Redfin sheds office space amid national layoffs, volatile housing market - Dallas Business Journal

  • 📰 DallasBizNews
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 51%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Seattle-based residential real estate brokerage Redfin is downsizing its office space in Dallas-Fort Worth, shedding more than 22,000 square feet at Hall Park in Frisco after hundreds of layoffs nationally amid a volatile housing market.

Digital mortgage lender Better.com, based in New York City, has

of workers since interest rates began rising last fall, according to TechCrunch, an industry publication.of its workforce in June, citing over-expansion and market volatility as reasons for the cuts, according to The Real Deal.Dallas-Fort Worth is one of the nation’s most rapidly, according to a recent report from Redfin that analyzed how many homes on the market are seeing price drops. The analysis found that 45.8% of homes in the Dallas area and 44.

The sublease space in Hall Park that Redfin is putting on the market has an asking lease rate of $21 per square foot a year, or about $466,000 if a new tenant leases the entire suite. Office furniture is available as part of the deal, according to the marketing materials. The sublease expires in May 2028.of the space, which is being marketed by Cresa.

The only other office space Redfin appears to occupy in DFW is a much older, smaller co-working quarters in Spryrocket Station at 3723 Greenville Ave. in Dallas. It was not immediately clear whether Redfin continues to use the space.Ebby Halliday Real Estate Inc.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 525. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

As housing market cools, homebuyers regain leverageYears of soaring home prices and sharply higher mortgage rates remain hurdles for many would-be homebuyers, but new data shows that they're regaining some leverage at the negotiating table as the housing market slows.
Fonte: wjxt4 - 🏆 246. / 63 Consulte Mais informação »

As housing market cools, homebuyers regain leverageYears of soaring home prices and sharply higher mortgage rates remain hurdles for many would-be homebuyers, but new data shows that they're regaining some leverage at the negotiating table as the housing market slows.
Fonte: wjxt4 - 🏆 246. / 63 Consulte Mais informação »

Small business must tap into tech for long-term success: Verizon Business Markets PresidentVerizon Business Markets President Aparna Khurjekar analyzed the impact that the volatile U.S. economy and inflation have had on small businesses nationwide.
Fonte: FoxBusiness - 🏆 458. / 53 Consulte Mais informação »

Greystone taps Lance Wright as a managing director - Dallas Business JournalGreystone has added a new Dallas-based managing director that is expected to focus on the origination of multifamily and commercial real estate loans across the United States.
Fonte: DallasBizNews - 🏆 525. / 51 Consulte Mais informação »

Almost half of San Antonio-area homes experienced price cuts amid cooling real estate marketIn total, four Texas cities landed in Redfin's top 20 markets with the highest percentage of price cuts. SanAntonio SATX SanAntonioTX Texas RealEstate
Fonte: SAcurrent - 🏆 607. / 51 Consulte Mais informação »

Five ways employers are tweaking their offices to lure workers back - Silicon Valley Business JournalExperts are noting changes in spaces and philosophies as employers seek to lure more workers back to the office. Here is a closer look at five factors that can make or break the effort.
Fonte: svbizjournal - 🏆 334. / 59 Consulte Mais informação »