Tag : Redfin

Redfin Reports 2023 on Pace For Fewest Home Sales Since 2008 As Mortgage Rates Hit 8%
Banking Finance News

Redfin Reports 2023 on Pace For Fewest Home Sales Since 2008 As Mortgage Rates Hit 8%

Business Wire
by Business Wire0
Redfin economists say this is likely to be the slowest sales year since the Great Recession as persistently high mortgage rates and low inventory spook buyers This year is likely to end with roughly 4.1 million existing home sales nationwide, the fewest since the housing bubble burst in 2008 after......
Redfin Reports Typical Monthly Payment Is Nearly $300 Less Than October Peak, Bringing Some Homebuyers Back
Mortgage News

Redfin Reports Typical Monthly Payment Is Nearly $300 Less Than October Peak, Bringing Some Homebuyers Back

Fintech News Desk
by Fintech News Desk0
Redfin agents report some buyers are resuming their search as home prices and rates fall from their peak, but the uptick in house hunting hasn’t yet translated to sales The combination of slowing price growth, lower mortgage payments and homes sitting on sale for well over a month is making......
eCapital Corp. Names Charles Sheppard as Chief Operating Officer
Capital Markets Economy Fintech News

RedfinNow Resumes iBuying in Four Additional Metros as Housing Market Continues to Recover

Fintech News Desk
by Fintech News Desk0
Redfin, the technology-powered real estate brokerage, has resumed buying homes through RedfinNow in four additional markets: Dallas, San Antonio, Los Angeles and Orange County, CA.  RedfinNow, which buys homes directly from homeowners and resells them to homebuyers, paused making offers on homes on March 17 due to economic uncertainty at the outset of the coronavirus pandemic. On May......
1