Real Time News

World News Today

  • Automotive
  • Finance News
  • Economy News
  • Politics News
  • Health News
  • Technology News
  • About Us
    • Advertise Here
    • Contact Us
    • Privacy Policy
    • Sitemap
  • Automotive
  • Finance News
  • Economy News
  • Politics News
  • Health News
  • Technology News
  • About Us
    • Advertise Here
    • Contact Us
    • Privacy Policy
    • Sitemap

No Widgets found in the Sidebar Alt!

  • Seattle-based Zillow, Redfin post losses after housing market slowdown
    Real Estate News

    Seattle-based Zillow, Redfin post losses after housing market slowdown

    February 19, 2023 /

    Seattle’s genuine estate tech companies are emotion the consequences of the cooling housing market on their bottom lines. Even with cutbacks and layoffs in 2022, calendar year-conclusion earnings experiences from Zillow and Redfin confirmed considerable losses and declines in gross earnings. The benefits reflect the chill that strike the housing market previous yr, as interest premiums shot up and kept a lot of potential homebuyers from buying. Nationwide, the number of house profits dropped 18{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} from 2021 to 2022, according to the National Association of Realtors. The market change was “the situation we experienced feared could happen,” Zillow CEO Prosperous Barton advised investors Wednesday. “Thirty-calendar year property finance loan fascination…

    read more
    Francis McGee Comments Off on Seattle-based Zillow, Redfin post losses after housing market slowdown

    You May Also Like

    Zillow’s VRX Acquisition Reveals Why The Portal Can’t Be Dismissed

    Zillow’s VRX Acquisition Reveals Why The Portal Can’t Be Dismissed

    December 10, 2022
    The Fed Just Jammed Another Wrench Into the Housing Market

    The Fed Just Jammed Another Wrench Into the Housing Market

    March 11, 2023
    Americans say real estate is best way to build wealth

    Americans say real estate is best way to build wealth

    December 18, 2022

Recent Posts

  • Working together for real estate success: how shared ideologies can boost property entrepreneurship
  • Navigating the Sovereign Debt Landscape: Strategies for Trading UK Government Bonds
  • What Is a Charge for Merchant Services?
  • The Benefits of Active Senior Living
  • Understanding the Bail Bonds Process Step by Step

Archives

  • July 2025
  • April 2025
  • August 2024
  • May 2024
  • February 2024
  • December 2023
  • November 2023
  • October 2023
  • August 2023
  • July 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022

Visit Now

Roof Design

Categories

  • Automotive
  • Economy News
  • Education News
  • Fashion News
  • Finance News
  • Health News
  • Lawyer News
  • Politics News
  • Real Estate News
  • Sport News
  • Technology News
  • Travel News
  • World News Today

Ashe Theme by WP Royal.