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$7.87Annual Revenue
$976.67 MAnnual EPS
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-177.42%Beta
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SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — Active listings—the total number of homes for sale—climbed to the highest level since 2020 in November on a seasonally adjusted basis, rising 0.5% month over month and 12.1% year over year. For all the talk of America's housing shortage, one would think that's great news. But the story is nuanced, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. A major reason for the jump in supply is a pileup of unsold.
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Active listings climbed 12% year over year during the four weeks ending December 22, though that was the smallest increase since March, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Redfin is taking a break from analysis this week, but please see the tables below for the latest housing-market data. Redfin will be back with full commentary after the holidays. Note: Some metrics are showing weakness com.
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — U.S. home prices grew 0.5% from a month earlier in November on a seasonally adjusted basis, the third consecutive month with a 0.5% increase. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. On a year-over-year basis, home prices rose 5.7%, the lowest annual increase since October 2023. November was the sixth-consecutive month where annual price growth slowed and the second-consecutive month where.
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Less than half (46.7%) of U.S. renters feel a sense of belonging in their neighborhood, compared with almost two-thirds (63.6%) of homeowners, according to a new survey from Redfin (redfin.com), the technology-powered real estate brokerage. Just 38.9% of renters feel they have things in common with their neighbors, compared with 58.5% of homeowners. And renters are more likely to avoid neighbors; 41.6% try to avoid interacting with their neighbors, ver.
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Decking the halls just got a lot easier with a little help from Redfin Redesign. Home buyers and homeowners alike can now use Redfin's AI-powered home design tool to transform home images with holiday decor inspiration. In the time it takes to hang a stocking, you can add inviting features like lights and garlands to a home listing or identify the perfect spot to hang seasonal decor in your own living room. By leveraging Roomvo's cutting-edge AI techno.
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Redfin's Homebuyer Demand Index is sitting near its highest level since September 2023, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Redfin's Homebuyer Demand Index—a seasonally adjusted measure of tours and other buying services from Redfin agents—is up 7% year over year. Mortgage-purchase applications are up 17% month over month to their highest level since late January. Pending home sales rose 6.5.
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — U.S. pending home sales rose 12.1% year over year during the four weeks ending November 24, the biggest increase since May 2021. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. One reason for the outsized increase is that early-stage homebuying demand, including home tours, boomed in the two weeks following the presidential election. But another notable reason is that Redfin is comparing it to a.
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Just over one in five (22%) U.S. renters say all of their regular income goes directly to paying their rent, according to a new survey from Redfin (redfin.com), the technology-powered real estate brokerage. Working a second job is also a fairly common way for renters to pay housing costs, with 20% of renters citing that method. Nearly the same share (19%) say they have worked a job they hated to afford rent. One in seven (14%) renters have used a cash.
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Real estate investors purchased 2.3% fewer homes in the third quarter than they did a year earlier, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The small size of the change is notable because it comes after four years of huge swings driven by the wild pandemic-era housing market. For instance, investor purchases surged as much as 144% year over year in 2021, then dropped as much as 47% last year. In.
Glenn Kelman, Redfin CEO, joins 'Money Movers' to discuss home sales and the state of the housing market.
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