Por: MarketWatch Politics November 07, 2022
It has already plunged 61.3% over the past three months through Friday, and 91.9% over the past 12 months, and analyst Helfstein’s new price target suggests it could lose another two-thirds of its value. “We believe Redfin’s core business is fundamentally flawed with fixed-cost model for agents versus 100% commission for industry,” Helfstein wrote in a note to clients. Helfstein cut his rating to underperform, after being a perform from... + full article
MarketWatch USA Business November 07, 2022
“We believe Redfin’s core business is fundamentally flawed with fixed-cost model for agents vs. 100% commission for industry,” Helfstein wrote in a research note. Redfin directly employs its real-estate agents and pays them a salary, as opposed to those agents making a... + más
With high house prices, down payments peaked in 2022. They increased the most in these 5 cities. | MarketWatch
'They’re waiting to see if home prices fall': Home buyers are backing out of contracts in the Sun Belt at a record rate | MarketWatch
MarketWatch USA Business November 01, 2022
Just over 24% of Redfin users were looking for a deal in a cheaper metro area in the third quarter — a record high. To put that in context: Even during the pandemic, only 18% of users were looking to relocate. Warm cities topped the list of most desired locations: The top... + más
Killer clown suspect Sheila Keen-Warren to remain in jail | WPTV
People are keen to move out of big cities due to inflation. They are eyeing these sunny locations for lower-cost living. | MarketWatch
MarketWatch USA Politics October 31, 2022
Showers, gusty winds could interrupt sunny fall weather in central Pa. | PennLive
MarketWatch USA Business October 21, 2022
For the average homebuyer, the monthly payment on that mortgage has risen by 50% from a year earlier when mortgage rates were at 3%, Redfin said. The massive jump in rates has iced buyer demand, with sales of The last time sales dropped for so many consecutive months was in... + más
Sources: Adam Silver apologizes to Suns employees, says he takes responsibility for NBA letting them down | ABC News
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MarketWatch USA Business October 09, 2022
In May and June, the typical buyer was putting down $66,000, Redfin said But that number has cooled slightly since. Redfin also said that the typical U.S. homebuyer who took out a mortgage in July 2022, made a $62,500 down payment. That’s still up 13.6% from a year ago. And... + más
Gigable Links Up With Weavr For Instant Gig Worker Payments | Forbes
FedNow Launching Real-Time Payments Mid-2023 With More Choices For Consumers | Forbes
MarketWatch USA Business September 26, 2022
A year ago, only 12.1% of home buyers were backing out of deals. Typically 12% of deals fell through prior to the pandemic, Redfin said. But the last time this number spiked — prior to this fall — was at the onset of the coronavirus pandemic in March/April 2020. Buyers were... + más
Home prices might drop but won’t crash: What buyers should know | WGN-TV
MarketWatch USA Politics September 26, 2022
Adjustable-rate mortgages becoming more attractive to buyers | ABC News
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