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Redfin Corporation - Common Stock (RDFN)

10.76
+0.50 (4.82%)
NASDAQ · Last Trade: Jun 11th, 4:04 PM EDT
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Redfin Reports There Are 7 Major Metros Where You Can Still Buy a Luxury Home for Less Than $1 Million, Down From 30 Just Five Years Ago
(NASDAQ: RDFN) — The typical luxury home costs less than $1 million in seven of the top 50 most populous metros, down from 30 metros just five years ago. This is according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
By Redfin · Via Business Wire · June 11, 2025
Redfin Reports Some Would-Be Home Sellers Are Stepping Back as Market Tilts Toward Buyers
(NASDAQ: RDFN) — New listings of U.S. homes for sale rose 6.3% year over year during the four weeks ending June 1, one of the smallest increases of the last three months. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
By Redfin · Via Business Wire · June 5, 2025
Redfin Reports Asking Rents Are Falling in 28 Major U.S. Metros—the Most Since 2023
(NASDAQ: RDFN) — The median U.S. asking rent fell 1% year over year in May to $1,633, which is $72 below the August 2022 record high, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. On a month-over-month basis, the median U.S. asking rent rose 0.5% in May—typical for this time of year.
By Redfin · Via Business Wire · June 4, 2025
Redfin Reports U.S. Home Sellers Are Sitting on $700 Billion Worth of Listings, an All-Time High
(NASDAQ: RDFN) — There’s a total of $698 billion worth of homes for sale in the U.S., up 20.3% from a year ago and the highest dollar amount ever, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
By Redfin · Via Business Wire · June 2, 2025
Redfin Reports New Apartments Are Sitting Vacant for Months, Giving Renters Power to Negotiate Concessions
(NASDAQ: RDFN) — Less than half (49%) of newly built apartments completed in the fourth quarter of 2024 were rented within three months, up slightly from 47% the previous quarter. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. This was the fifth consecutive quarter that the rental absorption rate was below 50%, a speed that continues to lag behind pre-pandemic norms.
By Redfin · Via Business Wire · May 30, 2025
Redfin Reports High Housing Costs Are Keeping Homebuyers at Bay—But Price Relief Is in Sight
(NASDAQ: RDFN) — The median monthly mortgage payment nationwide was $2,860 during the four weeks ending May 25, up 3.6% year over year and just $25 shy of the all-time high. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
By Redfin · Via Business Wire · May 29, 2025
The U.S. Housing Market Has Nearly 500,000 More Sellers Than Buyers—the Most on Record. That Will Likely Cause Home Prices to Fall.
(NASDAQ: RDFN) — There are an estimated 1.9 million home sellers in the U.S. housing market and an estimated 1.5 million homebuyers, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. In other words, there are 33.7% more sellers than buyers (or 490,041 more, to be exact). At no other point in records dating back to 2013 have sellers outnumbered buyers by this large of a number or percentage. A year ago, sellers outnumbered buyers by just 6.5%, and two years ago, buyers outnumbered sellers.
By Redfin · Via Business Wire · May 29, 2025
Redfin Reports Luxury Pending Home Sales Fall 10% to Lowest April Level in Over a Decade as Stock Market Volatility Sidelines Wealthy Buyers
(NASDAQ: RDFN) — The typical U.S. luxury home sold for a near-record $1,348,065 in April, up 6.5% from a year earlier, as pending sales dropped to the lowest level in over a decade amid economic uncertainty. This is according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
By Redfin · Via Business Wire · May 27, 2025
Redfin Reports Investor Purchases of Condos Fall to Lowest Level in 10 Years, Aside From Start of Pandemic
(NASDAQ: RDFN) —U.S. real estate investors purchased 46,726 homes in the first quarter, up 2% year over year. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Investor purchases have been relatively stable for the last year, increasing or decreasing by 4% or less each quarter.
By Redfin · Via Business Wire · May 28, 2025
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates TASK, RDFN, DNB on Behalf of Shareholders
NEW YORK, May 24, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
By Halper Sadeh LLC · Via GlobeNewswire · May 24, 2025
Redfin Predicts Home Prices Will Dip 1% by the End of the Year, and Reports That Purchases Are Getting Canceled at Near Record Rate
(NASDAQ: RDFN)—Redfin economists expect the median U.S. home-sale price to fall flat in the third quarter, and fall 1% year over year by the fourth quarter. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Redfin expects mortgage rates to remain elevated near 7% for the remainder of the year.
