RDFN News and Press, Redfin Corporation From 05/20/24

Redfin reports the share of houses for sale that are brand new is hovering at a level that’s nearly double the pre-pandemic rate (NASDAQ: RDFN) — One-third (33.4%) of single-family homes for sale in the U.S. in the first quarter were newly built, essentially unchanged from...

Another 27% of mortgages went to buyers aged 35-44. Young people take out the majority of mortgages because they’re of prime homebuying age, gaining financial stability and growing families. Plus, they’re less likely than older people to pay cash. (NASDAQ: RDFN) —Tw...

2024-05-17 11:04:51 ET More on Redfin Redfin: It's Not Game Over Yet, But The Outlook Is Cloudy (Rating Upgrade) Redfin Corporation (RDFN) Q1 2024 Earnings Call Transcript Redfin Corporation 2024 Q1 - Results - Earnings Call Presentation Redfin stock jumps as...

2024-05-17 10:47:03 ET SoundHound AI Inc. (SOUN) SOUN is trading DOWN for the last 4 days, and it at trading at $5.08 with volume of 17,289,089 and a one day change of $-0.13 (-2.50%). SoundHound AI Inc. has a 52-week low of 1.00 and a 52-week high of $5.11. The business's 50-day mo...

2024-05-17 09:57:38 ET More on Redfin Redfin: It's Not Game Over Yet, But The Outlook Is Cloudy (Rating Upgrade) Redfin stock jumps as analyst talks up brokerage's execution Redfin Q1 adjusted EBITDA tops consensus; issues strong Q2 revenue guidance Read th...

San Jose and Rochester are hotter than other parts of the country; roughly three-quarters of homes that sold in those metros last month fetched more than their asking price—a higher share than anywhere else in the U.S. (NASDAQ: RDFN) — The median U.S. home sale price rose ...

Redfin Next offers agents the best of both worlds: big commission splits with zero expenses and free Redfin.com customer introductions, benefits and support (NASDAQ: RDFN) — Redfin announced today it is expanding the Redfin Next agent compensation plan to 25 additional market...

Nationwide, the median asking rent rose 1% to $1,648 in April—the first increase in a year (NASDAQ: RDFN) —The median asking rent in Seattle fell 7.3% year over year in April, according to a new report from Redfin ( redfin.com ), the technology-powered real estate ...

Pending home sales are down and new listings are flat during a time of year when they typically rise. But this week’s softer-than-expected inflation report sent mortgage rates down, which could bring back some homebuyers and sellers. (NASDAQ: RDFN) —Pending home sales fell...

Real estate investors bought 19% of U.S. homes that sold in the first quarter—the highest share in almost two years (NASDAQ: RDFN) — Real estate investors bought roughly 44,000 U.S. homes in the first quarter of 2024, up 0.5% from a year earlier—the first increase s...