Por: Fox Business Business June 24, 2023
'Hapi Homes' CEO Mohamed Ahmed discusses his company’s efforts to provide emergency housing to migrants as Mayor Adams considers closing NYC streets in preparation for a mass surge. The in the U.S. plummeted 7.1% to a record low in May as borrowing rates continue to trap homeowners, according to a new report from Redfin. In May, the pool of homes sat at 1.4 million on a seasonally adjusted basis, marking the lowest level since... + full article
Fox Business USA Business June 16, 2023
Home prices across the U.S. increased by 2% annually in February. (iStock) High mortgage rates and a lack of inventory continued to plummet the housing market, according to the latest . New listings of homes for sale declined 19% year-over-year during the four weeks ending May... + más
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MarketWatch USA Politics March 06, 2023
As frustrated buyers sit on the sidelines, home sales are falling. And weak demand is also pushing home prices down. Real-estate brokerage Redfin said that certain million-dollar homes exited the category in January as prices dipped. The share of homes in the U.S. that are worth... + más
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CBS News USA Business November 10, 2022
The 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
Associated Press USA Life November 10, 2022
WASHINGTON (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 lays off 862 employees as housing market cools | CBS News
ABC News USA Business November 09, 2022
WASHINGTON -- 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
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
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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
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