Redfin Stock
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Redfin Survey: Majority of U.S. Homeowners and Renters Say Housing Affordability Affects Their Pick for President
(NASDAQ: RDFN) — More than half (53.2%) of U.S. homeowners and renters say housing affordability is impacting who they plan to vote for in the upcoming presidential election. That’s according to a
Introducing Ask Redfin, an AI-Powered Tool to Quickly Answer Questions About For-Sale Homes
(NASDAQ: RDFN) — Today Redfin (redfin.com) announced the beta launch of Ask Redfin, a generative AI-powered virtual assistant that quickly answers homebuyers’ questions about for-sale homes. House
Redfin Launches AI-Powered Tool to Redesign Listing Photos
(NASDAQ: RDFN) — Today Redfin (redfin.com) launched Redfin Redesign, an AI-powered tool that lets consumers change the appearance of walls, floors and countertops in home photos. Powered by Roomvo
Redfin Reports Renters Are Staying Put Longer, With 1 in 6 Now Living in The Same Home For 10 Years or More
(NASDAQ: RDFN) — One in six (16.6%) U.S. renters stayed in their home for 10 years or more in 2022, up from 13.9% a decade earlier. That’s according to a new report from Redfin (redfin.com), the
Redfin Reports Price Drops Hit Highest Level in 18 Months As High Rates Dampen Buyer Demand
(NASDAQ: RDFN)—Nationwide, 6.4% of home sellers cut their asking price during the four weeks ending May 26, on average, the highest share since November 2022. That’s according to a new report from
Redfin to Present at BofA Securities 2024 Global Technology Conference
Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following event:
BofA Securities 2024 Global Technology Conference
Wednesday
Pride Premium: People in LGBTQ+ Friendly Areas Need to Earn $150,000 to Afford the Typical Home—A Premium of Nearly 50%
(NASDAQ: RDFN) —U.S. homebuyers need to earn an annual income of $150,364 to afford the median priced home in areas with state laws protecting LGBTQ+ people from housing discrimination, according
Redfin Reports Home Prices Hit Another Record High, Pushing Pending Sales Down 4%
(NASDAQ: RDFN) —The median U.S. home-sale price hit a record $387,600 during the four weeks ending May 19, up 4% from a year earlier. That’s according to a new report from Redfin (redfin.com), the
U.S. Home Prices Continue Their Ascent, Even as High Costs Deter Homebuyers
(NASDAQ: RDFN) — U.S. home prices climbed 0.5% from a month earlier in April on a seasonally adjusted basis, and rose 7.3% from a year earlier, per a new report from Redfin (redfin.com), the
Redfin Reports Gen Zers and Young Millennials Took Out 40% of U.S. Mortgages in 2023
(NASDAQ: RDFN) —Two in five (39.7%) new mortgages issued in 2023 went to homebuyers under 35, and 26.5% went to buyers aged 35-44. Next came 45-54 year olds, who took out 16.1% of new mortgages
One-Third of Houses For Sale Are Newly Built, Just Shy of the Record High
(NASDAQ: RDFN) — One-third (33.4%) of single-family homes for sale in the U.S. in the first quarter were newly built, essentially unchanged from a year earlier but down from a record-high 34.5% two
Redfin Reports the Median U.S. Home Price Hit an All-Time High of $434,000 in April
(NASDAQ: RDFN) — The median U.S. home sale price rose 6.2% year over year in April to $433,558—the highest level on record, according to a new report from Redfin (redfin.com), the
Redfin Report: The Sun Belt Is Seeing Some of the Biggest Rent Declines in America
(NASDAQ: RDFN) —The median asking rent in Seattle fell 7.3% year over year in April, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s the
Redfin Expands Redfin Next Agent Pay Plan to 25 Additional Markets
(NASDAQ: RDFN) — Redfin announced today it is expanding the Redfin Next agent compensation plan to 25 additional markets. Under Redfin Next, agents in these markets earn competitive splits as high
Redfin Reports Investor Home Purchases Rise for the First Time in Nearly Two Years
(NASDAQ: RDFN) — Real estate investors bought roughly 44,000 U.S. homes in the first quarter of 2024, up 0.5% from a year earlier—the first increase since the second quarter of 2022. That is
Redfin Reports Demand For Vacation-Home Mortgages Fell 40% in 2023 As Housing Costs Rose to Record High
(NASDAQ: RDFN) — U.S. homebuyers took out 90,772 mortgages for second homes in 2023, down 40% from a year earlier and down 65% from the height of the pandemic housing boom in 2021, according to a
Redfin Reports Record-High Monthly Payments Chill Spring Selling Season—But Declining Rates Could Boost Activity
(NASDAQ: RDFN) —The median U.S. monthly housing payment hit an all-time high of $2,894 during the four weeks ending May 5, up 14% from a year earlier, and home prices rose 4.5% to their own record
Redfin to Present at 19th Annual Needham Technology & Media Conference
Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following event:
19th Annual Needham Technology & Media Conference
Wednesday, May
Redfin Reports First Quarter 2024 Financial Results
Redfin Corporation (NASDAQ: RDFN) today announced results for its first quarter ended March 31, 2024.
First Quarter 2024
First quarter revenue was $225.5 million, an increase of 5% compared
Redfin Reports Low-Income Americans Have Lost the Homebuying Progress They Made During the Pandemic
(NASDAQ: RDFN) — Roughly one in five (20.6%) new mortgages issued last year went to low-income Americans, bringing that group’s piece of the homebuying pie back down to where it was in 2018. That
Redfin Report: The Pool of People Taking Out Mortgages In America Is Becoming Less White
(NASDAQ: RDFN) —The share of U.S. mortgages taken out by white homebuyers has declined over the last five years, while the share taken out by Hispanic, Black and Asian homebuyers has ticked up
Redfin Report: For the First Time in Nearly 2 Years, There’s No Major American Metro Where Home Prices Are Falling
(NASDAQ: RDFN) —The median home-sale price rose from a year earlier or stayed the same in all 50 of the most populous U.S. metros during the four weeks ending April 28, the first time that has
Redfin Reports Home Prices Stagnate in Florida and Texas as Supply Soars
(NASDAQ: RDFN) — On the west coast of Florida, housing supply is surging, sellers are cutting their asking prices and the time it takes to sell a home is soaring—all at a faster rate than anywhere
Redfin Reports Buying a Home Costs More Than Ever, With Prices Hitting All-Time High and Mortgage Rates Rising
(NASDAQ: RDFN) —The median U.S. home-sale price hit a record $383,725 during the four weeks ending April 21, up 5.2% from a year earlier—one of the biggest jumps since October 2022. That’s