Redfin Corp (OQ:RDFN)

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Apr 23, 2024 08:00 am ET
Redfin Home Price Index: Price Growth Stabilizes in March, With Prices Up 0.6% From a Month Earlier
(NASDAQ: RDFN) — U.S. home prices climbed 0.6% from a month earlier on a seasonally-adjusted basis in March, matching February’s 0.6% month-over-month gain, according to a new report from Redfin (
Apr 19, 2024 08:00 am ET
Redfin Reports the Typical U.S. Luxury Home Costs More Than Ever Before
(NASDAQ: RDFN) — The median-priced U.S. luxury home sold for a record $1,225,000 in the first quarter, up 8.7% from a year earlier, according to a new report from Redfin (
Apr 18, 2024 08:00 am ET
Redfin Reports the Cost of Buying a Home Hits New Record As Mortgage Rates Jump, Prices Rise 5%
(NASDAQ: RDFN) —The median U.S. home-sale price increased 5% from a year earlier during the four weeks ending April 14, bringing it to $380,250—just $3,095 shy of June 2022’s all-time high. That’s according to a new report from Redfin (
Apr 18, 2024 07:20 am ET
Redfin Report: Nearly Half of Biden Voters Want to Live in Place Where Weed Is Legal, Compared to Only 12% of Trump Voters
(NASDAQ: RDFN) —Nearly half (46.8%) of U.S. homeowners and renters who plan to vote for Joe Biden in the upcoming presidential election want to live in a place where recreational weed is legal, compared to 12.4% of U.S residents who plan to vote for Donald Trump. That’s according to a new report from Redfin (
Apr 17, 2024 09:51 am ET
Redfin Survey: 70% of Florida Homeowners Have Seen Rise in Insurance Costs or Changes in Coverage
(NASDAQ: RDFN) —Nearly three-quarters (70.3%) of Florida homeowners and over half (51%) of California homeowners say they or the area they live in has been affected by rising home insurance costs or changes in coverage (e.g., their insurer dropped them) in the past year. That compares with less than half (44.6%) of homeowners nationwide, according to a new
Apr 12, 2024 08:00 am ET
Redfin Reports Nearly 40% of Renters Think They’ll Never Own a Home, Up From 27% Last Year
(NASDAQ: RDFN) — Nearly two in five (38%) U.S. renters don’t believe they’ll ever own a home, up from roughly one-quarter (27%) less than a year ago, according to a new report from Redfin (
Apr 11, 2024 11:58 am ET
Redfin Report: Monthly Payments Set New Record–And Buyers’ Costs Will Likely Stay High on Inflation News
(NASDAQ: RDFN) —The median monthly U.S. housing payment hit an all-time high of $2,747 during the four weeks ending April 7, up 11% from a year earlier. That’s according to a new report from Redfin (
Apr 11, 2024 08:30 am ET
Redfin Survey: Over One-Quarter of Recent Homebuyers Have No Idea How Much Their Agent Was Paid
(NASDAQ: RDFN) — More than one-quarter of recent homebuyers (28%) have no idea how much their agent was paid, and 17% have no idea how the amount was determined, according to a new report from Redfin (
Apr 10, 2024 08:30 am ET
Redfin Reports Nearly 20% of San Francisco Home Sellers Take a Loss on Their Sale, More Than Four Times the National Share
(NASDAQ: RDFN) — Nearly one of five (17.8%) homes that sold in San Francisco during the three months ending February 29 sold at a loss, according to a new report from Redfin (
Apr 10, 2024 08:00 am ET
Redfin Reports Asking Rents Rose for the Third-Straight Month in March, Driven By the Midwest
(NASDAQ: RDFN) —The median U.S. asking rent rose 0.8% year over year to $1,987 in March, marking the third consecutive increase following three months of decreases, according to a new report from Redfin (
Apr 05, 2024 08:00 am ET
Redfin Survey: Half of U.S. Homeowners and Renters Struggle to Afford Their Housing Payments
(NASDAQ: RDFN) — Half of U.S. homeowners and renters (49.9%) sometimes, regularly or greatly struggle to afford their housing payments, according to a new report from Redfin (
Apr 04, 2024 08:00 am ET
Redfin Reports Listings and Sales Stumble as Sellers and Buyers Take Easter Break
(NASDAQ: RDFN) —New listings of U.S. homes for sale rose 8.4% from a year earlier during the four weeks ending March 31, the smallest increase in about seven weeks, according to a new report from Redfin (
Apr 02, 2024 08:00 am ET
Redfin Survey: More Than Three-Quarters of Baby Boomers Plan to Stay In Their Home As They Grow Older
(NASDAQ: RDFN) — More than three-quarters (78%) of older American homeowners plan to stay in their current home as they age, according to a new report from Redfin (
Mar 29, 2024 08:00 am ET
The Typical Homebuyer’s Down Payment Is $56,000, Up 24% From a Year Ago
(NASDAQ: RDFN) — The median down payment for U.S. homebuyers was $55,640 in February, according to a new report from Redfin (
Mar 28, 2024 08:00 am ET
Rising Supply Draws in Some Buyers, Even as Housing Payments Soar 10% to All-Time High
(NASDAQ: RDFN) —The typical U.S. monthly housing payment hit an all-time high of $2,721 during the four weeks ending March 24, up 10% from a year earlier, according to a new report from Redfin (
Mar 28, 2024 07:30 am ET
First-Time Buyers Must Make $76,000 to Afford the Typical U.S. Starter Home–Up 8% From a Year Ago
(NASDAQ: RDFN) — Homebuyers must earn $75,849 annually to afford the typical U.S. starter home as of February, up 8.2% ($5,767) from a year earlier, according to a new report from Redfin (
Mar 27, 2024 10:27 am ET
Nepo-Homebuyers: More Than One-Third of Gen Z and Millennial Homebuyers Plan to Use Family Money For Down Payment
(NASDAQ: RDFN)—More than one-third (36%) of Gen Zers and millennials who plan to buy a home soon expect to receive a cash gift from family to help fund their down payment, according to a new report from Redfin (
Mar 26, 2024 08:00 am ET
Redfin Reports The Typical Household Earns Roughly $30,000 Less Than Needed to Afford the Median-Priced Home
(NASDAQ: RDFN) — The typical U.S. household earns $29,448 less than it needs to afford the median-priced home, according to a new report from Redfin (
Mar 21, 2024 10:07 am ET
Redfin Reports Supply Climbs 5%, Biggest Increase in Nearly a Year
(NASDAQ: RDFN) —The total number of U.S. homes for sale climbed 5% during the four weeks ending March 17, the biggest year-over-year uptick since May 2023, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. New listings rose 15%, the biggest increase since June 2021.
Mar 21, 2024 08:30 am ET
Redfin Expands Redfin Next Agent Pay Plan to Additional Markets, Offering Big Splits with Zero Expenses
(NASDAQ: RDFN) — Redfin announced today it is expanding the Redfin Next agent compensation plan to seven additional markets: Chicago, Connecticut, Dallas, Miami, New York, Palm Beach, and Washington, D.C. Under the Redfin Next plan, agents in these markets earn competitive splits as high as 70%, have virtually all business expenses covered, and get technology,
Mar 19, 2024 08:00 am ET
Redfin Home Price Index: Prices Rose 0.6% in February, Marking Return to Pre-Pandemic Norm
(NASDAQ: RDFN) — Home price growth is finally back to where it was before the pandemic, according to a new report from Redfin (
Mar 15, 2024 08:00 am ET
Redfin Reports New Listings Rose to the Highest Level in 17 Months in February
(NASDAQ: RDFN) — New listings jumped 3.8% month over month on a seasonally adjusted basis in February to the highest level since September 2022, according to a new report from Redfin (
Mar 14, 2024 08:00 am ET
Redfin Report: Listings Surge, Luring Some Buyers Off the Fence, But Near-Record Housing Costs Price Others Out
(NASDAQ: RDFN) —The median U.S. monthly housing payment was $2,686 during the four weeks ending March 10, just $30 shy of last October’s all-time high, according to a new report from Redfin (
Mar 12, 2024 08:00 am ET
Redfin Expands ‘Sign & Save’ Program Nationwide
(NASDAQ: RDFN) — Redfin expanded its Sign & Save program to more than a dozen additional markets today, including Chicago, Los Angeles, Philadelphia, San Diego and San Francisco. With Sign & Save, homebuyers who sign up to work with a Redfin agent before the second tour can get a refund of 0.25 - 0.5% of the purchase price at closing.
