Redfin and Zillow must change agreement that hurts competition, FTC says
Federal regulators alleged that a $100 million deal between Redfin and Zillow stifled competition for apartment listings.
Redfin
Feds accuse Zillow of paying Redfin $100 million to "stop competing"
The FTC alleges the online real estate firms agreed not to compete against each other in the market for placing rental housing ads.
Here's how much you have to make to afford a starter home in the U.S.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
Here's how much you need to earn to afford a home in 97 U.S. cities
"Even places that historically have been affordable now need six figures," according to Redfin's chief economist.
Vast majority of U.S. homes are unaffordable to the average buyer
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
U.S. homes see decline in value, report finds
A new report from Redfin found that homeowners are seeing a significant decline in their home values, dropping a total of $2.3 trillion between June and December of 2022. Taylor Marr, deputy chief economist at Redfin, joins CBS News to discuss the report.
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Cornell president says school "must do better" amid criticism of its investigation
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