RDFN Stock Recent News

Redfin has struggled due to high interest rates, which have put a damper on housing activity. In recent years, the real estate company has undergone changes to become more efficient and capitalize on the next housing market uptrend.

To get the latest market news check out finance.yahoo.com Buying a home has become more affordable compared to a year ago, according to new data from Redfin. Redfin found the median monthly mortgage payment reached $2,558 during the last four weeks ending September.

Residential real estate brokerage Redfin Co. NASDAQ: RDFN has been a disrupter in the finance sector, specifically in the residential real estate industry. The company has been losing money in the high interest rate and weak home-buying market.

Online real estate agent and listing website Redfin is thriving under new rules regarding real estate agent commissions. The company even sweetened its compensation for selected Redfin-affiliated agents, cementing its competitive edge.

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Redfin, the technology-powered real estate brokerage, reported today that negotiation over commissions has become more common in some markets and at higher price points in the wake of industry rule changes mandated by the National Association of Realtors legal settlement. The report focuses on interviews with dozens of Redfin agents around the country about how buyers and sellers are responding to the reforms. While consumers and agents are still adjus.

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Redfin announced today it is expanding the Redfin Next agent compensation plan nationwide. Starting October 27th, all Redfin agents will earn competitive splits as high as 75%, have virtually all business expenses covered, and get technology, support, benefits and customer introductions from Redfin.com, the #1 brokerage site in the United States. “We're fully committing to Redfin Next because it has played a significant role in transforming our busines.

B. Riley raised its rating on Redfin to a buy. With interest rates set to fall, bulls are lining up behind Redfin to capitalize on the housing market recovery.

Redfin isn't a profitable company right now, but that could change quickly in a better real estate environment.

SEATTLE--(BUSINESS WIRE)--Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following event: Goldman Sachs Communacopia & Technology Conference Monday, September 9, at 10:10 a.m. PT A link to the live webcast, as well as the replay of this presentation, will be available at http://investors.redfin.com. About Redfin Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with broke.

Redfin is responding to a new startup that is hoping to upend the way people search for and buy homes by offering a flat-see service.