Mar 11, 2024 08:30 am ET
Redfin Reports Asking Rents Climb 2% in February, Biggest Gain in Over a Year
(NASDAQ: RDFN) —The median U.S. asking rent rose 2.2% year over year to $1,981 in February, the largest gain since January 2023, and increased 0.9% from a month earlier. That’s according to a new report from Redfin (
Mar 11, 2024 08:00 am ET
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 new report from Redfin (
Mar 07, 2024 12:30 pm ET
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 hunters can now use Ask Redfin to learn about a listing, such as whether there’s an upcoming open house, monthly homeowners association fees, what school district
Mar 07, 2024 08:00 am ET
Redfin Reports Supply Ticked Up in February for First Time in 8 Months
(NASDAQ: RDFN) —New listings rose 13% from a year earlier nationwide during the four weeks ending March 3, the biggest increase in nearly three years, according to a new report from Redfin (
Mar 05, 2024 08:00 am ET
Redfin Analysis: Black Millennials Are Half As Likely to Own a Home As White Millennials
(NASDAQ: RDFN) —Just one-third (33%) of Black millennials own their home, compared to two-thirds (65%) of white millennials, according to a new analysis from Redfin (
Feb 29, 2024 08:00 am ET
Redfin Report: New Listings Post Biggest Uptick In Nearly 3 Years, But Buyers Show Restraint as Rates Rise
(NASDAQ: RDFN) —New listings of U.S. homes for sale rose 13% year over year during the four weeks ending February 25, the biggest increase in nearly three years, according to a new report from Redfin (
Feb 28, 2024 08:00 am ET
Redfin Reports the U.S. Housing Market Gained $2 Trillion in Value Over the Last Year
(NASDAQ: RDFN) — The U.S. housing market gained $2.4 trillion over the last year, bringing its total value to $47.5 trillion, according to a new report from Redfin (
Feb 27, 2024 04:00 pm ET
Redfin Reports Fourth Quarter and Full Year 2023 Financial Results
Redfin Corporation (NASDAQ: RDFN) today announced results for its fourth quarter and full year ended December 31, 2023.
Feb 26, 2024 08:00 am ET
Redfin Reports Florida’s Condo Prices Are Falling As Cost of Insurance and HOA Fees Skyrocket
(NASDAQ: RDFN) — Prices of condos in major Florida metros are dropping year over year, and sales are declining, according to a new report from Redfin (
Feb 22, 2024 08:00 am ET
Redfin Report: More Homes Hit the Market as Spring Approaches, But 7% Mortgage Rates Keep Buyers on the Sidelines
(NASDAQ: RDFN) —New listings rose 10% year over year during the four weeks ending February 18, the biggest increase in two months, according to a new
Feb 20, 2024 02:42 pm ET
Redfin Home Price Index: Price Growth Holds Steady at Start of the Year
(NASDAQ: RDFN) —U.S. home prices climbed 0.5% from a month earlier in January, matching the 0.5% gain seen in both December and November, according to a new report from Redfin (
Feb 16, 2024 08:00 am ET
Housing Market Activity Lost Steam in January as Mortgage Rates Stopped Falling and Prices Kept Rising
(NASDAQ: RDFN) — New listings dropped 1.2% month over month on a seasonally adjusted basis, the first decline since June, according to a new report from Redfin (
Feb 15, 2024 08:00 am ET
Redfin Reports Home Prices and Mortgage Rates Rise, Pushing Would-Be Buyers to the Sidelines
(NASDAQ: RDFN) —The median U.S. home-sale price rose 6.1% year over year during the four weeks ending February 11, the biggest increase since October 2022. That’s according to a new report from Redfin (
Feb 14, 2024 10:46 am ET
Homeowners Today Stay in Their Homes Twice As Long As They Did in 2005, Driven Largely By Older Americans Aging in Place
(NASDAQ: RDFN) — The typical U.S. homeowner has spent 11.9 years in their home, up from 6.5 years two decades ago. That’s according to a new report from Redfin (
Feb 14, 2024 08:30 am ET
Investors Bought 26% of the Country’s Most Affordable Homes in the Fourth Quarter—the Highest Share on Record
(NASDAQ: RDFN) — Real estate investors bought 26.1% of low-priced U.S. homes that sold in the fourth quarter, according to a new report from Redfin (
Feb 12, 2024 11:18 am ET
Redfin Reports People Are Moving Out of Areas With Poor Air Quality, Often Because They’re Too Expensive
(NASDAQ: RDFN) — Places facing high risk from poor air quality are losing residents faster than they used to, while places with low risk are gaining residents faster than they used to, according to a new report from Redfin (
Feb 12, 2024 08:30 am ET
Redfin Publishes Air Factor Data From First Street to Show Risk of Poor Air Quality
(NASDAQ: RDFN) — Redfin (redfin.com), the technology-powered real estate brokerage, is now publishing Air Factor data provided by First Street for nearly every U.S. property listed on Redfin.com and the Redfin iOS app. Redfin is the only brokerage to provide air quality risk data at the property level.
Feb 12, 2024 08:00 am ET
Redfin Reports People Are Moving Out of Areas With Poor Air Quality, Often Because They’re Too Expensive
(NASDAQ: RDFN) — Places facing high risk from poor air quality are losing residents faster than they used to, while places with low risk are gaining residents faster than they used to, according to a new
Feb 09, 2024 08:00 am ET
Redfin Reports U.S. Asking Rents Flatten After Pandemic Rollercoaster Ride
(NASDAQ: RDFN) —The median U.S. asking rent rose 1.1% year over year to $1,964 in January, the largest annual increase since March 2023, and was unchanged from a month earlier, according to a new report from Redfin (
Feb 08, 2024 08:00 am ET
Redfin Reports Pending Sales Post Biggest Decline in 4 Months, Dampened By Rising Mortgage Rates
(NASDAQ: RDFN) —Pending sales are down 8%, the biggest decline in four months, according to a new report from Redfin (
Feb 06, 2024 08:00 am ET
One-Third of Real Estate Agents Have Clients Who Relocated Due to Local Laws or Politics in 2023: Redfin Survey
(NASDAQ: RDFN) — Roughly one-third (32%) of real estate agents have at least one client who moved primarily because of local laws or politics in the last year, according to a survey commissioned by Redfin (
Feb 01, 2024 11:05 am ET
Redfin to Announce Fourth-Quarter 2023 Results on February 27, 2024
Redfin Corporation (NASDAQ: RDFN) will release fourth-quarter 2023 results after the stock market closes on Tuesday, February 27, 2024. The company will host a live webcast of its conference call to discuss the results at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time. Participants may access the live webcast on Redfin's Investor Relations website at
Feb 01, 2024 11:00 am ET
Redfin Announces ‘Sign & Save’ Program, Helping Homebuyers Save Thousands
(NASDAQ: RDFN) — Redfin (www.redfin.com) today announced Sign & Save, a new way for consumers to get a better deal in real estate. Homebuyers who sign up to work with a Redfin agent before the second tour can get a refund of 0.25 - 0.5% of the purchase price at closing. For example, an eligible homebuyer purchasing a $500,000 home will save $1,250. For
Feb 01, 2024 09:00 am ET
32% of Homes for Sale in the Fourth Quarter Were Newly Built—Just Shy of the Record High
(NASDAQ: RDFN) — Nationwide, 31.8% of U.S. single-family homes for sale in the fourth quarter were new construction, according to a new report from Redfin (
Feb 01, 2024 08:00 am ET
Redfin Reports More People Are Touring Homes, But That Hasn’t Yet Translated to More Sales
(NASDAQ: RDFN) — Redfin’s Homebuyer Demand Index—a measure of requests for tours and other buying services from Redfin agents—rose 6% from a week earlier during the week ending January 28, according to a new report from Redfin (
Jan 31, 2024 08:00 am ET
Redfin Reports Luxury Home Prices Hit All-Time High As Record Share of High-End Buyers Pay Cash
(NASDAQ: RDFN) — The typical U.S. luxury home sold for a record $1.17 million in the fourth quarter, up 8.8% from a year earlier, according to a new report from Redfin (
