Nation
World
Politics
Sports
Business
Entertainment
Life
Tech
Science
Opinion
Crime
Health
Oddities

Redfin, the Online Real Estate Broker, Lays Off 13% of Its Staff

Por: The New York Times Business November 10, 2022

thumbnail

The real estate brokerage firm Redfin said on Wednesday that it was laying off 13 percent of its work force, the company’s latest move to cut costs amid a slowing housing market.Glenn Kelman, Redfin’s chief executive, sent an email to employees Wednesday morning announcing the latest round of firings and the closure of RedfinNow, the company’s home-flipping service, ahead of the company’s earnings call scheduled for later in the day.The... + full article



Similar News

Redfin lays off 862 employees as housing market cools

CBS News USA Business November 10, 2022

thumbnailThe layoff bug that's is also infecting the real estate industry, with Redfin announcing it will ax 862 jobs this week.That figure represents 13% of Redfin's workforce, the real estate data company said in an  posted on its website. About 264 of the jobs being cut are... + más

Redfin to cut another 13% of workforce, shutter RedfinNow | ABC News

Redfin to cut another 13% of workforce, shutter RedfinNow | Associated Press


Redfin, a real estate broker, lays off 13 percent of its staff

The Boston Globe USA Business November 10, 2022

thumbnailReal estate brokerage firm Redfin said Wednesday that it was laying off 13 percent of its workforce, the company’s latest move to cut costs amid a slowing housing market.Glenn Kelman, Redfin’s chief executive, sent an e-mail to employees Wednesday morning announcing the... + más

Redfin lays off 862 employees as housing market cools | CBS News

Redfin to cut another 13% of workforce, shutter RedfinNow | ABC News


Redfin to cut another 13% of workforce, shutter RedfinNow

Associated Press USA Life November 10, 2022

thumbnailWASHINGTON (AP) — 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.The job cuts amount to 13% of... + más

Redfin to cut another 13% of workforce, shutter RedfinNow | ABC News

Redfin lays off 862 employees as housing market cools | CBS News


Redfin to cut another 13% of workforce, shutter RedfinNow

ABC News USA Business November 09, 2022

thumbnailWASHINGTON -- 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.The job cuts amount to 13% of... + más

Redfin to cut another 13% of workforce, shutter RedfinNow | Associated Press

Redfin lays off 862 employees as housing market cools | CBS News


With high house prices, down payments peaked in 2022. They increased the most in these 5 cities.

MarketWatch USA Business October 09, 2022

thumbnailIn 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


'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 USA Business September 26, 2022

thumbnailA 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

'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

Home prices might drop but won’t crash: What buyers should know | WGN-TV


'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 USA Politics September 26, 2022

thumbnailA 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

'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

Adjustable-rate mortgages becoming more attractive to buyers | ABC News



About iurex | Privacy Policy | Disclaimer |