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The report indicates a slowdown in new listings, with a modest 2.5% year-over-year increase, marking the smallest rise in five months. Notably, 20 of the 50 largest U.S. metro areas experienced declines in new listings, with significant drops in cities such as Tampa, San Antonio, and Orlando. The report also notes that while there are still more sellers than buyers, many potential sellers are holding back, opting to stay put or rent their properties due to missed opportunities for prime selling conditions. Redfin Premier agent Kathy Scott advises sellers who must proceed with sales to set realistic expectations, consider neighborhood-specific market conditions, and adjust pricing strategies accordingly. 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Sitting at the mouth of residential real estate's customer acquisition funnel, the two companies are well positioned to make homebuying into a cheaper and more efficient process, says Brad Safalow, whose independent investment research firm PAA Research has followed the real estate services industry for years. He has Buys on both stocks.Buying a home remains an archaic process, notes Safalow. \"It can take 45 to 60 days,\" he says, because it involves real estate agents, lawyers, bankers, mortgage brokers, and title insurers.Zillow and Rocket want to take out costs and tighten house buying into a seamless transaction. Doing so will lead to significant market share gains for both.CoStar bought Homes.com in 2014 for $585 million and has spent about $1 billion marketing it, including a brand relaunch at the 2024 Super Bowl. 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The standout transaction was a Bel Air estate, which sold for $110 million, making it the most expensive sale of the month. Following closely was a Spanish villa in Holmby Hills, Los Angeles, purchased for $57.3 million. Overall, the top 10 transactions included four homes in Southern California, four in coastal Florida, and two in Manhattan, each selling for more than $30 million. Despite growing climate risks and rising insurance costs, these high-end properties continue to attract wealthy buyers who are undeterred by potential losses. Additionally, Redfin highlighted that the most expensive active listings are predominantly located in Florida, with the priciest being an oceanfront estate in Manalapan, FL, listed at $285 million.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250625:nNDL6hj8HS:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Redfin Reports Bel Air Estate Tops May's Most Expensive Home Sales at $110 Million","news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["RDFN"],"gpt_icon":0},{"id":"2546264267","title":"A Shrinking Housing Market Means Upheaval for Buyers -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2546264267","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2546264267?lang=en_us&edition=fundamental","pubTime":"2025-06-25 13:00","pubTimestamp":1750827600,"startTime":"0","endTime":"0","summary":"The housing market is barreling toward its third bad year of home sales. Once demand roars back, real estate transactions could look different for buyers, sellers, and investors.Anemic home sales are accelerating a housing market reconfiguration long in the making. In the coming years, it may be more common to purchase a home from one of the big public builders than a local developer, or secure a mortgage from the same portal you used when shopping for a home.Big real estate companies are building digital platforms to keep more parts of the home purchase transaction under one roof -- and taking business from real estate brokerages and mortgage lenders.\"Anything that makes things easier for people -- that's where the world is moving,\" says Tim Bodner, PwC's real estate deals leader.Where some smaller brokerages see trouble, others see buying opportunities. Compass, a $3.2 billion real estate brokerage based in New York, grew its ranks of principal agents nearly 42% in this year's first 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