Anticipating a housing market downturn that will stretch into next year, online real estate seller Redfin is laying off 13% of its staff and shuttering its home-flipping service RedFinNow. The layoffs will affect 862 people, CEO Glenn Kelman said in an email to employees Wednesday...
Goldman Sachs says ring-fencing regulations imposed after the 2008 Global Financial Crisis are driving up housing prices in England by promoting business practices that have resulted in super-low interest rates for homebuyers able to make big down-payments, the Daily Mail reported Saturday (Aug. 7). Ring-fencing...
Homebuyer mortgage applications surged as June turned into July, in yet another sign of the housing market’s surprisingly strong rebound after the coronavirus-triggered shutdown this spring. The number of mortgage applications from homebuyers shot up 33 percent in the week ending on July 3 compared...
Condominium sales in Manhattan plummeted by 84 percent in May as the COVID-19 pandemic and protests following the death of George Floyd at the hands of the police have chilled the real estate market. CNBC, reporting on data from UrbanDigs, the New York-based analytics provider for...
April 02, 2019
The home-selling season is upon us — and will be for the next several months. Roughly 40 percent of the homes sold in the U.S. sell between March and August each year, and, by early April, the market is beginning its big, annual ramp-up. The year 2019 has been no exception, Homelight COO Sumant Sridharan told Karen […]
July 11, 2018
The process for buying a toaster oven should not be more transparent or more reliable than the process for buying a house. A toaster oven — even if things go...
March 31, 2017
If you were in the market for a credit card or looking to sell a house, this past week was a good one, as rewards points on the former, and prices...
November 04, 2024
The typical American homebuyer is older than ever before, National Association of Realtors data shows. The association’s 2024 Profile of Home Buyers and Sellers — the subject of a Bloomberg News report Monday (Nov. 4) — shows that the age of a typical homebuyer was 56, an all-time high. It’s a situation that’s developed as […]
November 09, 2022
Anticipating a housing market downturn that will stretch into next year, online real estate seller Redfin is laying off 13% of its staff and shuttering its home-flipping service RedFinNow. The...
August 09, 2021
Goldman Sachs says ring-fencing regulations imposed after the 2008 Global Financial Crisis are driving up housing prices in England by promoting business practices that have resulted in super-low interest rates...
July 08, 2020
Homebuyer mortgage applications surged as June turned into July, in yet another sign of the housing market’s surprisingly strong rebound after the coronavirus-triggered shutdown this spring. The number of mortgage...
