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Loan volume grows 18% to $29.1 billion, but profit drops to $34 million
Nation’s largest brokerages are ‘wild mix’ of traditional incumbents and new models
‘Difficult’ reduction comes after company identified workforce redundancies post-Redfin acquisition
Redfin’s latest data shows market shifts continue to favor buyers as sale prices peak, concessions grow, touring activity rises
Largest component of international buyers in U.S. takes more than 25% hit
Post-pandemic homebuyers are greatest risk of losing money in a sale, report finds, but results vary by location