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2024-05-06 10:45:03 ET Redfin Corp (RDFN) RDFN is trading UP for the last 5 days, and it at trading at $6.41 with volume of 1,169,515 and a one day change of $0.21 (3.39%). Redfin Corp has a 52-week low of 4.26 and a 52-week high of $17.68. The business's 50-day moving average price...
Roughly 1 in 5 new mortgages went to low-income homebuyers in 2023, down from 23% in 2020. Meanwhile, high-income buyers have gained share because they’re more prepared to weather the storm of high home prices and mortgage rates (NASDAQ: RDFN) — Roughly one in five (20.6%)...
People of color are taking out a rising share of mortgages because an increasing share of them are of prime homebuying age, and because America is becoming more diverse. They’ve also seen larger income gains than white people in recent years. (NASDAQ: RDFN) —The share of U...
Continually rising mortgage rates are further eroding affordability — and this week's Fed meeting confirmed that mortgage rates are likely to hold steady for the foreseeable future (NASDAQ: RDFN) —The median home-sale price rose from a year earlier or stayed the same i...
2024-05-02 02:28:08 ET Summary Zillow reported its Q1 FY24 earnings, where revenue and earnings grew 13% and 20% YoY respectively, beating expectations. Although management expects a deceleration, Zillow continues to innovate on its robust growth pillars to attract high intent buy...
2024-05-01 09:00:00 ET Summary April 2024 jobs report expected to show an increase of 250,000 jobs, indicating continued tightness in the labor market. Healthcare sector likely to add jobs, while drug manufacturers may struggle. Construction, government, energy, and beverage i...
2024-04-30 13:26:48 ET More on Intel, Redfin, etc. Intel Q1 Earnings Were More Good Than Bad Intel: The AI Pie In The Sky Intel: Half A Billion Of Gaudi 3's Revenue In 2H FY24 Is Not Amazing Apollo, others consider investing in Intel joint venture: report ...
Biden voters feel particularly strongly about living in a place where gender affirming care is legal, while Trump voters feel strongly about living in a place without firm gun control laws (NASDAQ: RDFN) —Nearly one of every five (17.6%) U.S. homeowners and renters who plan to vo...
2024-04-28 20:36:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
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 ...
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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...