RDFN News and Press, Redfin Corporation From 04/17/24

Nationwide, one-third of homeowners who lost insurance have moved or plan to move, but nearly the same share are staying in their home with little or no coverage (NASDAQ: RDFN) —Nearly three-quarters (70.3%) of Florida homeowners and over half (51%) of California homeowners say t...

Lack of affordability is the most commonly cited reason renters don’t believe they’ll ever own a home (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, ...

Daily average mortgage rates reached their highest level in nearly five months following Wednesday’s hotter-than-expected inflation report, which will likely keep mortgage rates elevated for the foreseeable future (NASDAQ: RDFN) —The median monthly U.S. housing payment hit...

Nearly 20% of recent buyers have no idea who paid their agent and how the amount was determined 39% of homeowners with plans to sell think a 3% buyer’s agent commission seems high, but nearly the same share think it seems just about right (NASDAQ: RDFN) — More than...

2024-04-10 11:36:46 ET More on AGNC Investment, Chimera Investment, etc. Annaly: 2022 Replay eXp World Holdings: Trough Earnings, But Expensive AGNC: Don't Overthink Its Juicy High Yields (Rating Upgrade) eXp World unit appoints CEO Howard Hughes Hold...

In San Francisco, the typical seller who’s parting ways with their home for less than they originally paid is losing $155,500. Nationwide, the median loss is roughly $40,000. (NASDAQ: RDFN) — Nearly one of five (17.8%) homes that sold in San Francisco during the three mont...

The median U.S. asking rent rose 1% from a year earlier. By comparison, rents jumped 5% in the Midwest—in part because the region hasn’t seen as big of a construction boom as other parts of the country. (NASDAQ: RDFN) —The median U.S. asking rent rose 0.8% year over...

2024-04-06 16:17:00 ET Housing affordability in the U.S. would have worsened if the Federal Reserve had not hiked interest rates in 2022 and 2023 because home prices would have risen more, according to a study from the Federal Reserve Bank of Dallas.... Read the full article on Seekin...

2024-04-05 15:20:30 ET More on Compass, Redfin, etc. Zillow: Buy The Dip After The NAR Ruling RE/MAX Holdings: This Low Priced Stock Is My Top Turnaround Pick For 2024 Zillow Group, Inc. (Z) Presents at Morgan Stanley Technology, Media & Telecom Conference (Trans...

Americans report skipping meals, working overtime, and delaying medical care to afford housing (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 ( red...