Just two months after the Federal Trade Commission (FTC) settled its lawsuit with Zillow and Redfin over the two portals’ alleged anti-competitive agreement, two U.S. Senators have issued a new letter petitioning the organization to take aim at alleged anti-competitive practices on the home-buying side of portals. Senators Elizabeth Warren and Cory Booker penned the…
The Iran War continues to weigh heavily on the economy and the housing market, with mortgage rates returning to the 7% range as inflation remains elevated. With rates now peaked at nearly a three-year high, a new report from Redfin found that housing affordability is once again being eroded and home sales are paying the…
Higher mortgage rates are reshaping the fall housing market, pushing more sellers to reduce prices while fewer buyers move forward with a purchase, according to the recently released Realtor.com® September 2026 Monthly Housing Trends Report. The share of active listings with a price reduction rose to 20.8% in September, up 0.9 percentage points from a…
Home-price growth looks to be continuing to decelerate into the housing market’s fall slowdown, according to a new report from Redfin. Redfin’s latest Home Price Index (RHPI) data saw home prices rise 0.25% month-over-month in August, down from the 0.26% growth seen in July and the 0.27% growth in June. This trend tracks with what…
In the post-COVID era, the housing market has sat pretty firmly in seller’s territory. Record high home prices, elevated mortgage rates and inflation have all kept many buyers on the sidelines. For those that have entered the playing field, though, they’ve been faced with sellers who would more often delist a home rather than lower…
Turns out the pandemic was good for one positive trend. More people than ever moved away from U.S. counties at risk for poor air quality. The tendency continues today, but not to the same extent. A new report from Redfin shows that counties at low risk posted a net inflow of 296,342 in 2025, roughly…
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Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. FTC reaches a settlement with Zillow and Redfin syndication Nearly a year after the Federal Trade Commission (FTC) filed an anti-trust lawsuit against Zillow and Redfin over an “illegal anti-competitive agreement,” the parties…
Rocket Companies, which bought Redfin last year, announced Aug. 31 that Alessio Sanfilippo has been named CEO of Redfin, effective immediately. Sanfilippo joins Redfin from Meta, where he served as vice president of Insights for Reality Labs. The appointment comes after Redfin’s bombastic Founder and CEO Glenn Kelman departed the company back in January, and…
Redfin, the real estate brokerage powered by Rocket, announced on Aug. 17 a partnership with Winnie—one of the largest marketplaces for childcare and early education in the U.S.—to bring local childcare information to every for-sale home listing on Redfin. Home searchers can now view daycare and preschool options closest to each listing, along with details…
Despite fierce headwinds driven by the war in Iran and still-rising mortgage rates, Rocket Companies reported impressive gains during its Q2 earnings call on August 6, thanks in large part to reaching “record levels” in both purchase and refinance quarterly marketshare. “It was one of the toughest spring housing markets in years,” said Rocket Companies…
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