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The Latest Breaking News from Redfin

Black Friday deals aren't just for holiday shopping. Homebuyers are getting record-high discounts as desperate sellers offer multiple price cuts

The cumulative price cut in October hit $25,000, matching the largest discounts Zillow has ever recorded.

Fortune

Things look good from the top: Luxury home prices hit record-high - here’s what it means for the wider real estate market

The median luxury home sale price reached $1.28 million in October

The Independent UK

Despite Recent Stock Rebound, AI Bubble, Housing Slump, and Bitcoin Losses Fuel Fears of a Major Market Crash

Fears of a stock market crash grow despite a recent rebound. An AI bubble, a deep housing slump, and Bitcoin losses signal systemic risks for investors.

International Business Times UK

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5 Charming Small Towns Where America's Wealthy Retire

Discover 5 small communities in the U.S. for affluent retirees — where charm outweighs the cost.

Kiplinger

10 Safest States To Live for Your Health and Finances

Looking for a safe place to live? These 10 states offer the best mix of health, financial stability and overall well-being for long-term peace of mind.

GOBankingRates

The 50-Year Mortgage: Completely Fine or a Total Flop?

Mortgage experts are divided on the wisdom of a 50-year mortgage. No one seems to think it's the key to making homeownership affordable.

Reason

A risky mortgage instrument that helped spark the Global Financial Crisis is on the rise, but 3 things are different this time around

Before the crash of 2008, a decline in home prices was inconceivable to the market. Is the modern equivalent a federal rate hike?

Fortune

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Dave Ramsey Reveals Why Millionaires Crush Mortgages Early

Personal finance guru Dave Ramsey has offered numerous pieces of advice on buying a home over the years. One conversation from 2019, a Texas caller asking whether to pay cash for a house, is the clip he keeps reposting across social media to make a simple point that debt-free homeownership…

Benzinga

Americans staying put: US home turnover rate at lowest level in decades as housing slump drags on

The number of U.S. homes that typically changes hands as people relocate for work, retire or trade-up for more living space hasn’t been this low in nearly 30 years

The Independent UK

The U.S. housing market is in spooky season: 15% of home sellers are getting ghosted by buyers

“It’s a buyer’s market in most of the U.S.,” according to Redfin.

Fortune

4 Cities in Florida Where People Are Moving To Most

Let's take a closer look at what's going on in each city and what makes them so appealing.

GOBankingRates

Would-be homebuyers are getting cold feet and backing out of deals at a record pace as some sellers have a ‘hard time adjusting’ to new reality

About 56,000 U.S. purchase agreements were canceled in August, representing 15.1% of homes that went under contract that month, Redfin said.

Fortune

4 Retirement Lessons From the Characters of ‘Sex and the City’

A lack of retirement savings, combined with lifestyle inflation, would've likely caused at least some of the women to rely on Social Security and Medicare.

GOBankingRates

I’m a Real Estate Agent: Here’s Why You Should Wait Until 2026 To Sell Your House

According to a recent report from Realtor.com, the best time to buy a home is the week of Oct. 12-18, as it presents a rare opportunity with a unique combination of higher inventory, lower prices and...

GOBankingRates

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MarketBeat

Buy the Dip? Zillow’s Profit Comeback Meets Market Pressure

Zillow stock faces pressure from an FTC lawsuit despite strong mortgage growth and a return to profitability for the first time in over a decade

International Business Times UK

Here's Why This Activist Hedge Fund Bought $555M Shares of Rocket Companies A Day After FTC Lawsuit

ValueAct Capital, led by Jeff Ubben, purchased 26.3 million shares of Rocket Companies a day after the FTC filed a lawsuit against its subsidiary, Redfin.

International Business Times UK

Zillow Stock Skids 4.5% After FTC Lawsuit — Is It Still A Buy Now?

Zillow's stock declined yesterday after the FTC filed a lawsuit against the company and Rocket Companies' Redfin for entering a $100 million unlawful agreement to suppress competition in the online rental housing advertising market.

Benzinga

Zillow Stock Is Falling: What's Behind The Sell-Off?

Zillow Group Inc (NASDAQ:Z) (NASDAQ:ZG) shares are trading lower on Wednesday after New York Attorney General Letitia James and four other states filed an antitrust lawsuit accusing the company of paying a major competitor to exit the apartment rental advertising business.

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news in one place.

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Reason

Trump: Government Shutdown Could Do 'A Lot of Good'

Plus: Addressing "the enemy within," the FTC's pointless meddling, Joy Reid finally understands half the country, and more...

International Business Times

Zillow Allegedly Paid Redfin $100M to Exit Rental Ad Market, Regulators Claim

FTC accuses Zillow of paying Redfin $100M to exit rental ads, allegedly violating antitrust laws.

The Guardian - US

Zillow and Redfin accused of suppressing competition in lawsuit

Federal Trade Commission alleges agreement between two firms started when Zillow paid Redfin $100m

The Independent UK

FTC sues Zillow and Redfin over deal it accuses of supressing competition in rental ads

The U.S. Federal Trade Commission is suing Zillow and Redfin, accusing them of an illegal deal to suppress competition in online rental advertising

GOBankingRates

Retirees Should Avoid Renting in These 4 California Cities With the Most Competition

Retirees looking to rent in California should avoid these four cities—find out where competition is highest and what it means for your budget.

Fortune

A gauge of future home sales just turned negative—despite 9 straight weeks of falling mortgage rates

“A lot of buyers are hesitating because they’re worried about potentially losing their jobs, losing money in their stock portfolio, and the economy in general."

Fortune

Housing costs are so high some Americans are delaying milestones like getting married, having kids and even adopting a pet

More than 44% of homeowners and renters report struggling to afford rent or mortgage payments.

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