Jan 30, 2024 11:00 am ET
Homebuyers are Leaving the Bay Area at Half the Pandemic-Era Rate
(NASDAQ: RDFN) — The Bay Area had a net outflow of 26,000 homebuyers in the fourth quarter, down 13% year over year, according to a new report from Redfin (
Jan 29, 2024 08:00 am ET
Homebuyers on a $3,000 Monthly Budget Have Gained $40,000 in Purchasing Power Since Mortgage Rates Peaked Last Fall
(NASDAQ: RDFN) — A homebuyer on a $3,000 monthly budget has gained nearly $40,000 in purchasing power since mortgage rates peaked this past fall, according to a new report from Redfin (
Jan 25, 2024 08:00 am ET
Redfin Reports Price Growth Starts the Year Strong But Harsh Weather Freezes Out Some Would-Be Homebuyers
(NASDAQ: RDFN) —The median U.S. home-sale price rose 5.1% during the four weeks ending January 21, the biggest increase since October 2022, according to a new report from Redfin (
Jan 23, 2024 08:00 am ET
Redfin Home Price Index: Prices Rose 0.4% in December—the Smallest Increase in Six Months
(NASDAQ: RDFN) — U.S. home prices climbed 0.4% month over month in December—the smallest increase since June—according to a new report from Redfin (
Jan 19, 2024 08:00 am ET
Redfin Reports Pending Home Sales Rose 4% in December—Biggest Jump in Over Two Years
(NASDAQ: RDFN) — Pending home sales rose 4.1% month over month in December on a seasonally adjusted basis–the biggest increase since September 2021–to the highest level in more than a year. That’s according to a new report from Redfin (
Jan 18, 2024 08:00 am ET
Redfin Report: Housing-Market Activity Is Picking Up in 2024, But Severe Winter Weather Keeps Some Buyers and Sellers on the Sidelines
(NASDAQ: RDFN) — Mortgage-purchase applications are up 8% from a month ago, and Redfin agents report that lower mortgage rates are piquing buyers’ interest, according to a new report from Redfin (
Jan 17, 2024 08:00 am ET
Redfin Reports Gen Z’s Homeownership Rate Stagnated in 2023, But Millennials and Gen X Saw Gains
(NASDAQ: RDFN) — Just over one-quarter (26.3%) of adult Gen Zers owned a home in 2023, little changed from 26.2% in 2022, according to a new report from Redfin (
Jan 16, 2024 08:00 am ET
Empty Nesters Own Twice As Many Large Homes As Millennials With Kids
(NASDAQ: RDFN) — Empty-nest baby boomers own nearly 3 in 10 (28.2%) large U.S. homes. That’s twice as many as millennials with kids, who own just 14.2% of the country’s large homes, according to a new report from Redfin (
Jan 12, 2024 08:00 am ET
Redfin Report: 89% of People With Mortgages Have an Interest Rate Below 6%, Down From a Record 93% in 2022
(NASDAQ: RDFN) — Nationwide, 88.5% of U.S. homeowners with mortgages have an interest rate below 6%, down from a record high of 92.8% in mid-2022, according to a new report from Redfin (
Jan 11, 2024 08:00 am ET
Redfin Report: The New Year Brings an Uptick in Early-Stage Demand As Mortgage Payments Fall and More Homes Hit the Market
(NASDAQ: RDFN) —Pending U.S. home sales posted their smallest year-over-year decline in two years (-3%) during the four weeks ending January 7, according to a new report from Redfin (
Jan 08, 2024 08:00 am ET
Redfin Report: Renters Catch a Break as Costs Drop for Third Straight Month in December
(NASDAQ: RDFN) —The median U.S. asking rent fell 0.8% year over year in December to $1,964, according to a new report from Redfin (
Jan 04, 2024 08:00 am ET
Redfin Reports Homebuyers’ Monthly Payments Drop to Lowest Level in Nearly a Year, Bringing Back Some House Hunters
(NASDAQ: RDFN) —The median U.S. mortgage payment was $2,361 during the four weeks ending December 31, according to a new report from Redfin (
Dec 29, 2023 08:00 am ET
The Pandemic-Driven Migration Boom Is Waning, With the Share of Homebuyers Relocating at Lowest Level in 18 Months
(NASDAQ: RDFN) — The share of U.S. homebuyers looking to move to a different metro area declined for the third straight month in November, dropping to 23.9%. That’s the lowest share in a year and a half, according to a new report from Redfin (
Dec 28, 2023 08:00 am ET
Redfin Reports Homebuying Demand Shows Early Signs of Rebound Following Weeks of Declining Mortgage Rates and Increasing Listings
(NASDAQ: RDFN) —U.S. pending home sales have dropped 4% year over year during the four weeks ending December 24, the smallest decline since March 2022, according to a new report from Redfin (
Dec 21, 2023 09:00 am ET
Redfin Reports Only 16% of Home Listings Were Affordable for the Typical Household in 2023
(NASDAQ: RDFN) —Just 15.5% of homes for sale in 2023 were affordable for the typical U.S. household—the lowest share on record, according to a new report from Redfin (
Dec 21, 2023 08:00 am ET
Redfin Reports Declining Mortgage Rates Lure Sellers Off Sidelines, Paving the Way For 2024 Buyers
(NASDAQ: RDFN) —This week’s falling mortgage rates, sizable year-over-year increases in both new listings and listing consults with Redfin agents, and surge in housing starts all suggest that 2023’s frozen housing market is thawing. Sales are likely to climb after the typical holiday lull. That’s all according to a new
Dec 19, 2023 08:00 am ET
Redfin Home Price Index: November Marked Third Straight Month of Slowing Price Growth as Supply Crunch Eased
(NASDAQ: RDFN) — The Redfin Home Price Index— which is similar to but more current than the Case-Shiller price index—showed that U.S. home-price growth slowed for the third straight month in November. This is according to a recent report from Redfin (
Dec 15, 2023 08:31 am ET
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Dec 15, 2023 08:00 am ET
Falling Mortgage Rates Breathe New Life Into Housing Market as Listings, Pending Sales and Price Growth Hit Highest Level in Roughly a Year
(NASDAQ: RDFN) — New listings and pending home sales both climbed to the highest level in roughly a year in November as buyers and sellers got tired of waiting on the sidelines and mortgage rates ticked down. That’s according to a new report from Redfin (
Dec 14, 2023 08:00 am ET
Redfin Reports Mortgage Rates and Housing Payments Drop to Lowest Level Since Spring
(NASDAQ: RDFN) —Daily average mortgage rates have fallen to 6.82% and housing payments have dropped to their lowest level since April. That’s according to a new report from Redfin (
Dec 13, 2023 08:00 am ET
The Tide Turns for Renters as Asking Rents Post Biggest Decline in Over 3 Years
(NASDAQ: RDFN) — The median U.S. asking rent declined 2.1% year over year in November to $1,967—the biggest annual drop since February 2020—according to a report from Redfin (
Dec 11, 2023 01:53 pm ET
Redfin Extends New Agent Pay Plan in Southern California Offering Big Splits with Zero Expenses
(NASDAQ: RDFN) — Redfin (www.redfin.com) today announced it is expanding its new agent compensation plan to San Diego and Orange County, California. Under the new plan, rebranded to Redfin Next, agents earn competitive splits as high as 75%, have virtually all business expenses covered, and get technology, support, benefits and customer introductions fr
Dec 07, 2023 12:30 pm ET
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 (
Dec 07, 2023 08:30 am ET
Redfin Reports 2023 Has Been The Least Affordable Year for Homebuying on Record—But 2024 Is Looking Up
(NASDAQ: RDFN) — 2023 has been the least affordable year to buy a home in Redfin’s records, but things are looking up for 2024, according to a
Dec 07, 2023 08:00 am ET
Redfin Report: Buyers Get an Early Holiday Gift as Rates Come Down and New Listings Rise
Mortgage-purchase applications are up 15% from the 28-year low they dropped to at the start of November. New listings are up 7% year over year, the biggest increase since August 2021, and the number of homeowners contacting Redfin for help selling their home is up by double digits from a year ago.
