Housing market in tech hubs cooling faster than other parts of US - report

  • 📰 staronline
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 75%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

This comes amid a wave of layoffs in the technology sector and elevated mortgage rates.

Decades-high inflation leading to interest rate hikes, weak consumer demand and the possibility of an economic slowdown have forced big tech firms such as Amazon.com Inc and Meta Platforms Inc as well as banks to trim their workforce.

Layoffs in the tech industry, concentrated largely in the Bay Area and Seattle have led to some buyers bowing out of their search for a home or cancelling contracts, Shelley Rocha, a Redfin manager, wrote in the report. Redfin agents report that uncertainty around the stability of the banking and tech industries is exacerbating nerves in some buyers and sellers.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 4. in RU

Россия Последние новости, Россия Последние новости