The company earned $600.5 million in revenue during the third quarter, but also lost $90.2 million — up from a loss of just $18.9 million in the third quarter of 2021 — amid a worsening housing market.
Source: Inman News
Redfin sees losses soar in Q3 as it winds down iBuying program
Published in boise, Brokerage, earnings, glenn kelman, ibuyer, ibuying, idaho, Markets & Economy, offerpad, opendoor, Redfin, RedfinNow, rich barton, Select, stock market, Technology and Zillow
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