Workflow
Redfin CEO says housing market is in a 'funk' as homebuyers weigh election uncertainty
RDFNRedfin(RDFN) Fox Business·2024-07-25 17:16

GET FOX BUSINESS ON THE GO BY CLICKING HERE "We do expect there to be some relief, but it might not be enough." "Until America builds more housing over the next 5 or 10 years, we might be in a low sales volume market. Maybe the election will make a difference, just because people can get back to the basic activities of commerce. But I think that housing is just going to be at low volume for a little while now," Kelman said. Redfin CEO Glenn Kelman revealed what he believes to be the "real issue" that is par ...