RDFN News and Press, Redfin Corporation

2024-07-01 08:30:00 ET Summary Fundamental Growth Investor Jonah Lupton shares his investing strategies, including swing trades and hedging, focusing on great companies with strong fundamentals and valuations. Why NVIDIA is the top stock to play AI. Tesla potentially overvalue...

There are more new apartments hitting the market than normal. As a result, building owners are competing with one another for tenants, which is limiting how much they can boost prices. (NASDAQ: RDFN) — Less than half (47%) of newly constructed apartments that were completed in th...

Redfin reports that nationwide, a Black family earning the median U.S. income would spend more than 40% of their income on monthly housing costs to afford the typical starter home (NASDAQ: RDFN) —The typical Black household can afford a starter home in just 10 of the 50 most popu...

High housing costs—and high temperatures—are keeping prospective homebuyers on the sidelines, making it more common for homes to sell below list price. This could be a sign that home-price growth will lose momentum in the coming months. (NASDAQ: RDFN) — The typical ...

Updates to Redfin Redesign include ability for homeowners to upload their own home photos, additional generative AI design capabilities, and availability on more listings (NASDAQ: RDFN) — Redfin ( www.redfin.com ), the technology-powered real estate company, today launched se...

2024-06-25 05:54:00 ET In June 2022, the Consumer Price Index (CPI) measure of inflation hit an annualized rate of 9.1%, which was the highest level in 40 years, and far above the U.S. Federal Reserve's target of 2%. To bring it down, the Fed aggressively hiked the federal funds rate from a...

The income renters need to afford the typical apartment is the highest since 2022 amid a rebound in asking rents, which are now just $47 shy of their record high (NASDAQ: RDFN) —The typical U.S. renter household earns an estimated $54,712 per year, 17.3% less ($11,408 in dollar t...

2024-06-21 07:12:11 ET Interesting dynamics have played out in the housing market since the Federal Reserve began raising interest rates to counter inflation. Some of these trends even go back further to the onset of the coronavirus pandemic, when the central bank dropped rates to zero at t...

Housing costs could come down in the coming months, as mortgage rates are coming down a bit and there are signs price growth could slow (NASDAQ: RDFN) — Pending home sales fell 3.8%, the biggest year-over-year decline in nearly four months, during the four weeks ending June 16. T...

More than half of luxury homebuyers would be unlikely to make an offer on a home with an outdated kitchen (NASDAQ: RDFN) — More than four in five (86%) luxury homebuyers rank double vanities as must-haves when searching for a home, making them the most asked-for kitchen and bathr...