Shares of Redfin Corp. fell after hours on Wednesday, as the residential real-estate brokerage braced for what it said was a housing-market slump that could extend through at least next Read more
Tag: Real Estate Agents/Brokers
‘The housing market will get smaller in 2023’: Redfin lays off 13% of staff
Redfin RDFN, -8.10% is laying off staff again, as the housing market continues to hurt from high mortgage rates and low demand. Redfin CEO Glenn Kelman said on Wednesday that Read more
Redfin stock falls as much as 15% after analyst says sell
Shares of Redfin Corp. sank into record-low territory Monday after Oppenheimer’ Jason Helfstein recommended investors sell, as he explained why he believed the real estate services company has a flawed Read more
Opinion: What will be the best-performing stocks in January can be bought today because of these two crosscurrents in the market
Get ready for one of the best short-term trading opportunities of the year. I’m referring to end-of-year crosscurrents caused by tax-loss selling and end-of-year window dressing. Both cause stocks that Read more
One chart reveals how sellers are adjusting to higher mortgage rates by slashing home prices
Here’s a chart that speaks a thousand words about the state of the real-estate market right now. The chart above, part of a new report by real-estate brokerage Redfin RDFN, Read more
‘No housing market is immune to home-price declines’: Home values are already falling in these pandemic boomtowns.
Rising rates and waning buyer demand is finally weighing on home prices. With the 30-year fixed-rate mortgage averaging at 7.12%, according to Mortgage News Daily, Zillow Z, -4.46%, Realtor.com, and Read more
Housing market stocks give up gains as another jump in bond yields takes shine off strong data
Shares of companies in the real estate services and home building space backed way off their intraday highs on Tuesday, as another surge in Treasury yields to a more-than decade Read more
Jennifer Lawrence Lists Her New York City Loft for $10.5M and who is still eligible for free school lunches — and how can you apply?
Hi, MarketWatchers. Don’t miss these top stories. Jennifer Lawrence Lists Her New York City Loft for $10.5M May the odds be ever in her favor! Jennifer Lawrence recently listed her Read more
Advice from a longtime realtor: ‘Owners are moaners, buyers are liars’
This article is reprinted by permission from The Escape Home, a newsletter for second homeowners and those who want to be. Subscribe here. © 2022. All rights reserved. The longtime Read more
These 20 stocks in the S&P skidded as much as 21.5% during another brutal week for the market
Another difficult week for U.S. stocks ended with shares of oil producers sliding and Ford Motor Co. tumbling further on concerns over supply shortages. The S&P 500 SPX fell 1.7% Read more