RDFN Stock Recent News

MONSEY, N.Y., May 22, 2025 (GLOBE NEWSWIRE) -- Wohl & Fruchter LLP announces that on May 9, 2025, it filed a class action lawsuit in the United States District Court for the Western District of Washington, captioned Morano v.

SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN)—Redfin economists expect the median U.S. home-sale price to fall flat in the third quarter, and fall 1% year over year by the fourth quarter. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Redfin expects mortgage rates to remain elevated near 7% for the remainder of the year. This marks a stark reversal from years of home-price increases. Aside from a brief period in 2023, home prices have been ri.

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — New listings of U.S. homes for sale rose 8.4% year over year to their highest level in nearly three years during the four weeks ending May 18. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. But buyers aren't biting: pending sales fell 2.2%, dropping to their lowest level for this time of year in Redfin's records, which date back to 2015, and mortgage purchase applications are down 5% week over w.

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — U.S. home prices ticked down 0.1% in April on a seasonally adjusted basis, the first month-over-month decline since September 2022. This is according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Home prices were up 4.1% on a year-over-year basis, down from 4.9% growth in March. That's the lowest annual price growth since July 2023. This is according to the Redfin Home Price Index (RHPI), which uses the repeat-.

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Sales of existing U.S. homes fell to a seasonally adjusted annual rate of 4,196,707 in April, the lowest level since October 2024, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That's down 0.2% from a month earlier, and down 1.1% from a year earlier—the first annual decline in seven months. Pending sales—a more current gauge of housing market activity that includes both existing and newly constructed.

The median age of homes bought between 2012 and 2024 hit 36 years last year. That is up from 27 years in 2012. The primary reason for the aging housing inventory, according to Redfin, was the sharp drop in construction due primarily to the financial crisis and Great Recession in 2008. The data includes townhouses, condos, and single-family houses. 24/7 Wall St. Key Points: A recent analysis shows that fewer homes have built in the past two decades than in earlier ones. Provo, Utah, is the city with the newest homes. Take this quiz to see if you’re on track to retire. (sponsored) Redfin described the issue in more detail: “There have been fewer homes built in the past two decades in comparison to earlier decades. This is particularly true on the East Coast and in the Rust Belt, where the median age of sold homes can be more than 60 years.” It added that older houses tend to be less expensive than newer ones. The median cost of a home that was built over 30 years ago or more is 15%

SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) —A trio of neighboring properties in Naples, FL, made up three of April's most expensive home sales, including the most expensive: a beachfront estate that went for $133 million. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. All in all, six of last month's most expensive home sales were in coastal Florida, and two were in Beverly Hills, CA. A pair of luxury Manhattan condos, both on Billionaires'.

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The average buyer's agent commission was 2.40% for homes sold in the first quarter, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That's up slightly from 2.37% in the fourth quarter of 2024 and 2.36% in the third quarter of 2024—when the new National Association of Realtors (NAR) commissions rules went into effect—but down slightly from 2.43% in the first quarter of 2024, when the new rules were a.

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Pending U.S. home sales fell 3.4% year over year during the four weeks ending May 11 to their lowest level on record for this time of year aside from 2020, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Would-be homebuyers are backing off for two main reasons. One, rising home-sale prices and elevated mortgage rates pushed this week's median monthly housing payment to $2,860, just $6 shy of the record.

NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) --   Redfin (NASDAQ: RDFN), the technology-powered real estate brokerage, has selected Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, as its preferred SSP to power data-driven deals. Leveraging Magnite's programmatic technology, Redfin can connect advertisers with exclusive real estate audiences at key moments in their home-buying journey.