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Housing

Redfin and Zillow Group financial reports reveal broader housing market trends

The latest financial reports from Zillow Group and Redfin demonstrate ongoing wariness within the U.S. real estate market. Both companies expect revenue from key business segments to decline year-over-year in the first quarter. Zillow forecasts revenue from its advertising […]

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Financial Markets

Billionaire Grant Cardone says he and other real estate investors will ‘save the day’ and prevent a home price crash

Rapid home-price growth and soaring mortgage rates led to a dramatic downturn in housing demand throughout 2022, leading experts to speculate that the entire US real estate market could implode. While the housing slump is escalating this year, there’s a brighter future […]

Weely Real Estate News

California home sales increase in January for second straight month as prices stabilize

Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 241,520 in January, according to information collected by C.A.R. from more than 90 local REALTOR® associations and MLSs […]