2023 was the least affordable homebuying year in at least 11 years, Redfin says

[ad_1] A Redfin sign in front of a home for sale in Atlanta on Nov. 10, 2022. Elijah Nouvelage | Bloomberg | Getty Images This year was the least affordable…

The housing market has hit ‘rock bottom’ and the sales slump will last a long time, Redfin CEO says

[ad_1] The housing market can’t get much worse from here, according to Redfin CEO Glenn Kelman. High mortgage rates and high prices have crushed affordability for buyers.  The market is…

The Fall in Home Prices May Already Be Over

[ad_1] U.S. home prices rose in July after declining on a year-over-year basis for five consecutive months, the longest run of declines in 11 years. [ad_2] Source link

Zillow Signals More Pain Ahead in Online Real Estate

[ad_1] Markets Heard on the Street Investors don’t seem to appreciate the difficulties faced by online home buying platforms [ad_2] Source link

Tech Layoffs Unwind Recent Head-Count Growth, Torpedo Long-Shot Projects

[ad_1] Tech Tens of thousands of cuts have made only a dent in jobs added amid the pandemic [ad_2] Source link

Big Tech Stops Doing Stupid Stuff

[ad_1] This year it might be smart to invest in technology companies that think a little smaller. [ad_2] Source link

Tech Industry Reversal Intensifies With New Rounds of Layoffs

[ad_1] Tech Companies that grew rapidly during pandemic are now reducing spending and staffing, sometimes repeatedly [ad_2] Source link