Redfin has agreed to pay $9.25 million to settle federal lawsuits that claim U.S. homeowners were saddled with artificially inflated broker commissions when they sold their home as a result of longstanding real estate industry practices.

Homebuyers who can afford to bypass the highest mortgage rates in two decades are increasingly forgoing financing and paying all cash.

A $420,000 home with a 7.57% mortgage rate — the current average — puts the typical U.S. homebuyer’s monthly mortgage payment at more than $2,800.

Texas’s big cities, outside of Austin, are faring better than most across the country,

In San Antonio, buying a home right now would cost, on average, about 5% more than renting — not a huge difference.

The effects of the coronavirus pandemic on the housing market have been making headlines for nearly two years but you might be wondering what the big picture looks like in terms of where we started vs. where we are.

The average long-term U.S. mortgage rate tumbled by nearly a half-point this week, but will likely remain a significant barrier for potential homebuyers as Federal Reserve officials have all but promised more rate hikes in the coming months.

The increase in home prices coupled with skyrocketing mortgage rates puts the median mortgage payment at 2,186, up from $1,463 just a year ago.

The number of Americans applying for jobless benefits rose slightly last week, but the labor market remains healthy despite recent job cuts that have begun to spread across sectors most affected by soaring interest rates, such as housing and technology.

Online real estate broker Redfin is cutting 862 employees and shutting down its instant-cash-offer subsidiary RedfinNow, another casualty of two-decade high interest rates stoked by the Federal Reserve’s fight against inflation.

Homebuyers are regaining leverage at the negotiating table as the housing market slows, new data from Redfin shows.

The average sale price of a home in San Antonio in July was $295,000, according to Redfin. That’s up 12% since the same time last year. However, with a questionable national economy and an apparent pullback in offers on homes, how does the local real estate market look, and what comes next?

Fewer Americans applied for jobless benefits last week as the U.S. job market remains robust despite myriad economic pressures, including four-decade high inflation.

Redfin, the Seattle-based real estate brokerage, says it will lay off 8% of its employees as the housing market cools off.

Fair housing advocates have announced a settlement to resolve a lawsuit against real estate brokerage Redfin that will expand housing opportunities for consumers in communities of color.

A popular real estate listing website conducted a survey that shows thousands of people are looking to potentially move to San Antonio.

Would-be homeowners are increasingly opting to pay sellers more than their asking price in hopes of edging out rivals as heightened competition for the few homes on the market fuels bidding wars.

The Alamo City ranked No. 10 on Redfin’s list that combined Redfin home search data with U.S Census Bureau data.

Soaring home prices and rents are fueling real estate companies' appetite for houses, adding unwelcome competition for many would-be homebuyers.

America’s housing market has grown so overheated as demand outpaces supply that prices keep hitting record highs — and roughly half of all U.S. houses are now selling above their list price.

But Redfin’s minimum price and other policies have had the opposite effect, according to the National Fair Housing Alliance, a Washington, D.C.-based nonprofit dedicated to eliminating housing discrimination, and nine of its member organizations. Under the minimum price policy, Redfin doesn't offer its full services unless homes are listed for certain prices, which vary by market. Further, it alleged, Redfin sometimes failed to provide services even when a home's price topped the minimum. On June 12, for example, there were 218 homes posted on Redfin in non-white neighborhoods in the Kansas City area. The lawsuit asks the court to block any Redfin policies found to violate federal fair housing law and seeks punitive damages.