iBuyers purchased 0.3 percent of all homes sold across 418 U.S. metro areas analyzed by Redfin during the fourth quarter of 2020, down from 0.8 percent of all homes sold the year before. iBuyers have been back in action now for months, after [...]
In Atlanta, iBuyers paid buyers’ agents 3 percent in 2019. In the fourth quarter of 2020, that dropped to 2.5 percent. While increasing scrutiny on offer prices — due to high price appreciation — led to a slowdown in the number of homes[...]
The pandemic’s effect on the real estate market has been quite the opposite of what many experts feared at the start of the outbreak — as inventory dwindled, home prices and sales both soared in 2020. According to the latest numbers from [...]
Homes for sale in rural areas across the nation were down 44.4 percent year over year during the four weeks ending Jan. 21, driving an all-time low in active listings, according to Redfin. Homes for sale in rural areas across the nation [...]
When 2020 began, it already promised to be a memorable year. With Trump entering the home stretch of his first term and a crowded field of Democrats still vying for the chance to challenge him, it seemed like politics would dominate the next 12 [...]
If 2020 has shown anything, it’s that there’s no going back to life as it was prior to the pandemic. Ten months of health scares and business closures have permanently altered many people’s priorities when it comes to where they want to live. [...]