(NASDAQ: RDFN) —Homebuying demand pulled back further as mortgage rates reached their highest level in over 13 years, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Home tours, offers and other requests for agents’ help, as measured by The Redfin Homebuyer Demand Index, posted their largest annual decline in over two years. Sellers are not holding out. The weekly share of listings with a price drop reached a new high during the four weeks ending(…..) Continue reading »
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