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Nearly one in five homes for sale in June had a price cut — also the highest level of any June on record, reports Redfin. That’s a jump from 14.4% the year prior and just behind the 21.7% ...
A difficult backdrop four housing activity. Redfin is a cyclical business that goes as the housing market goes, and changes in market conditions can significantly impact it. As a result, its ...
Redfin stock shot up 19% to $11.08, its highest closing price in at least a year. Evidently, the market assumes the Fed's interest rate cuts will be swift and deep. However, this is a risky ...
Almost 56,000 home purchase agreements were canceled in June, it says, which amounts to about 15 percent of all homes that went under contract. Redfin attributes the trend to buyers being scared ...
Largely in response to news regarding its ever-strengthening place within the real estate sales business, data from S&P Global Market Intelligence indicates that as of 3:54 p.m. ET Monday, Redfin ...
Redfin Corporation. Redfin Corporation, based in Seattle, provides residential real estate brokerage and mortgage origination services. The company operates in more than 100 markets in the United States and Canada. [1] In 2023, the company had a 0.76% market share in the United States by number of units sold and had an average of 1,776 lead agents.
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