Rents in Raleigh soar at fastest rate in top 50 US cities, report says
The price of renting in Raleigh increased more than any other major metropolitan area in the last year, at more than three times the U.S. inflation rate.
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Redfin
Redfin to shut down home-flipping biz, cuts 13% of its workforce
Redfin is set to shutter its home-flipping business and reduce its workforce by 13%, laying off 862 employees. Here are the details.
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Online real estate brokerage Redfin lays off hundreds as housing market slows
The cuts at the online listing site and real estate brokerage could affect more than 450 people. Redfin has about 5,800 employees, not including those who work for RentPath, which Redfin acquired last year.
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Demand for vacation homes slowing as rates and fees increase, new analysis finds
Demand for second homes, also known as vacation homes, has dropped back below demand for primary residences, a new analysis from Redfin finds.
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Raleigh homes are about to get even less affordable, economists find
A new study from Redfin finds that Raleigh will see the biggest decline in the nation of the percentage of affordable homes, if interest rates rise just 0.4%.
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NC among top ‘migration destinations’ as Americans flee big cities during COVID-19
The Old North State ranked No. 7 on the list of states that saw the biggest influx of new moves between March and August this year in data compiled by moving company United Van Lines.
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