agent SEO Marketing Services for CRMLS and Miami MLS Agents Exclusively

Retrieved on: 
Tuesday, February 2, 2021
Real estate in the United Kingdom, Real estate, Estate agent, Housing in the United Kingdom, Real estate broker, Residential real estate, Major League Soccer, Law of agency, Economies, Multiple listing service, Internet Data Exchange

New Strategic Agent Clients from CRMLS and Miami MLS want to reach the same level of success that those agents have, and more, now turn to Strategic Agent, creating an exclusive agreement to market their new website and IDX system with Strategic Agents Real Estate SEO Marketing program.

Key Points: 
  • New Strategic Agent Clients from CRMLS and Miami MLS want to reach the same level of success that those agents have, and more, now turn to Strategic Agent, creating an exclusive agreement to market their new website and IDX system with Strategic Agents Real Estate SEO Marketing program.
  • Location, location, location is the mantra of real estate, and with the marketing programs that Strategic Agent can provide, the agents with CRMLS and Miami MLS, will be able to experience strong growth in 2021.
  • With the SEO strategies that Strategic Agent has planned, every MLS agent within these two group will be able to maintain their existing business and create new business online," said Richard Uzelac, CEO of Strategic Agent Inc.
    Any real estate agent wants to grow a strong business but doesn't know SEO can benefit from a company like Strategic Agent, and the agents within the CRMLS and Miami MLS groups have come to realize that.
  • Strategic Agent specializes is Websites, IDX, and Internet Marketing and Advertising for the Real Estate Industry.

Fraser Valley real estate market full steam ahead in January; another record-setter for property sales

Retrieved on: 
Tuesday, February 2, 2021
Real estate, Multiple listing service, Real estate in Canada, Real estate in the United Kingdom, Residential real estate, Economies

The Fraser Valley Real Estate Board processed a total of 1,718 sales of all property types on its Multiple Listing Service (MLS) in January 2021, an increase of 76 per cent compared to January 2020 and 18 per cent fewer then were processed in December 2020.

Key Points: 
  • The Fraser Valley Real Estate Board processed a total of 1,718 sales of all property types on its Multiple Listing Service (MLS) in January 2021, an increase of 76 per cent compared to January 2020 and 18 per cent fewer then were processed in December 2020.
  • It improved slightly in January, but weve got a long way to go to replenish our housing stock.
  • The Board received 2,784 new listings in January 2021, an increase of 26 per cent compared to January of last year.
  • The Fraser Valley Real Estate Board is an association of 3,811 real estate professionals who live and work in the BC communities of North Delta, Surrey, White Rock, Langley, Abbotsford, and Mission.