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Housing market has hit 'rock bottom,' says Redfin CEO Glenn Kelman

Por: MarketWatch Business August 17, 2023

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So how would one describe the housing market this summer? “Rock bottom,” Glenn Kelman, CEO of Redfin , a real-estate brokerage, told MarketWatch on an “Sales volume couldn’t be worse. The only people moving right now are the ones who absolutely have to,” Kelman added. Sales of previously owned homes fell by 3.3% to an annual rate of 4.16 million in June, the National Association of Realtors said Thursday. July data will be released... + full article



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