
Redfin Closes iBuyer, Lays Off Over 800
Brokerage and listings portal Redfin announced the second major round of layoffs this year as the housing market stays suppressed and the prospects for 2023 look pessimistic.
Brokerage and listings portal Redfin announced the second major round of layoffs this year as the housing market stays suppressed and the prospects for 2023 look pessimistic.
A new analysis of MLS data and public records by Redfin researchers shows that iBuyers are surging back into the real estate market in the industry’s core metro areas after putting operations on pause thanks to the pandemic.