Housing Market Layoffs at Ebony Heritage blog

Housing Market Layoffs. Washington — as housing sales slow amid higher interest rates, thousands of workers who found jobs in the booming housing. Redfin said it cut about 8% of its employees and compass said. After predicting that the sluggish housing market had started to rebound in january, redfin this week blamed real estate market conditions as part of the reason for its latest round of layoffs. Rates have taken off since the start of this year, rising from 3.29% in early january to 6.28% now, according to mortgage news daily. A series of layoffs at america’s major technology companies could put pressure on local housing markets amid a broader nationwide cooling. Last week, home selling platform opendoor blamed “one of the most challenging real estate markets in 40 years” as it laid off 550. What pushed the housing market over the top? Mortgage rates are climbing, home sales are dropping and some of the nation’s largest real estate companies are announcing layoffs. Both companies saw their stock fall tuesday as redfin was.

Charts of the Week Housing Market, Tech Layoffs and More
from moneyandmarkets.com

A series of layoffs at america’s major technology companies could put pressure on local housing markets amid a broader nationwide cooling. Both companies saw their stock fall tuesday as redfin was. Washington — as housing sales slow amid higher interest rates, thousands of workers who found jobs in the booming housing. Redfin said it cut about 8% of its employees and compass said. Rates have taken off since the start of this year, rising from 3.29% in early january to 6.28% now, according to mortgage news daily. Mortgage rates are climbing, home sales are dropping and some of the nation’s largest real estate companies are announcing layoffs. What pushed the housing market over the top? After predicting that the sluggish housing market had started to rebound in january, redfin this week blamed real estate market conditions as part of the reason for its latest round of layoffs. Last week, home selling platform opendoor blamed “one of the most challenging real estate markets in 40 years” as it laid off 550.

Charts of the Week Housing Market, Tech Layoffs and More

Housing Market Layoffs Rates have taken off since the start of this year, rising from 3.29% in early january to 6.28% now, according to mortgage news daily. Mortgage rates are climbing, home sales are dropping and some of the nation’s largest real estate companies are announcing layoffs. What pushed the housing market over the top? Both companies saw their stock fall tuesday as redfin was. Washington — as housing sales slow amid higher interest rates, thousands of workers who found jobs in the booming housing. Rates have taken off since the start of this year, rising from 3.29% in early january to 6.28% now, according to mortgage news daily. A series of layoffs at america’s major technology companies could put pressure on local housing markets amid a broader nationwide cooling. After predicting that the sluggish housing market had started to rebound in january, redfin this week blamed real estate market conditions as part of the reason for its latest round of layoffs. Last week, home selling platform opendoor blamed “one of the most challenging real estate markets in 40 years” as it laid off 550. Redfin said it cut about 8% of its employees and compass said.

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