Dec 05, 2023 07:00 am ET
Redfin Predicts 2024 Will Be the Year Homebuyers Catch a Break, With Home Prices Falling and New Listings Rising
(NASDAQ: RDFN) — Signs point to a shift toward a buyer’s market in 2024 as pandemic-driven inflation takes its last gasps, mortgage rates come down and more people list their homes for sale. That’s according to annual end-of-year predictions from Redfin (
Nov 30, 2023 08:00 am ET
Redfin Report: Monthly Mortgage Payments Fall; New Listings Post Biggest Annual Uptick in Over 2 Years
(NASDAQ: RDFN) —Housing payments have declined for the fifth week in a row, according to a new report from Redfin (
Nov 29, 2023 08:00 am ET
Redfin Report: Nashville Lands on List of Popular Homebuyer Migration Destinations For First Time Since 2021
(NASDAQ: RDFN) —Nashville has made the list of top migration destinations for the first time since 2021, according to a new report from Redfin (
Nov 28, 2023 08:30 am ET
Redfin Announces Home Price Index to Show Changes in U.S. Home Prices
(NASDAQ: RDFN) — Today, Redfin is releasing a new tool that measures changes in U.S. home prices called the Redfin Home Price Index (RHPI). The RHPI uses the repeat-sales pricing method to calculate how sale prices of single-family homes change over time, according to a new report from Redfin (
Nov 22, 2023 02:19 pm ET
Redfin Report: Buyers Have a Few Things to Be Thankful For This Week, With Listings Rising and Mortgage Rates Falling
(NASDAQ: RDFN) —This week has brought some hopeful news for homebuyers, with new listings posting their biggest year-over-year increase since 2021, according to a new report from Redfin (
Nov 17, 2023 08:00 am ET
Redfin Reports Pending Home Sales Rise to Highest Level in a Year
(NASDAQ: RDFN) —U.S. pending home sales rose 1% month over month in October to the highest level in a year on a seasonally adjusted basis. That’s according to a new report from Redfin (
Nov 16, 2023 08:00 am ET
Redfin Report: Mortgage Applications Tick Up As Rates Drop From Peak, New Listings Rise
(NASDAQ: RDFN) — Mortgage-purchase applications are rising and pending home sales have posted one of their smallest drops in more than a year and a half, according to a new report from Redfin (
Nov 14, 2023 08:00 am ET
Redfin Reports More Than One-Third of Home Sellers Are Giving Concessions to Buyers
(NASDAQ: RDFN) — Home sellers gave concessions to buyers in 35% of U.S. home sales during the three months ending Oct. 31, according to a new report from Redfin (
Nov 13, 2023 04:00 pm ET
Redfin to Present at Needham 3rd Annual Consumer Tech / E-Commerce Virtual Conference
Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following event:
Nov 09, 2023 08:30 am ET
Redfin Report: It’s the Best Time to Buy Since Mid-September, As Mortgage Rates Fall and Sellers Drop Prices
(NASDAQ: RDFN) —Mortgage rates are falling quickly, dropping from a two-decade high of 8% to 7.4% in the last three weeks, giving homebuyers an opportunity to lock in a lower rate. That’s according to a new report from Redfin (
Nov 09, 2023 08:00 am ET
Investor Home Purchases Are Down Over 40% in Sun Belt Pandemic Boomtowns
(NASDAQ: RDFN) — Investor purchases of U.S. homes dropped 29.7% year over year in the third quarter, according to a new report from Redfin (
Nov 08, 2023 04:00 pm ET
Redfin to Present at D.A. Davidson 2023 Tech Summit
Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following event:
Nov 08, 2023 09:00 am ET
Redfin Reports U.S. Asking Rents Remained Sluggish in October Amid Rising Vacancy Rate
(NASDAQ: RDFN) — The median U.S. asking rent in October was $1,978, little changed (-0.3%) from a year earlier, but down 3.7% from the $2,054 record high set in August 2022. That’s according to a new report from Redfin (
Nov 08, 2023 08:00 am ET
1 in 3 U.S. Homebuyers Are Paying All Cash, the Highest Share in Nearly a Decade
(NASDAQ: RDFN) — Just over one-third (34.1%) of U.S. home purchases in September were made in cash, up from 29.5% a year earlier and the highest share in nearly a decade. That’s according to a new report from Redfin (
Nov 07, 2023 04:00 pm ET
Redfin to Present at RBC Capital Markets Technology, Internet, Media and Telecommunications Conference
Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following event:
Nov 06, 2023 04:00 pm ET
Redfin to Present at Stephens Annual Investment Conference
Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following event:
Nov 03, 2023 10:00 am ET
Redfin Reports Luxury Home Prices Are Outperforming as Affluent Buyers Dodge High Mortgage Rates
(NASDAQ: RDFN) — The median sale price of luxury U.S. homes rose 9% year over year to $1.1 million in the third quarter, while the median sale price of non luxury homes climbed 3.3% to $340,000. Both were at the highest level of any third quarter on record, according to a new report from Redfin (
Nov 03, 2023 08:00 am ET
Redfin Reports a Record Share of Home Sellers Drop Prices as High Rates Cut Into Buyers’ Budgets
(NASDAQ: RDFN) —Nearly 7% of for-sale homes posted a price drop during the four weeks ending October 29, on average, the highest portion on record. That’s according to a new report from Redfin (
Nov 02, 2023 04:00 pm ET
Redfin Reports Third Quarter 2023 Financial Results
Redfin Corporation (NASDAQ: RDFN) today announced results for its third quarter ended September 30, 2023.