By Redfin · Via Business Wire · May 22, 2025
Redfin Reports New Listings Hit Highest Level in Nearly 3 Years
(NASDAQ: RDFN) — New listings of U.S. homes for sale rose 8.4% year over year to their highest level in nearly three years during the four weeks ending May 18. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
By Redfin · Via Business Wire · May 22, 2025
Redfin Reports U.S. Home Prices Tick Down 0.1% in April, the First Monthly Drop Since 2022
(NASDAQ: RDFN) — U.S. home prices ticked down 0.1% in April on a seasonally adjusted basis, the first month-over-month decline since September 2022. This is according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
By Redfin · Via Business Wire · May 20, 2025
Redfin Reports Spring Homebuying Season Sputters as Supply Jumps to 5-Year High, Existing-Home Sales Drop to 6-Month Low
(NASDAQ: RDFN) — Sales of existing U.S. homes fell to a seasonally adjusted annual rate of 4,196,707 in April, the lowest level since October 2024, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
By Redfin · Via Business Wire · May 19, 2025
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates RDFN, LRFC, RDW, GLYC on Behalf of Shareholders
NEW YORK, May 18, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
By Halper Sadeh LLC · Via GlobeNewswire · May 18, 2025
Redfin Reports the 10 Most Expensive Home Sales of April
(NASDAQ: RDFN) —A trio of neighboring properties in Naples, FL, made up three of April’s most expensive home sales, including the most expensive: a beachfront estate that went for $133 million. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
By Redfin · Via Business Wire · May 16, 2025
Redfin Reports Real Estate Agent Commissions Haven’t Changed Much Since the NAR Settlement Took Effect
(NASDAQ: RDFN) — The average buyer’s agent commission was 2.40% for homes sold in the first quarter, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That’s up slightly from 2.37% in the fourth quarter of 2024 and 2.36% in the third quarter of 2024—when the new National Association of Realtors (NAR) commissions rules went into effect—but down slightly from 2.43% in the first quarter of 2024, when the new rules were announced.
By Redfin · Via Business Wire · May 16, 2025
Redfin Reports Economic Jitters, High Costs Stifle Spring Home Sales
(NASDAQ: RDFN) — Pending U.S. home sales fell 3.4% year over year during the four weeks ending May 11 to their lowest level on record for this time of year aside from 2020, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
By Redfin · Via Business Wire · May 15, 2025
Redfin and Magnite Join Forces to Give Advertisers Priority Access to Audience Targeting Across the Homebuying Journey
NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) --  Redfin (NASDAQ: RDFN), the technology-powered real estate brokerage, has selected Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, as its preferred SSP to power data-driven deals. Leveraging Magnite’s programmatic technology, Redfin can connect advertisers with exclusive real estate audiences at key moments in their home-buying journey.
By Magnite, Inc. · Via GlobeNewswire · May 14, 2025
Redfin Report: 10 Places Where You Can Buy a Home For Under $300,000
(NASDAQ: RDFN) — Detroit, Cleveland, and Dayton, OH—all places where the median home-sale price is under $230,000—are the least expensive metro areas in the U.S. to buy a home, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
By Redfin · Via Business Wire · May 13, 2025
Redfin Reports U.S. Asking Rents Fell 1% Year Over Year in April—Biggest Drop in 14 Months
(NASDAQ: RDFN) — The median U.S. asking rent fell 1% year over year to $1,625 in April, marking the biggest decline since February 2024, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s $80 below the August 2022 record high of $1,705.
By Redfin · Via Business Wire · May 12, 2025
The Homes Americans Are Buying Are Older Than Ever
(NASDAQ: RDFN) — The typical home bought in the U.S. hit a record age of 36 years in 2024, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s nine years older than the median age of homes purchased in 2012, highlighting how a lack of new construction over the past 15 years has fast-tracked the aging of America’s housing stock.
By Redfin · Via Business Wire · May 12, 2025
Redfin Reports Demand For Vacation Homes Drops to Lowest Level Since at Least 2018
(NASDAQ: RDFN) — U.S. homebuyers took out 86,604 mortgages for second homes in 2024, the lowest level in records dating back to 2018 and down 5% from a year earlier, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
By Redfin · Via Business Wire · May 8, 2025
Redfin Reports Record-High Costs, Economic Unease Are Stunting This Spring’s Homebuying Season
(NASDAQ: RDFN) — The median U.S. monthly housing payment hit an all-time high of $2,868 during the four weeks ending May 4, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s due to two key factors: Home-sale prices are up 1.8% year over year, and the weekly average mortgage rate is 6.76%, down slightly from mid-April but elevated well above pandemic-era lows.
By Redfin · Via Business Wire · May 8, 2025
Washington, D.C. Housing Inventory Jumps Record 25% Amid Federal Layoffs
(NASDAQ: RDFN) — Active listings of homes for sale in Washington, D.C. jumped 25.1% year over year to the highest level since 2022 during the four weeks ending April 27—the largest gain on record. This is according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. By comparison, active listings nationwide rose 14.2%—the smallest increase since March 2024.
By Redfin · Via Business Wire · May 7, 2025