Tag: Redfin

Lending News, Real Estate News

Homebuying Has Become More Stressful Than Dating

Redfin Study Shows 59% Of Americans Believe Homebuying Has Become More Stressful Than Dating  A recent Redfin survey shows that notable 59% of recent homebuyers found homebuying has become more stressful than dating. Homebuyers purchasing a home in today’s market have deal with unique set of anxieties. Buyers are increasingly ghosting sellers as housing costs…

By Steve
October 5, 2023
2 min read
Real Estate News

Negative Equity Alert! Homeowners Have Lost $108.4 Billion

Negative Equity Alert As US Homeowners Lose $108.4 BILLION In Equity This Year Alone. 200,000 Homeowners At Risk Of Going ‘Underwater’ MFI-Miami has issued a Negative Equity Alert! Why? Homeowners are sitting on a negative equity timebomb. US home values have dropped a whopping $108.4 billion in 2023 alone. The average borrower saw their home…

By Steve
July 10, 2023
2 min read
Real Estate News

Redfin Laying Off More than 800 Employees

Redfin Announced Wednesday It Is Laying Off 862 Employees. This Is 13% Of Its Staff. They Also Stated They Are Getting Out Of The iBuying Business. Redfin CEO Glenn Kelman wrote in an email to employees that the company is “laying off 862 brilliant, loyal people.” He also added that the company was closing RedfinNow….

By Steve
November 10, 2022
2 min read