Oct 31, 2023 08:00 am ET
Almost a Third of Homes for Sale Are New Construction—the Highest Share of Any Third Quarter on Record
(NASDAQ: RDFN) — Nationwide, 30.6% of U.S. single-family homes for sale in the third quarter were new construction, according to a new report from Redfin (
Oct 26, 2023 08:30 am ET
Homes in Upstate New York Sell in Roughly a Week While in Austin It Takes Nearly Two Months
(NASDAQ: RDFN) — In Albany, NY, the typical home that sold in September went under contract in just eight days, making it the fastest market in the country, according to a new
Oct 26, 2023 08:00 am ET
Redfin Reports Buyers Get Some Relief As New Listings Finally Increase, More Sellers Drop Prices
(NASDAQ: RDFN) — New listings of homes for sale rose 0.3% from a year earlier during the four weeks ending October 22—a small increase, but the first since July 2022. That’s according to a new report from Redfin (
Oct 25, 2023 09:00 am ET
Austin, Once a Migration Hotspot, Is Losing Homebuyers to Other Cities For First Time on Record
(NASDAQ: RDFN) — More homebuyers looked to leave Austin, TX than move in during the third quarter, according to a new report from Redfin (
Oct 25, 2023 08:00 am ET
Redfin Announces Redfin Max, a Game-Changing Pay Plan for Agents
(NASDAQ: RDFN) — Redfin (www.redfin.com) today announced Redfin Max, a new pay plan for agents. With Redfin Max, agents 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. Redfin Max is launching
Oct 23, 2023 08:00 am ET
Redfin Reports New Listings and Pending Sales Ticked Up in September, But Deals Were Canceled at Highest Rate in Almost a Year
(NASDAQ: RDFN) — New listings climbed 1.4% month over month in September, the largest increase since February 2022 on a seasonally adjusted basis, according to a new report from Redfin (
Oct 19, 2023 04:00 pm ET
Redfin to Announce Third-Quarter 2023 Results on November 2, 2023
Redfin Corporation (NASDAQ: RDFN) will release third-quarter 2023 results after the stock market closes on Thursday, November 2, 2023. The company will host a live webcast of its conference call to discuss the results at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time. Participants may access the live webcast on Redfin's Investor Relations website at
Oct 19, 2023 08:00 am ET
Redfin Reports 2023 on Pace For Fewest Home Sales Since 2008 As Mortgage Rates Hit 8%
(NASDAQ: RDFN) — This year is likely to end with roughly 4.1 million existing home sales nationwide, the fewest since the housing bubble burst in 2008 after the subprime mortgage crisis. That’s according to a new report from Redfin (
Oct 17, 2023 08:00 am ET
Redfin Reports That Homebuyers Must Earn $115,000 to Afford the Typical U.S. Home—About $40,000 More Than the Typical American Household Earns
(NASDAQ: RDFN) — A homebuyer must earn $114,627 to afford the median-priced U.S. home, up 15% ($15,285) from a year ago and up more than 50% since the start of the pandemic, according to a new rep
Oct 12, 2023 08:00 am ET
Redfin Reports Listings Tick Up, But Buyers Back Off
(NASDAQ: RDFN) —New listings of U.S. homes for sale have ticked up 2% since the start of September, and listings haven’t fallen as much from summer to fall as they typically do. That’s according to a new report from Redfin (
Oct 05, 2023 09:00 am ET
Redfin Reports Asking Rents Flattened in September Amid Growing Apartment Supply
(NASDAQ: RDFN) — The median U.S. asking rent rose 0.4% year over year to $2,011 in September—the sixth straight month in which rents were little changed from a year earlier. That’s according to a new report from Redfin (
Oct 05, 2023 08:00 am ET
Redfin Reports New Listings Hold Up As Mortgage Rates Soar Toward 8%
(NASDAQ: RDFN) — Mortgage rates hit their highest level in more than 20 years this week, pushing homebuyers’ monthly housing payments to all-time highs. That’s according to a new report from Redfin (
Oct 04, 2023 08:00 am ET
Redfin Survey: 59% of Recent Homebuyers Say Purchasing a House Is More Stressful Than Dating
(NASDAQ: RDFN) — Nearly two-thirds of recent U.S. homebuyers (59%) think purchasing a house is more stressful than dating, according to a new rep
Oct 03, 2023 08:00 am ET
Redfin Survey: LGBTQ+ Renters More Likely to Cite Lack of Family Support, Student Loans as Financial Barriers to Homeownership
(NASDAQ: RDFN) — LGBTQ+ renters are more likely to face financial barriers to homeownership than non LGBTQ+ renters, according to a survey commissioned by Redfin (
Sep 28, 2023 09:00 am ET
Redfin Survey: Roughly One-Third of Black, Hispanic Respondents Faced Discrimination During Recent House Hunt
(NASDAQ: RDFN) — Nearly one-third (32%) of Black Americans who recently moved believe they were discriminated against based on their ethnicity or race during their home search, and an additional 22% believe they may have been discriminated against. That’s according to a survey from Redfin (
Sep 28, 2023 08:00 am ET
Redfin Reports More Home Sellers Drop Their Asking Price As Mortgage Rates Hit Two-Decade High
(NASDAQ: RDFN) — Roughly one in 15 (6.5%) U.S. homes for sale had a price drop during the four weeks ending September 24, on average, up from 5.8% a month earlier–a sharp monthly increase compared to the same period in years past. That’s according to a new report from Redfin (
Sep 26, 2023 08:00 am ET
A Record Share of Homebuyers Are Relocating, Many to Places Endangered By Climate Change
(NASDAQ: RDFN) — A record 26% of homebuyers are looking to move to a different part of the country, according to a new report from Redfin (
Sep 22, 2023 08:00 am ET
Redfin Reports Pending Home Sales Drop 13% Year Over Year As Mortgage Rates Stay Stubbornly High
(NASDAQ: RDFN) —Mortgage rates are sitting near a two-decade high and U.S. home prices rose 3% year over year during the four weeks ending September 17, pushing monthly housing payments to an all-time high. That’s according to a new report from Redfin (
Sep 20, 2023 08:00 am ET
Redfin Survey: Most Respondents Support More Homebuilding, But Many Don’t Want a Complex in Their Neighborhood
(NASDAQ: RDFN) — Nearly four of every five (78%) respondents to a recent housing survey support policies that promote building more housing, according to a new rep
Sep 15, 2023 08:00 am ET
Redfin Reports Home Purchases Fell Through at the Highest Rate in Nearly a Year in August
(NASDAQ: RDFN) — Residential real estate deals are falling through at the highest rate in almost a year as high mortgage rates give homebuyers sticker shock, according to a new report from Redfin (
Sep 14, 2023 08:30 am ET
Redfin Reports Demand for Vacation Homes Sits Near 7-Year Low Due to High Housing Costs, Return-to-Office Mandates
(NASDAQ: RDFN) — Mortgage-rate locks for second homes were down 47% from pre-pandemic levels on a seasonally adjusted basis in August, compared to a 33% decline for primary homes, according to a new report from Redfin (
Sep 14, 2023 08:00 am ET
Redfin Report: Monthly Housing Costs Hit All-Time High, Deterring Would-Be Buyers
(NASDAQ: RDFN) —The median U.S. monthly mortgage payment hit an all-time high of $2,632 during the four weeks ending September 10. That’s according to a new report from Redfin (
Sep 13, 2023 08:00 am ET
Redfin Survey Finds 1 in 10 Home Sellers Are Moving Because They’re Being Called Back to the Office
(NASDAQ: RDFN) — Return-to-work policies are motivating one in every 10 (10.1%) U.S. home sellers to relocate, according to a new survey commissioned by Redfin (
Sep 12, 2023 08:00 am ET
Redfin Reports Landlords Are Charging Near-Record Rents—But Offering Concessions
(NASDAQ: RDFN) — The median U.S. asking rent in August was $2,052, just $2 below the record high set a year earlier, according to a new report from Redfin (
Sep 07, 2023 08:30 am ET
Redfin Survey: 1 in 5 Millennial Respondents Believe They’ll Never Own a Home
(NASDAQ: RDFN) — Nearly one of every five (18%) millennials and 12% of Gen Zers who replied to a recent housing survey believe they will never own a home, according to a new report from Redfin (
Sep 07, 2023 08:00 am ET
Redfin Report: Prices Go Up While Demand Goes Down
(NASDAQ: RDFN) — Although mortgage rates are inching down from their recent peak, housing affordability isn’t improving much, according to a new report from Redfin (
Sep 06, 2023 08:00 am ET
Redfin Reports 1 in 8 San Francisco Home Sellers Is Losing Money—the Highest Share in the Nation
(NASDAQ: RDFN) — Roughly one of every eight (12.3%) homes that sold in San Francisco during the three months ending July 31 was purchased for less than the seller bought it for, up from 5% a year earlier, according to a new
