▶youtube BusinessReal Estate first seen 5 d ago, last 39 min ago, peak #1
Foreclosures jump 42% as Redfin reports record listings surge
Original: Foreclosures pop 42%. Redfin reports RECORD listings surge.
Foreclosure activity in the United States has risen 42%, while Redfin reports a record surge in homes listed for sale. Analysts say the combination of more distressed properties and a sharp increase in inventory could signal weakening conditions in the housing market, with more choices for buyers but falling leverage for sellers.
Why now: A sudden jump in foreclosures and record new listings is fueling debate about whether the housing market is turning.
RedfinReventure ConsultingUS housing market
Evidence
- Foreclosures pop 42%. Redfin reports RECORD listings surge. · Reventure Consulting · 224K
API: https://socialmediatrends-api.osmike.com/v1/trends/2154521