RDFN News and Press, Redfin Corporation From 06/06/24

Nationwide, price drops are at their highest level since November 2022, suggesting more metros may soon see sale prices decline (NASDAQ: RDFN) — Home-sale prices are declining year over year in four major U.S. metros, three of them in Texas: Austin (-2.9%), San Antonio (-1.2%), F...

2024-06-06 06:13:00 ET Zillow (NASDAQ: ZG) (NASDAQ: Z) and Redfin (NASDAQ: RDFN) are both innovative technology companies aiming to disrupt the massive real estate industry. And both are down massively from their 2021 peaks. In this video, Fool.com contributors and real ...

Millennials, Gen Xers and baby boomers all ranked the overall economy as the top issue in their presidential pick. Preserving democracy was more likely than housing affordability to weigh on Gen Xers’ and boomers’ minds (NASDAQ: RDFN) — More than nine in 10 (91%) ad...

U.S. renters are less likely to move than they were a decade ago, as soaring housing costs have priced many out of homeownership (NASDAQ: RDFN) — One in six (16.6%) U.S. renters stayed in their home for 10 years or more in 2022, up from 13.9% a decade earlier. That’s accor...

More home sellers are cutting their asking price, suggesting sale-price growth could soften in the coming months. But this week, the median sale price rose to another record high, pricing out some buyers. (NASDAQ: RDFN)—Nationwide, 6.4% of home sellers cut their asking price duri...

Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following event: BofA Securities 2024 Global Technology Conference Wednesday, June 5, at 10:00 a.m. PT A link to the live webcast, as well as the replay of this presentation,...

San Francisco and Portland, OR have the highest share of LGBTQ+ adults, yet less than 7% of homes in those places are affordable for someone on the local median income (NASDAQ: RDFN) —U.S. homebuyers need to earn an annual income of $150,364 to afford the median priced home i...

Prices keep rising because this spring’s inventory is lower than usual. The sliver of good news for buyers is that mortgage rates have declined slightly (NASDAQ: RDFN) —The median U.S. home-sale price hit a record $387,600 during the four weeks ending May 19, up 4% from a ...

Redfin reports elevated mortgage rates are curbing homebuyer demand, but prices continue to tick up because there aren’t enough homes for sale (NASDAQ: RDFN) — U.S. home prices climbed 0.5% from a month earlier in April on a seasonally adjusted basis, and rose 7.3% from a ...

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...