Aug 31, 2023 04:00 pm ET
Redfin to Present at Goldman Sachs Communacopia + Technology Conference
Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following event:
Aug 31, 2023 08:00 am ET
Redfin Reports Miami Home Prices Are Up 17% From a Year Ago
(NASDAQ: RDFN) —The median home-sale price in Miami rose 17% from a year earlier during the four weeks ending August 27, the biggest increase the metro area has seen since October 2022. This is according to a new report from Redfin (
Aug 30, 2023 04:00 pm ET
Redfin to Present at Citi's 2023 Global Technology Conference
Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following event:
Aug 30, 2023 08:00 am ET
Real Estate Investors Pull Back, Buying 45% Fewer Homes Than A Year Ago
(NASDAQ: RDFN) —Investor home purchases fell 45% from a year earlier in the second quarter, outpacing the 31% drop in overall home sales, according to a new report from Redfin (
Aug 25, 2023 08:00 am ET
Redfin Reports Pending Home Sales Ticked Up in July But Still Hovered Near Recent Low
(NASDAQ: RDFN) — July pending home sales rose 0.7% from a month earlier to the highest level since the start of the year on a seasonally adjusted basis, but were still only 5.4% above the low point hit in March. That’s according to a new report from Redfin (
Aug 24, 2023 08:00 am ET
Redfin Report: A Homebuyer on a $3,000 Budget Has Lost $71,000 in Purchasing Power Since Last Year
(NASDAQ: RDFN) —Historically high mortgage rates are cutting into buyers’ budgets, according to a new report from Redfin (
Aug 23, 2023 08:00 am ET
Redfin Reports Myrtle Beach, SC Becomes Popular Homebuyer Migration Destination for First Time
(NASDAQ: RDFN) — More than one-quarter (25.8%) of homebuyers are looking to move to a different part of the country, a record-high share and up from 23.7% a year ago. That’s according to a new report from Redfin (
Aug 17, 2023 08:00 am ET
New Builds Make Up One-Third of Houses on the Market, With High Rates Locking Up Existing Inventory
(NASDAQ: RDFN) — Newly built homes made up nearly one-third (31.4%) of single-family homes on the market nationwide in the second quarter, according to a new report from Redfin (
Aug 15, 2023 08:00 am ET
The Typical Teacher Can Afford Just 12% of Homes for Sale Near Their School, Down From 30% in 2019
(NASDAQ: RDFN) — The average teacher can afford just 12% of homes for sale within commuting distance of their school, according to a new report from Redfin (
Aug 15, 2023 06:00 am ET
Roughly 40% of Redfin Survey Respondents Who Reside in Texas, Florida Would Prefer Living Somewhere Abortion Is Legal
(NASDAQ: RDFN) — Roughly two of every five respondents to a recent Redfin survey who live in Texas or Florida would prefer to live in a place where abortion is legal, according to a new report from Redfin (
Aug 14, 2023 08:00 am ET
Redfin Report: Homes Cost 38% More in Neighborhoods That Offer the Best Shot at Upward Mobility
(NASDAQ: RDFN) — The typical home that sold in a high-opportunity U.S. neighborhood in 2022 went for $470,000, 38.2% more than the typical home that sold in a low-opportunity neighborhood, which went for $340,000. That’s according to a new report from Redfin (
Aug 11, 2023 08:30 am ET
Redfin Reports Nearly 1 in 10 U.S. Homes Are Worth at Least $1 Million, Close to All-Time High
(NASDAQ: RDFN) — Just over 8% of U.S. homes are worth $1 million or more, near June 2022’s all-time high of 8.6%, according to a new report from Redfin (
Aug 11, 2023 08:00 am ET
U.S. Housing Market Recovers the Nearly $3 Trillion It Lost, Hitting Record $47 Trillion in Total Value
(NASDAQ: RDFN) — The total worth of U.S. homes hit a record $46.8 trillion in June, according to a new report from Redfin (
Aug 10, 2023 09:00 am ET
Redfin Reports Asking Rents Are Inching Closer to Their Record High
(NASDAQ: RDFN) — The median U.S. asking rent in July was $2,038, just $16 below the record high set in August 2022. That’s according to a new report from Redfin (
Aug 10, 2023 08:00 am ET
Redfin Report: Low Demand + Lower Supply = High Prices
(NASDAQ: RDFN) — The median U.S. home-sale price rose 3% year over year during the four weeks ending August 6, the biggest increase since November. That’s according to a new report from Redfin (
Aug 04, 2023 08:00 am ET
Redfin Reports The Typical U.S. Homebuyer’s Monthly Payment Is Up Nearly 20% From a Year Ago As Prices Rise
(NASDAQ: RDFN) — The typical U.S. homebuyer’s monthly mortgage payment was $2,605 during the four weeks ending July 30, up 19% from a year earlier and down just $32 from early July’s all-time high. That’s according to a new report from Redfin (
Aug 03, 2023 04:00 pm ET
Redfin Reports Second Quarter 2023 Financial Results
Redfin Corporation (NASDAQ: RDFN) today announced results for its second quarter ended June 30, 2023.
Jul 31, 2023 08:00 am ET
Redfin Publishes Wind Factor Data From First Street Foundation to Show Damage Potential for Homes
(NASDAQ: RDFN) — Redfin (redfin.com), the technology-powered real estate brokerage, is now publishing wind risk data provided by First Street Foundation for nearly every for-sale U.S. property listed on Redfin.com.
Jul 28, 2023 09:00 am ET
First-Time Buyers Need to Earn 13% More Than a Year Ago to Afford the Typical U.S. Starter Home
(NASDAQ: RDFN) — A first-time homebuyer must earn roughly $64,500 per year to afford the typical U.S. “starter” home, up 13% ($7,200) from a year ago, according to a new report from Redfin (
Jul 27, 2023 10:00 am ET
Las Vegas Tops List of Popular Homebuyer Destinations For First Time, With West Coast Migrants Drawn to Cheaper Homes
(NASDAQ: RDFN) — A record one-quarter (25.5%) of homebuyers nationwide looked to move to a different metro area in the second quarter, according to a new report from Redfin (
Jul 27, 2023 08:00 am ET
Redfin Reports Home Prices Are Up 3% Year Over Year, Biggest Increase Since November
(NASDAQ: RDFN) — The typical U.S. home sold for roughly $382,000 during the four weeks ending July 23, up 2.6% from a year earlier, the biggest increase since November. That’s according to a new report from Redfin (
Jul 26, 2023 08:00 am ET
Luxury Home Prices Post Double-Digit Drops in the Bay Area, Seattle
(NASDAQ: RDFN) — Luxury home prices in San Francisco are falling faster than anywhere else in the nation, according to a new report from Redfin (
Jul 24, 2023 07:00 am ET
Redfin Reports Migration Into America’s Most Flood-Prone Areas Has More Than Doubled Since the Start of the Pandemic
(NASDAQ: RDFN) — The most flood-prone U.S. counties saw 384,000 more people move in than out in 2021 and 2022—a 103% increase from the prior two years, when 189,000 more people moved in than out, according to a new report from Redfin (
Jul 20, 2023 04:00 pm ET
Redfin to Announce Second-Quarter 2023 Results on August 3, 2023
Redfin Corporation (NASDAQ: RDFN) will release second-quarter 2023 results after the stock market closes on Thursday, August 3, 2023. The company will host a live webcast of its conference call to discuss the results at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time. Participants may access the live webcast on Redfin's Investor Relations website at
Jul 20, 2023 08:00 am ET
Redfin Reports Home Prices Climb 2% From a Year Ago, With Low Supply Fueling Competition
(NASDAQ: RDFN) — The typical U.S. home sold for $382,500 during the four weeks ending July 16, up 2.1% from a year earlier. That’s the biggest increase since December 2022 and the second straight price uptick after nearly five months of declines, according to a new report from Redfin (
Jul 18, 2023 08:00 am ET
Just 1% of U.S. Homes Have Changed Hands This Year, the Lowest Share in at Least a Decade
(NASDAQ: RDFN) — Roughly 14 of every 1,000 U.S. homes changed hands during the first six months of 2023, according to a new report from Redfin (
Jul 17, 2023 08:00 am ET
Homes Are Selling for Near-Record Highs as Supply Falls to New Low, Demand Picks Up
(NASDAQ: RDFN) — A record low number of homes for sale combined with an uptick in homebuyer demand propped up housing prices in June, even as elevated mortgage rates kept many buyers on the sidelines. That’s according to a new report from Redfin (
Jul 13, 2023 08:00 am ET
Redfin Reports U.S. Home Prices Rise For the First Time in Nearly Five Months
(NASDAQ: RDFN) — The median U.S. home-sale price rose 1.5% from a year earlier during the four weeks ending July 9, the first increase in nearly five months. That’s according to a new report from Redfin (
