RDFN Stock Recent News

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Pending home sales jumped 2.5% month over month in September on a seasonally adjusted basis, the largest increase since January 2023, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. They rose 3.1% year over year, the biggest annual increase since May 2021. Pending sales climbed last month for two reasons: Mortgage rates fell to the lowest level in two years, giving buyers more purchasing power. The Fede.

SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — The typical U.S. asking rent ticked up 0.6% year over year in September to $1,634, with several East Coast and Midwestern metros seeing the biggest increases. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Rents were down 0.2% on a month-over-month basis. The median rent has stayed largely flat for the past two years, ranging between $1,599 and $1,663—including sitting in a tight window between.

SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) —Nearly one-third (32%) of U.S. residents aged 18-34 say they're reconsidering where they want to move in the future after seeing or hearing about the damage caused by Hurricane Helene, according to a new survey commissioned by Redfin (redfin.com), the technology-powered real estate brokerage. That compares with 15% of respondents aged 35 and older. Redfin's report is based on a commissioned survey conducted by Ipsos on Oct. 2-3, 2024. The nationally rep.

Glenn Kelman, Redfin CEO, discusses interest rates' impact on home sales and how inventory shortage could affect the market.

Glenn Kelman, Redfin CEO, joins 'Money Movers' to discuss Kelman's view of the housing market in September, the magic rate number that could get homebuyers back into the market, and what it'll take for more inventory to hit the market.

Interest rates are going down, and these stocks should be going up.

The Federal Reserve slashed the fed funds rate last month, and more cuts are likely on the way.

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Just 25 out of every 1,000 U.S. homes changed hands in the first eight months of 2024, the lowest turnover rate in decades, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Redfin conducted an analysis of housing turnover by comparing the first eight months of 2024 across different metro areas, home and neighborhood types. The company is using turnover as a measure of housing availability; it indicates h.

Bulls argue that several tailwinds are emerging to support Redfin's recovery. According to the bear case, the recovery in the housing market isn't guaranteed, and that improvement is already priced in.

SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — Asking rents for newly constructed apartments fell to $1,746 in the second quarter, down 6.2% from a year earlier to the lowest level in more than two years. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. It was the second consecutive quarter that rents for newly built apartments posted an annual decline and the second-steepest drop in the past five years—trailing only this year's first quarter,.