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This is your home on tech
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This is your home on tech

Listings With the M&A market for listings services heating up, eyeballs are worth a lot more than they used to be. CoStar bought national search portal Homesnap for $250 million in November, pitting the...

This is your home on tech
(iStock/Illustration by Kevin Rebong for The Real Deal)

March madness: Homes sold faster than ever last month

The housing market is setting all kinds of records. Fifty-nine percent of homes that went into contract in the...

March madness: Homes sold faster than ever last month
Redfin CEO Glenn Kelman and RentPath CEO Dhiren Fonseca (Redfin, Rentpath, iStock)

Redfin finalizes $608M RentPath acquisition

It’s official: Redfin has finalized its purchase of RentPath for $608 million in cash, expanding the brokerage’s presence in the rental market. The acquisition gives Redfin control of RentPath’s subsidiaries, including Apartment Guide, Rentals.com...

Redfin finalizes $608M RentPath acquisition
Housing sale-to-list price ratio nears 100% in February. (Unsplash)

Home sale prices near 100% of asking prices

The housing market is becoming even more competitive. The sale-to-list price ratio, which measures how close homes sell to their asking price, was 99.6 percent during the four-week period ending Feb. 28. That’s 1.6...

Home sale prices near 100% of asking prices
Glenn Kelman (Randy Stewart via Flickr)

Redfin revenue grows as it races to hire more agents

The hot housing market has crowned another winner: Redfin. The discount brokerage reported revenue of $866.1 million in 2020,...

Redfin revenue grows as it races to hire more agents
Redfin CEO Glenn Kelman (Ars Technica, iStock/Illustration by Kevin Rebong for The Real Deal)

Redfin to publicize flood risk data for all listings

UPDATE, Feb. 19 2021, 3:30 p.m.: Redfin began publishing flood risk data for millions of homes listed on its...

Redfin to publicize flood risk data for all listings
Redfin CEO Glenn Kelman and RentPath CEO Dhiren Fonseca (Redfin, RentPath/Illustration by Kevin Rebong for The Real Deal)

Redfin to buy RentPath for $608M

Making a major push into the rental market, Redfin has struck a deal to buy RentPath for $608 million, the brokerage said Friday. The deal, which is subject to regulatory approval, comes less than...

Redfin to buy RentPath for $608M
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