Redfin shares down nearly 7% real-estate . We shares of Redfin Corp. RDFN, +2.07% fell nearly 7% late Thursday after real-estate brokerage quarterly expectations but forecast slower revenue growth quarter. Redfin said it earned $3.2 million, , compared $4.3 million -ago period. Revenue increased % -- to $142.6 million, compared $105 million a ago. Analysts polled FactSet had expected of 2 cents a of $139 million.

“We’re now forecasting slower revenue growth the quarter based an unexpected drop Redfin’s bookings growth in the , slowing growth in a weakening ,” Chief Executive Glenn Kelman said at a - conference . Redfin -quarter revenue between $137.1 million $141.3 million. The analysts surveyed FactSet forecast revenue of $141.5 million.

In a separate , said it has deepened its in Redfin Now, where the homes , , , Calif. Redfin had piloted Redfin Now in ’s Inland Empire in January 2017 expanded it to San Diego in of last . Redfin shares ended the session up 2.1%.

According to CNBC’s Diana Olick reports that mortgage rates at the highest level in more than 7 years, however, the is still strong buy some negative trends rising must pay attention to every investor to avoid to lose money if the  market fall down in the near future. Because after the booming last decade, some area is becoming saturated special in and the surrounding area.