Jul 12, 2023 03:02 pm ET
Redfin Reports The Typical U.S. Asking Rent Is Only $24 Below Its Record High
(NASDAQ: RDFN) — The U.S. rental market has been slowing for more than a year, but the median asking rent is still only $24 below its record high. That’s according to a new report from Redfin (
Jul 07, 2023 08:00 am ET
Redfin Reports Home Listings, Sales Bounce Back in Florida Towns Hit by Hurricane Ian Despite Increasing Climate Risk
(NASDAQ: RDFN) — Listings of homes for sale in the Cape Coral-Fort Myers, FL metropolitan area have recovered after plunging in the wake of Hurricane Ian last fall, and sales have begun to bounce back, according to a new report from Redfin (
Jul 06, 2023 08:00 am ET
Redfin Reports the Average U.S. Home Is Selling Above Its Asking Price for the First Time in Nearly a Year
(NASDAQ: RDFN) — The average sale-to-list price ratio hit 100.1% during the four weeks ending July 2, marking the first time in nearly a year the average U.S. home is selling for more than its asking price. That’s according to a new report from Redfin (
Jun 29, 2023 08:00 am ET
Redfin Reports The Typical U.S. Home Is Selling For Just $4,000 Less Than Last Year’s All-Time High
(NASDAQ: RDFN) — The typical U.S. home is selling for roughly $383,000, only about $4,000 less (-1%) than the all-time high set last June, according to a new report from Redfin (
Jun 28, 2023 08:00 am ET
Drought-Stricken Phoenix Is the Top Destination For Relocating Homebuyers
(NASDAQ: RDFN) —A record one-quarter (25.4%) of homebuyers nationwide are looking to move to a different metro area, according to a new report from Redfin (
Jun 27, 2023 08:00 am ET
Rainbows, Stars and Stripes—How 13 Different Flags Impact Where Homebuyers Want to Live
(NASDAQ: RDFN) — Nearly one-third (29.5%) of U.S. homebuyers said that seeing a rainbow flag in a neighborhood would make them more likely to make an offer on a home there, according to a new survey from Redfin (
Jun 22, 2023 08:00 am ET
Redfin Report: The Spring 2023 Homebuying Season Never Happened
(NASDAQ: RDFN) — As spring turns into summer, it’s official: The traditionally hot spring homebuying season didn’t come to fruition in 2023. That’s according to a new report from Redfin (
Jun 21, 2023 08:00 am ET
Redfin Reports There Were Fewer Homes for Sale in May Than Any Other Month on Record
(NASDAQ: RDFN) — The number of homes for sale in the U.S. fell 7.1% year over year to 1.4 million on a seasonally adjusted basis in May, according to a new report from Redfin (
Jun 15, 2023 05:00 am ET
Redfin Reports There Are Nearly 40% Fewer Homes For Sale Now Than Pre-Pandemic
(NASDAQ: RDFN) — The total number of U.S. homes for sale dropped 6% from a year earlier during the four weeks ending June 11, the biggest decline in 13 months. That’s according to a new report from Redfin (
Jun 14, 2023 07:00 am ET
Nearly Everyone With a Mortgage Has an Interest Rate Below 6%, Prompting Many to Stay Put
(NASDAQ: RDFN) — More than nine of every 10 (91.8%) U.S. homeowners with mortgages have an interest rate below 6%, according to a new report from Redfin (
Jun 09, 2023 08:00 am ET
Redfin Reports Asking Rents Fall 2% in the West But Rise 5% in the Northeast, Midwest
(NASDAQ: RDFN) — The median U.S. asking rent fell 0.6% year over year to $1,995 in May—the largest annual decline since March 2020—according to a new report from Redfin (
Jun 08, 2023 08:00 am ET
Redfin Reports Supply Shortage Worsens, Propping Up Prices, As Near-7% Mortgage Rates Handcuff Homeowners
(NASDAQ: RDFN) — New listings of homes for sale fell 25% year over year to their lowest level of any early June on record. That’s according to a new report from Redfin (
Jun 07, 2023 08:00 am ET
One-Third of U.S. Homebuyers Are Paying in Cash, the Highest Share in Nearly a Decade
(NASDAQ: RDFN) — One-third (33.4%) of U.S. home purchases were made in cash in April, up from 30.7% a year earlier and the highest share in nine years, according to a new report from Redfin (
Jun 01, 2023 02:59 pm ET
Redfin Reports Mortgage Rates Are Up, Homes Sales Are Down, As Prices Remain Resilient
(NASDAQ: RDFN) — Pending home sales fell 17% from a year earlier during the four weeks ending May 28, one of the biggest declines since the start of the year. That’s according to a new report from Redfin (
May 31, 2023 08:00 am ET
Redfin Reports Investor Home Purchases Fell a Record 49% Year Over Year in the First Quarter
(NASDAQ: RDFN) — Real estate investors purchased 48.6% fewer homes in the first quarter of 2023 than they did a year earlier as elevated interest rates along with declining rents and housing values ate into potential profits, according to a new report from Redfin (
May 30, 2023 04:00 pm ET
Redfin to Present at BofA Securities 2023 Global Technology Conference
Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following event:
May 26, 2023 08:00 am ET
Redfin Reports Out-of-Town Moves Have Fallen 6% From a Year Ago, Compared With 17% Drop For In-Town Moves
(NASDAQ: RDFN) — The number of Redfin.com users looking to move to a different part of the country is down 6% from a year earlier, the biggest drop on record, as the overall U.S. housing market remains cool in the face of high mortgage rates and economic uncertainty. This is according to a new report from Redfin (
May 25, 2023 05:23 pm ET
Redfin Reports Mortgage Rates Surge Past 7.1% For First Time Since November; Some Buyers Back Off While Others Lower Budget
(NASDAQ: RDFN) — Housing payments hit a new high this week as mortgage rates jumped due to progress on a possible debt-ceiling deal. That’s according to a new report from Redfin (
May 25, 2023 08:00 am ET
More Than 2 in 5 Home Sellers Are Making Concessions to Buyers, Nearly Double Last Year’s Share
(NASDAQ: RDFN) — Home sellers gave concessions to buyers in 42.9% of U.S. home sales during the three months ending April 30, up from 25.5% a year earlier, according to a new report from Redfin (
May 23, 2023 07:00 am ET
Redfin Reports Home-Price Growth During Pandemic Was Most Local Since the Great Recession
The pandemic housing market era has made home price-growth trends more local in the last year than they have been since 2009, according to a new report from Redfin (
May 22, 2023 01:49 pm ET
Redfin Reports Homes in Austin and Boise are Selling for $80,000 Less Than a Year Ago
(NASDAQ: RDFN) —The median U.S. home sale price fell 4.1% ($17,603) year over year in April to $408,031, according to a new report from Redfin (
May 19, 2023 01:00 pm ET
Redfin Reports There Are Only Four Major U.S. Metro Areas Where It’s Cheaper to Buy a Home Than Rent
(NASDAQ: RDFN) — There are just four major U.S. metropolitan areas where it would be cheaper to buy than rent the typical home—that is, the typical home has an estimated monthly mortgage cost lower than its estimated monthly rental cost. That’s according to a new report from Redfin (
May 18, 2023 03:15 pm ET
Redfin Reports Fewer Metros Are Seeing Home-Price Declines As Lack of Inventory Keeps Prices Afloat
(NASDAQ: RDFN) — The median U.S. home-sale price fell 2.7% during the four weeks ending May 14, the smallest decline in over a month. That’s according to a new report from Redfin (
May 11, 2023 04:00 pm ET
Redfin to Present at 18th Annual Needham Technology & Media Conference
Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following event:
May 11, 2023 03:08 pm ET
Redfin Reports Asking Rents Flattened in April as Landlords Faced Rising Vacancies
(NASDAQ: RDFN) — The median U.S. asking rent rose 0.3% year over year to $1,967 in April—the 11th-consecutive month of slowing growth, according to a new report from Redfin (
May 11, 2023 02:52 pm ET
Redfin Reports Limited Listings Lead to Few But Fast Home Sales
(NASDAQ: RDFN) — Limited inventory and elevated mortgage rates continue to suppress U.S. home sales as we enter the heart of spring, typically a hot homebuying season, according to a new report from Redfin (
May 05, 2023 08:00 am ET
Redfin Reports Homes Sell Quickly as Historic Drop in Listings Fuels Competition Among Buyers
(NASDAQ: RDFN) — Elevated mortgage rates are prompting many homeowners to stay put, resulting in bidding wars as buyers compete for a small pool of homes, according to a new report from Redfin (
May 04, 2023 04:01 pm ET
Redfin Reports First Quarter 2023 Financial Results
Redfin Corporation (NASDAQ: RDFN) today announced results for its first quarter ended March 31, 2023.
