The Latest Breaking News from Redfin

The demand for real estate has taken a hit amid rising interest rates and a faster-than-expected rise in mortgage rates. Higher home prices and the lack of listings have also affected the industry. Given this backdrop, fundamentally weak real estate stocks Redfin Corp. (RDFN), WeWork (WE), Alset EHome International (AEI),…

This is a sign of how fast the housing market adjusted to the surge in mortgage rates that started in March.

Homebuyers are backing out of property purchase deals at a level not seen since the beginning of the COVID-19 pandemic, according to data from Redfin (NASDAQ: RDFN).

This week in the housing world, mortgage rates declined for the second consecutive week as home price growth slowed, the level of mortgage delinquencies remained low and the Roe v. Wade controversy permeated the homebuying process.

The U.S. housing market closed June with a decline in mortgage rates, a bump-up in pending home sales, a growing number of available properties for sale and an evaporating enthusiasm for vacation homes.

Tesla, JPMorgan, Netflix, Redfin and Coinbase are among companies that are cutting jobs. While layoffs are contained to the hottest parts of the economy, there's fear they could spread elsewhere.

While there has been some movement to the suburbs during the pandemic, major cities remain attractive places to live and work. If you’re reevaluating where you call home or considering relocating this year, here are Bankrate’s picks for the best places to live in 2022.

Home sellers are increasingly cutting their asking prices as buyers, constrained by higher mortgage rates and overall inflation, have become less willing to jump into the housing market at any cost.

The cooling housing market is catching up with Seattle's real estate tech companies.

Redfin, the Seattle-based real estate brokerage, says it will lay off 8% of its employees as the housing market cools off

"We could be facing years, not months, of fewer home sales, and Redfin still plans to thrive."