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2024-04-26 12:02:44 ET More on Real Estate: XLRE: Quality Beats Quantity Once Again XLRE: Could You Do Better? Real estate stocks continue on downward trajectory as market's April pullback intensifies 8 REITs increase dividend payouts in March, says report ...
The number of homes for sale in Cape Coral, FL and North Port, FL surged roughly 50% from a year earlier in March—more than anywhere else in the country. And in McAllen, TX, supply jumped 25%. (NASDAQ: RDFN) — On the west coast of Florida, housing supply is surging, seller...
The median U.S. home pierce rose 5.2% year over year this week, and mortgage rates hit their highest level since November 2023 (NASDAQ: RDFN) —The median U.S. home-sale price hit a record $383,725 during the four weeks ending April 21, up 5.2% from a year earlier—one of th...
Redfin Corporation (NASDAQ: RDFN) will release first-quarter 2024 results after the stock market closes on Tuesday, May 7, 2024. The company will host a live webcast of its conference call to discuss the results at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time. Participants may access the live ...
Redfin reports many U.S. homeowners wouldn’t be able to afford to buy their home if they were to purchase it today because home prices have doubled over the last decade, and monthly housing costs are at an all-time high (NASDAQ: RDFN) — Nearly two of every five (38%) homeo...
Price growth is leveling off as elevated mortgage rates strain buyer budgets, but prices are still at historic highs because there aren’t enough homes for sale (NASDAQ: RDFN) — U.S. home prices climbed 0.6% from a month earlier on a seasonally-adjusted basis in March, matc...
2024-04-19 08:40:16 ET According to data compiled by S&P Global Market Intelligence , Redfin (NASDAQ: RDFN) stock was down by nearly 12% week to date in the hours before market open Friday. Investors were concerned about the latest speculation regarding the Federal Reserve's...
Daily average mortgage rates jumped to their highest level since last November after last week’s disappointing inflation report (NASDAQ: RDFN) —The median U.S. home-sale price increased 5% from a year earlier during the four weeks ending April 14, bringing it to $380,250...
Over half of LGBTQ+ respondents want to live in a place where weed is legal, compared with under one-quarter of non-LGBTQ+ respondents (NASDAQ: RDFN) —Nearly half (46.8%) of U.S. homeowners and renters who plan to vote for Joe Biden in the upcoming presidential election want to l...
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...
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Mortgage rates dropped to their lowest level since February after the latest CPI report showed inflation cooling. Still, pending home sales posted their biggest decline in eight months (NASDAQ: RDFN) — The typical U.S. homebuyer’s monthly housing payment was $2,722 during ...
2024-07-18 05:32:00 ET The real estate industry has certainly suffered as a result of the U.S. Federal Reserve's aggressive hike in interest rates to tamp down outsized inflation. The central bank increased the federal funds rate from a historic low of 0%-0.25% up to 5.25%-5.5% in just 18 m...
Just over one-third of all homes listed for sale in swing states so far this year were affordable to a household earning the median income, down from two-thirds in 2020 (NASDAQ: RDFN) — The median monthly housing payment for homebuyers in swing states has nearly doubled since the...