Stay updated with breaking news from Journalist Services. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Mortgage-purchase applications and Redfin’s Homebuyer Demand Index both increased as rates stayed around 6.6%, down sharply from 7% earlier this month, saving the typical buyer over $100 in monthly mortgage payments. Still, supply is piling up--posting a record annual increase--as pending sales fell the most on record.
SEATTLE-- (NASDAQ: RDFN) —One-third fewer homes went under contract in October than last year, the largest decline since at least 2015, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage. Several pandemic boomtowns including Las Vegas, Miami and Phoenix posted declines of around 50%.
SEATTLE-- (NASDAQ: RDFN) — Pending home sales and new listings both saw their biggest year-over-year drops since the start of the pandemic, dipping to levels roughly on par with April 2020, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage.
SEATTLE-- (NASDAQ: RDFN) — Redfin ( www.redfin.com ), the tech-powered real estate company, today announced it has launched in Wilmington, North Carolina and Green Bay, Wisconsin.
This press release features multimedia. View the full release here: https://wwwcom/news/home/20221006005978/en/