(NASDAQ: RDFN) —The total number of homes for sale increased 15% year over year during the four weeks ending December 4, the biggest uptick since at least 2015, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. New listings declined by more than 20%, which means homes are sitting on the market as prospective buyers stay on the sidelines and wait for mortgage rates and home prices to decline further from their peaks. That’s also evidenced by a slowi(…..) Continue reading »
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