Tagged: Redfin

The dispute over publicly marketed homes comes amid a Compass–Rocket alliance linking home search, buyer inquiries, and financing offers

Sellers are cutting asking prices, but near-record monthly payments continue to squeeze buyers and limit purchase demand

Redfin reports a record seller surplus and the highest contract cancellation share since early 2020, leaving loan officers with fewer purchase opportunities despite buyers’ growing negotiating power

Thirty-one of the 100 largest markets posted three-month price declines in August, even as national prices remained above year-earlier levels

Redfin counted 58% more sellers than buyers in August, but national home prices still increased as equity-rich owners resisted steep discounts

Former Intuit executive succeeds interim CEO Varun Krishna as Rocket pushes deeper integration across home search, brokerage, mortgage, closing, and servicing

Pending sales fell to a six-month low as inventory increased, giving originators more room to use seller concessions to make difficult purchase deals work

July sales declined 4.1% as affordability squeezed buyers nationally, builder competition slowed Texas markets, and job insecurity weakened demand in Seattle

Redfin leads and servicing recapture lowered acquisition costs, while Rocket Pro posted a 0.69% margin amid investments in its Compass partnership

Pending sales fell to their lowest level since early April, but lower asking prices and reduced competition give originators more options to structure deals for qualified borrowers