Redfin’s AI search assistant, Ask Redfin, is now available across the country.
Redfin, a Seattle-based brokerage, has officially launched its artificial intelligence-powered home search assistant, Ask Redfin, nationwide. The feature, which was previously in beta testing for nearly two months, is now available to all homebuyers using Redfin’s Apple iOS app. After completing a quick update, users will automatically see Ask Redfin on a home’s listing page. […]
According to Redfin, there has been a decrease in investor activity as they bought 45% fewer homes compared to the previous year.
A recent report from Redfin reveals that investor home purchases in Q2 2023 experienced a significant decline of 45% compared to the previous year, marking the largest drop since 2008. This decline in investor purchases surpassed the overall decline in home sales, which stood at 31%. The report also highlights that investor market share has […]
Redfin Says Investors Buying Half as Many Homes as They Were a Year Ago
[ad_1] A new report from Redfin says that investor purchases of U.S. homes fell a record 45.8% year over year in Q4 2022. They said the high cost of borrowing money and the prospect of substantial home-price declines have made real estate investing less attractive. In addition, they point out that the 2nd biggest decline […]