U.S. investor home purchases fell 6% year over year in the first quarter to their lowest level since 2020, when the start of the pandemic ground homebuying to a halt. Prior to 2020, the last time investors bought so few homes was in 2016. "Higher mortgage rates, slowing price growth and rising construction costs are giving both investors and individual homebuyers pause. Flippers and investors are scaling back, and being much more strategic when they do buy homes," said Tamara Mattox-Kabat, a Redfin Premier agent in Denver. https://lnkd.in/eRBGjz-g
About us
Redfin is now powered by Rocket. Join our mission to redefine real estate. Redfin is a technology-driven real estate company with the country’s most-visited real estate brokerage website. As part of Rocket Companies (NYSE: RKT), Redfin is creating an integrated homeownership platform from search to close to make the dream of homeownership more affordable and accessible for everyone. Redfin’s clients can see homes first with on-demand tours, easily apply for a home loan with Rocket Mortgage, and save thousands in fees while working with a top local agent. Download the Redfin app: https://redfin.onelink.me/iy7h/sxd0hwzq California DRE #01521930 | Equal Housing Opportunity
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https://www.redfin.com
External link for Redfin
- Industry
- Real Estate
- Company size
- 1,001-5,000 employees
- Headquarters
- Seattle, WA
- Type
- Public Company
- Specialties
- National Brokerage, Real Estate, Listing Homes, Buying Homes, iBuyer, and Mortgage
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Redfin
Multiple Listing Service (MLS) Software
Search all real estate listings. Tour homes and make offers with the help of local Redfin real estate agents.
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1099 Stewart St, Suite 600
Seattle, WA 98101, US
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Updates
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Contract cancellations dipped slightly in April as buyers and sellers gained more confidence in the housing market, though cancellations remained highest in Sun Belt buyer’s markets like Atlanta and San Antonio, and lowest in San Francisco, where AI-driven demand continues to heat up the market. “We’re seeing some buyers cancel purchase agreements, but no more than usual, and when buyers do back out it’s typically because of post-inspection repair costs and appraisals,” said Timothy J. Hourigan, Redfin Premier agent in Syracuse, NY. https://lnkd.in/dBP67mDV
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Selling a home can feel like an all-or-nothing decision. A lot of homeowners wish it didn’t have to. “There are homeowners out there who want to sell, but they need a low-risk way to gauge the housing market before committing. Testing the waters with Redfin Early Access can help homeowners feel more confident and ultimately help them feel at peace with their home-selling journey,” said Jason Aleem, Redfin Chief of Real Estate Services. Redfin Early Access was built to give sellers more flexibility and a little more peace of mind before officially hitting the market by allowing them to test pricing strategies and gauge interest. Read more about Redfin Early Access here: https://lnkd.in/gg7RJi4B
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The housing market is picking up momentum heading into spring. Redfin’s latest monthly housing market report found U.S. home prices rose 2.4% year over year in April, the biggest increase in over a year, while pending home sales climbed to their highest level since 2023. At the same time, active listings have hit the highest level since 2020. It’s still a buyer's market, but it’s starting to look more balanced than it did just a year ago. Read the full report here: https://lnkd.in/gm_qscaN
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Sunlight can make or break a home — and now you can search for it. Introducing Sunscore, exclusively on Redfin. A simple 0–100 rating that shows how much natural light a home receives, powered by 3D shadow-modeling technology from our partners at Shadowmap. Neighboring buildings, tree cover, seasonal shifts — all factored in, before you ever step inside. Because the way a home feels in the light shouldn't be a guess. Check out our YouTube video to learn more: https://lnkd.in/gkr7cPtq
How Much Sunlight Does Your Home Get? Redfin Launches Sunscore
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Data tells the story. Accessibility brings it to life. Redfin’s Data Center just got a fresh new look, making it even easier to explore housing market trends at both the national and local level. From home prices and inventory shifts and market competitiveness, the platform gives journalists, analysts, buyers, sellers, creators and housing enthusiasts direct access to downloadable real estate data, completely free. As conversations around housing continue to evolve, accessible data helps turn headlines into deeper insight. The only thing we ask is that you cite Redfin as the source! Explore the new experience: https://lnkd.in/eGvq_DF
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The hottest list in real estate is back 🔥 Redfin data experts just ranked 2026’s hottest neighborhoods, and for the second year in a row, the Midwest is leading the way. Homes are moving faster, and competition is holding strong across many of these markets. What stands out isn’t just where these neighborhoods are. It’s what they signal. Demand is building in places that are often overlooked, and that’s shaping where buyers and sellers are finding opportunity right now. #realestate Explore the full list: https://lnkd.in/gTGcnviw
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Our Hottest Neighborhoods list of 2026 drops tomorrow! 👀 🔥 #realestate