The following arrived via a news release from Redfin: This past August, typically one of the hottest selling months of the year, the number...
The concept of a “willing suspension of disbelief” is credited to Samuel Taylor Coleridge from the year 1817. Wikipedia summarizes it thus: … if...
The Gammonley Group was considered a pioneer when it began sales in 2001 for 1111 S Wabash, a 34-story, 247-unit condominium in the South...
Yesterdays’ email included the following, from Redfin: According to Redfin’s latest Bidding War Report, Chicago saw a 2.8 percentage point decline in bidding wars...
Redfin yesterday issued its Real-Time Demand Pulse, “the only report in the industry that analyzes tour and offer data.” The report tracks data across...
Market conditions being what they’ve been, it’s been years since “Chicago’s hottest neighborhoods” was a phrase that didn’t immediately elicit ridicule. With a number...
Redfin recently announced the winners of its “Iconic Homes of America” contest. Redfin visitors nominated the homes listed for sale on the site that...
The WAV Group recently published a Redfin-sponsored study comparing listing search results at local brokerage websites in 11 major markets with search results on...
At most real estate brokerage firms, agents are independent contractors who work solely on commission. Redfin agents are salaried employees who also receive fringe...
Redfin‘s Dario Medina and Mark Reitman stopped by my office the other day for an off-the-cuff discussion of Redfin’s business model and some of...
Redfin revealed its latest upgrade this morning — notes from Redfin agents appended to the listings they’ve toured. “With each new home toured, Redfin’s...
“There is no buyer urgency in this market. It’s all about the ‘deal.’ Buyers who don’t get their desired price move on to sellers...
OK, Redfin has my attention. In the old days (you know…yesterday), a home search that covered too broad a price range or home style...
While I’m on the subjects of 2650 North Lakeview and Redfin data, I might as well point out the following. You see this Google...
