Redfin Closes iBuyer, Lays Off Over 800
Brokerage and listings portal Redfin announced the second major round of layoffs this year as the housing market stays suppressed and the prospects for 2023 look pessimistic.
iBuyers Returned to Market in Q1
A new analysis of MLS data and public records by Redfin researchers shows that iBuyers are surging back into the real estate market in the industry’s core metro areas after putting operations on pause thanks to the pandemic.
Survey: 10 Percent of Homeowners Plan to Sell Within 12 Months
A new survey from Realtor.com suggests there may yet be hope for seeing more inventory in the nation’s housing markets.
iBuyers Have Arrived in Greater Boston. But Will They Thrive?
RedfinNow, Redfin’s iBuying service, recently entered the red-hot suburban Boston housing market. But the move’s biggest impact, for now, could be to boost the discount brokerage’s market share among open-market home sales.
Redfin Brings iBuyer Service to Boston
Discount brokerage Redfin is bringing its iBuyer service to suburban Boston, marking the first expansion of a national iBuyer service to a region that many had previously avoided due to its widely varied housing stock.
iBuyers Sales Slowed Considerably in Pandemic
Researchers at Redfin, the discount brokerage and listings website, say iBuyers bought 48 percent fewer homes in the last quarter of 2020 than they did a year earlier.
