Compass CEO Robert Reffkin openly brags on LinkedIn about how his company hides bad things about homes for sale so unsuspecting homebuyers will pay more.
Requiem for a real estate dream: a Redfin retrospective
Now that a year has passed since Rocket Companies completed its acquisition of Redfin and it’s been six months since Redfin had its own CEO, I thought it would be worth reflecting on what Redfin accomplished during its two-decade run as an independent company and how the Redfin of 2026 became exactly the kind of company that the Redfin of 2007 was created to fight against…
Homebuyers are taking on monthly payments 59% higher than at the 2007 peak of the previous housing bubble.
As of February, the monthly payment for the median-price single-family home sold in King County at current mortgage rates was $3,945. The good news: This is down from an eye-watering $4,758 in October. The bad news: It’s up dramatically from just a year prior, and 59% higher than what we saw at the peak of the previous housing bubble…
Home prices are finally falling around Seattle—more than most places in the nation
Let’s check up on what’s happening with the Seattle-area housing market in early 2023, shall we?
Time for the housing market to detox from low mortgage rates
After more than a decade of rates under 5%, we’re finally going to see how a more “normal” mortgage rate will impact the housing market.