Redfin 2Q Revenues Up, Profits Down

National Mortgage Professional, Aug. 5, 2022–Steve Goode
The company, which laid off about 6% of it’s workforce in June due to a downturn in home purchases as interest rates increased at the fastest pace since the mid-1980s, reported that second quarter revenue was $606.9 million, an increase of 29% compared to the second quarter of 2021. First-quarter revenues were $597.3 million.
https://nationalmortgageprofessional.com/news/redfin-2q-revenues-profits-down