Tag: redfin
Redfin is laying off more workers as housing downturn persists
Redfin has laid off 201 employees, the third time the Seattle-based real estate company has reduced its workforce since June. The layoffs, which represents about 4% of its workforce, was first reported by GeekWire. A company spokesperson confirmed the layoffs and told TechCrunch in an email that the roles were primarily in “real estate support” […]
Redfin is laying off more workers as housing downturn persists by Mary Ann Azevedo originally published on TechCrunch
: Redfin CEO predicts ‘terrible consolidation’ in the real-estate sector, but says it will ultimately be good for the industry
The real-estate sector is in crisis amid the housing downturn. Expect more pain to come before things start to normalize, one housing chief says.
Personal Finance Daily: 5 financial resolutions to fend off a ‘slowcession’ and help your career and Redfin CEO predicts ‘terrible consolidation’ in the real-estate sector, but says it will ultimately be good for the industry
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Earnings Results: ‘Housing companies are in the jungle now’ — Redfin sees housing downturn through at least next year
Redfin Corp. slid after hours on Wednesday, after the residential real-estate brokerage reported a steeper quarterly loss than expected and sales that missed expectations.
: More people are looking to move to cities in search of cheaper housing, Redfin says
As mortgage rates hover around 5%, homebuyers seeking affordability are looking at Miami, Sacramento — and Maine.