Redfin: U.S. Housing Inventory at Record Low, Getting Worse

Video News
May.06 — Redfin Corp. CEO Glenn Kelman says the U.S. housing market continues to worsen as inventory had the biggest drop in history and is now at the lowest level. He also talks about the shift in homebuyers’ behavior throughout the Covid-19 pandemic. Responding to the sharp stock decline after Redfin reported their first-quarter results, Kelman says he “can’t be worried” that shares went down for one day and believes the company is at the most competitive position ever. Kelman speaks to Emily Chang on “Bloomberg Technology.”

Products You May Like

Articles You May Like

Meta, Google Defend Brazilian Law That Absolves Companies From Responsibility for Content Posted by Users
WhatsApp Rolling Out Text Editor Features to Android Beta Testers: Report
Cybercriminals Using ChatGPT Popularity to Spread Malware via Facebook Accounts, CloudSEK Says
Infinix Hot 30 Confirmed to Launch in Thailand on March 31; Specifications Teased
Motorola Razr Plus 2023 Reportedly Spotted on FCC, Key Specifications Tipped

Leave a Reply

Your email address will not be published. Required fields are marked *