▶youtube BusinessReal Estate first seen 2 d ago, last 30 min ago, peak #4
Foreclosures jump 42% as Redfin reports record listings surge
Original: Foreclosures pop 42%. Redfin reports RECORD listings surge.
New housing data cited by market analyst Reventure Consulting shows US foreclosures rising 42%, while Redfin reports a record surge in homes listed for sale. Commentators are reading the combined figures as a sign that growing inventory and distressed sales could put fresh downward pressure on home prices, sparking debate about whether a broader housing market correction is underway.
Why now: Sharp rises in foreclosures and for-sale inventory signal a possible turning point in the housing market, drawing wide attention from buyers, sellers and investors.
RedfinReventure ConsultingUS housing market
Rank over time, top of the chart is #1. 2 snapshots from 1 h ago to 30 min ago.
Evidence
- Foreclosures pop 42%. Redfin reports RECORD listings surge. · Reventure Consulting · 205.3K
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