David Shippey

Redfin Discontinues iBuyer Program

Posted By David Shippey @ Nov 11th 2022 10:49am In: Winter Haven News

Redfin has decided to discontinue their iBUYER Program due to the rising interest rates and cooling real estate market. As a result, Redfin will be laying off over 800 employees. Redfin had already laid off 470 back in June 2022. Redfin currently owns approximately $265 million worth of homes in their inventory.

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