May 03, 2023 03:21 pm ET
Redfin Launches ChatGPT Plugin to Help People Find Their Next Home
(NASDAQ: RDFN) — Redfin (redfin.com), the technology-powered real estate brokerage, today launched a ChatGPT plugin to help people find homes that are a great fit for them. The Redfin ChatGPT plugin was built with OpenAI, an AI research and deployment company, and is available now for eligible ChatGPT users to install and enable from the Plugin store. Anyon
May 02, 2023 08:00 am ET
Roughly 1 in 4 Homes for Sale in Austin and Seattle Cost Less Than They Would Have a Year Ago
(NASDAQ: RDFN) — One-quarter of homes for sale in Austin, TX (25.8%) have lower estimated monthly housing payments than they would have if they had been for sale a year ago, according to a new
Apr 28, 2023 08:30 am ET
Out-of-Town Moves Remain Popular As High Housing Costs Push Homebuyers to Affordable Areas
(NASDAQ: RDFN) — The number of Redfin.com home searchers looking to relocate to a new metro fell 4.2% from a year earlier in the first quarter, compared with a 15.6% drop for those looking to move within their current metro. That’s according to a new report from Redfin (
Apr 28, 2023 08:00 am ET
Redfin Reports Dearth of New Listings Keeps Home Prices From Falling Further
(NASDAQ: RDFN) — New listings of homes for sale fell 22.4% nationwide from a year earlier during the four weeks ending April 23, one of the biggest declines since the start of the pandemic, according to a new
Apr 21, 2023 08:15 am ET
The Race to Homeownership: Gen Z Tracking Ahead of Their Parents’ Generation, Millennials Behind
(NASDAQ: RDFN) — Nearly one-third (30%) of 25-year-olds owned their home in 2022, according to a new report from Redfin (
Apr 21, 2023 08:00 am ET
Real Estate Investors Are Losing Money on Roughly 1 in 7 Homes They Sell—The Highest Share Since 2016
(NASDAQ: RDFN) — Roughly one of every seven (13.5%) U.S. homes sold by an investor in March sold for less than the investor bought it for, according to a new report from Redfin (
Apr 20, 2023 05:25 pm ET
Redfin Reports Home Prices Drop 3%, But Monthly Housing Payments Hit Record High As Mortgage Rates Tick Up
(NASDAQ: RDFN) — The typical U.S. homebuyer’s monthly housing payment hit an all-time high of $2,538 as average weekly mortgage rates rose to 6.39% after five consecutive weeks of declines, according to a new report from Redfin (
Apr 20, 2023 04:00 pm ET
Redfin to Announce First-Quarter 2023 Results on May 4, 2023
Redfin Corporation (NASDAQ: RDFN) will release first-quarter 2023 results after the stock market closes on Thursday, May 4, 2023. The company will host a live webcast of its conference call to discuss the results at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time. Participants may access the live webcast on Redfin's Investor Relations website at
Apr 19, 2023 08:00 am ET
Redfin Reports Home Prices Fell 3% in March–Biggest Annual Drop in Over a Decade
(NASDAQ: RDFN) — The median U.S. home price fell 3.3% in March to $400,528, the largest year-over-year drop since 2012, according to a new report from Redfin (
Apr 14, 2023 08:00 am ET
Redfin Report: Rents Post First Annual Decline in Three Years
(NASDAQ: RDFN) — The median U.S. asking rent fell 0.4% year over year to $1,937 in March—the first annual decline since March 2020 and the lowest median asking rent in 13 months, according to a new report from Redfin (
Apr 13, 2023 05:20 pm ET
Redfin Report: Buyers Can’t Buy if Sellers Won’t Sell
(NASDAQ: RDFN) — New listings of U.S. homes for sale dropped 25% from a year earlier during the four weeks ending April 9, continuing an eight-month streak of double-digit declines, according to a new report from Redfin (
Apr 13, 2023 08:00 am ET
Redfin Expands Brokerage to Colorado Rockies
(NASDAQ: RDFN) — Redfin (www.redfin.com), the technology-powered real estate brokerage, today announced it has launched in the Colorado Rockies. Homebuyers and sellers in Summit, Eagle, Clear Creek, Gilpin, Lake and Park counties can now work with an experienced local Redfin agent.
Apr 10, 2023 08:00 am ET
Redfin Reports Demand For Vacation Homes Is Down More Than 50% From Pre-Pandemic Levels
(NASDAQ: RDFN) — Mortgage-rate locks for second homes were down 52% from pre-pandemic levels on a seasonally adjusted basis in March, according to a new report from Redfin (
Apr 06, 2023 03:49 pm ET
Redfin Reports Demand Outpaces Limited Supply, Making Some Markets Feel Hot Despite Few Sales
(NASDAQ: RDFN) — Although elevated mortgage rates continue to dampen homebuying demand, low inventory means home are selling fast in some parts of the country, according to a new report from Redfin (
Mar 31, 2023 08:00 am ET
Redfin Reports Early-Stage Homebuying Demand Hits Highest Level Since May
(NASDAQ: RDFN) — House hunters are wading into the market as mortgage rates and home prices continue to decline, according to a new report from Redfin (
Mar 28, 2023 08:00 am ET
Redfin Reports Cross-Country Movers Largely Undeterred By High Mortgage Rates
(NASDAQ: RDFN) — The number of Redfin.com home searchers looking to relocate to a new metro fell 3.6% year over year in February, according to a new report from Redfin (
Mar 27, 2023 08:00 am ET
Redfin Reports Housing Markets in West Coast Hubs and Zoom Towns Cooling Fastest
(NASDAQ: RDFN) — Housing markets in tech hubs and pandemic migration hotspots are cooling more rapidly than other parts of the U.S as the tech sector falters and mortgage rates remain elevated, according to a new report from Redfin (
Mar 24, 2023 08:00 am ET
Redfin Reports Spring Homebuying Season Kicks Off With Steady Demand, But Lack of Listings Holds Back Sales
(NASDAQ: RDFN) — This week’s news that the Fed is modestly hiking interest rates and may pause them sooner than anticipated brought mortgage rates down for the second week in a row, according to a new report from Redfin (
Mar 22, 2023 04:10 pm ET
Redfin Releases Inaugural Environmental, Social and Governance Report
(NASDAQ: RDFN) — Today, Redfin (www.redfin.com), the technology-powered real estate brokerage, published its inaugural
Mar 22, 2023 07:00 am ET
The Typical Down Payment Has Fallen 10% From a Year Ago As Housing Market Cools
(NASDAQ: RDFN) — The typical U.S. homebuyer’s down payment fell 10% year over year in January to $42,375, its lowest level in nearly two years, according to a new report from Redfin (
Mar 17, 2023 08:00 am ET
Redfin Reports Home Prices Fell 1% in February, First Annual Drop Since 2012
(NASDAQ: RDFN) —The median U.S. home price fell 1.2% in February marking the first year-over-year decline since 2012, according to a new report from Redfin (
Mar 16, 2023 03:05 pm ET
Redfin Reports Demand For Mortgages Ticks Up As Rates Drop Amid Banking Turmoil
(NASDAQ: RDFN) — Some homebuyers are returning to the market as mortgage rates decline from the four-month high they reached last week, according to a new report from Redfin (
Mar 15, 2023 12:30 pm ET
Redfin Premier Expands Luxury Real Estate Service Nationwide
(NASDAQ: RDFN) — Redfin (www.redfin.com), the technology-powered real estate company, today announced it has expanded its

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