Homebuying is effectively impossible. That’s according to data from PYMNTS’ February “Consumer Inflation Sentiment Report,” which is backed up by the February S&P CoreLogic Case-Shiller Home Price Indices released last week. Just in time for the traditional selling season, the market experienced only a small...
Housing prices are coming down from their astronomical highs, but it may not be enough. Earlier this week, Corelogic released its monthly U.S. home price insights, analyzing the housing market through January of this year and forecasting through January 2024. Nationwide, single home prices rose...
Anticipating a housing market downturn that will stretch into next year, online real estate seller Redfin is laying off 13% of its staff and shuttering its home-flipping service RedFinNow. The layoffs will affect 862 people, CEO Glenn Kelman said in an email to employees Wednesday...
Saying it wants to help make homeownership more affordable, technology-powered real estate company Redfin has added a new feature to the home listings on its website: information about programs that offer down payment assistance and affordable lending. The new feature is enabled by Redfin’s partnership...
June 12, 2020
For housing, the great snapback? As stock markets whipsaw (the Dow was off more 6 percent on Thursday), as the Federal Reserve sees mid-single-digit economic contractions and unemployment remains at double-digit percentages, the homebuying market has decided to shake it all off. Redfin reported last month that homebuying is up more than 16 percent above […]
November 14, 2018
Build it and they will come — in this case, times two. Apologies for the cliché (some of us miss baseball already), but that’s the story with Amazon and its...
November 09, 2022
Anticipating a housing market downturn that will stretch into next year, online real estate seller Redfin is laying off 13% of its staff and shuttering its home-flipping service RedFinNow. The layoffs will affect 862 people, CEO Glenn Kelman said in an email to employees Wednesday (Nov. 9). It is the company’s second round of layoffs […]
October 06, 2022
Saying it wants to help make homeownership more affordable, technology-powered real estate company Redfin has added a new feature to the home listings on its website: information about programs that...
April 05, 2021
Real estate home-selling site Redfin has completed its $608 million cash acquisition of rental site RentPath, the companies announced. “Combined with RentPath, Redfin can now be a destination for all...
May 12, 2019
Redfin, the real estate company based in Seattle, is rolling out a new program that enables home buyers to bid on properties via its website. According to a report in...
