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▶youtube BusinessReal Estate first seen 5 d ago, last 1 h ago, peak #1

Foreclosures Jump 42% as Redfin Reports Record Listings Surge

Original: Foreclosures pop 42%. Redfin reports RECORD listings surge.

Foreclosure activity has risen 42%, while Redfin reports a record surge in homes listed for sale in the US housing market. The figures point to growing distress among homeowners and a sharp increase in inventory, prompting debate about whether the housing market is cooling into a downturn and what it means for buyers, sellers and prices.

Why now: A sharp rise in foreclosures and record new listings suggests the US housing market may be turning, which matters to buyers, sellers and investors.

RedfinReventure ConsultingUS housing market

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