RDFN News and Press, Redfin Corporation From 06/18/24

More than half of luxury homebuyers would be unlikely to make an offer on a home with an outdated kitchen (NASDAQ: RDFN) — More than four in five (86%) luxury homebuyers rank double vanities as must-haves when searching for a home, making them the most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

Redfin reports price growth is slowing thanks to a small uptick in new listings as elevated mortgage rates keep buyers at bay (NASDAQ: RDFN) — U.S. home prices rose 0.3% month over month in May—the smallest increase on a seasonally adjusted basis since January 2023, per a ...

The median U.S. home sale price hit a record high in May as demand continued to outpace supply, with the number of homes for sale roughly 25% below pre-pandemic levels (NASDAQ: RDFN) — Home sales fell 1.7% month over month in May on a seasonally adjusted basis and dropped 2.9% fr...

Daily average mortgage rates dropped to their lowest level in three months on Wednesday, after the May CPI report showed that inflation is continuing to cool. That could bring back some demand; for now, home sales are still declining. (NASDAQ: RDFN) — The median U.S. home-sale pr...

2024-06-12 14:11:39 ET More on Axos Financial, Banc of California, etc. Banc of California: Priced Below Tangible Book Value Unfairly Citizens Financial Group: Two Good Income Options Axos Financial, Inc. (AX) Q3 2024 Earnings Call Transcript Regions rolls ou...

More homes are sitting on the market for at least 30 days without going under contract, as homebuying demand falters in the face of high housing costs (NASDAQ: RDFN) — More than three in five (61.9%) homes that were on the market in May had been listed for at least 30 days withou...

(NASDAQ: RDFN) — Rent. , a leading marketing platform for the multifamily rental industry, today announced that Damon Joshua has joined the company as President. With more than 25 years of sales leadership experience and a strong track record of driving revenue growth, Damon will bring...

The median asking rent climbed 0.8% year over year to $1,653 — just $47 below the record high. Washington, D.C., Cincinnati and Chicago all saw double-digit increases. (NASDAQ: RDFN) —The median U.S. asking rent rose 0.8% year over year in May to $1,653 — the hi...

Meanwhile, housing markets in Rochester and Buffalo are heating up, with homebuyers attracted to relatively low prices (NASDAQ: RDFN) — Housing markets in western Florida are cooling faster than anywhere else in the country as natural disasters intensify, new construction soars a...

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...