Should You Buy Redfin While It's Below $12?
RDFNRedfin(RDFN) The Motley Fool·2024-09-13 18:09

With interest rates expected to fall over the next 12 months, is now the perfect time to buy Redfin?Real estate stocks have faced an uphill battle ever since the Federal Reserve began raising interest rates in 2022. Increased interest rates have affected borrowing costs and the overall demand for real estate, leading to a challenging environment for real estate investors and homebuyers.Redfin (RDFN 5.36%) is one company that has faced significant challenges due to the sharp decline in housing activity. The ...