The post Redfin and Zillow Group financial reports reveal broader housing market trends appeared first on Weekly Real Estate News.
Redfin and Zillow Group financial reports reveal broader housing market trends
Housing Wire
Percentage of homes with price cuts reaches 18-month high: Redfin
A report released Thursday by Redfin showed that 6.4% of U.S. home sellers cut their asking prices during the four-week period ending May 26. That is the highest percentage since November 2022 and a […]
Weely Real Estate News
These housing markets are ‘significantly overvalued,’ may see prices fall up to 20%, Moody’s says
Source: KSL — SALT LAKE CITY — As the high interest rate-induced U.S. housing slump deepens, national housing experts and economists are watching home prices dip across the country — with some regional pockets dropping […]
Weely Real Estate News
Redfin Launches AI-Powered Tool to Redesign Listing Photos
Redfin (NASDAQ: RDFN) has unveiled Redfin Redesign, an AI-powered tool that enables consumers to change the appearance of walls, floors and countertops in their home photos. With Redfin Redesign, a consumer selects an eligible home their […]