The condo market has been slowing due to surging insurance costs and HOA fees, which have priced many buyers out. It has also become more common for townhouses and single-family homes to sell below list price as buyers gain negotiating power amid rising inventory and high housing costs. (NASDAQ:RDFN) — Roughly two-thirds (68.4%) of U.S. condos that sold in February sold for less than their original asking price, up from 63.3% a year earlier and the highest February level in five years, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The share of townhouses selling for below their original asking price also hit the highest February level in

Soaring housing payments are keeping many homebuyers on the sidelines, but new listings are ticking up and there are signs some house hunters are emerging as spring begins (NASDAQ:RDFN) — The typical U.S. homebuyer's monthly payment hit a record high for the second week in a row, reaching $2,802 during the four weeks ending March 30. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Sale prices are up 3.4% year over year, and the weekly average mortgage rate is 6.65%, near its lowest level since December but more than double pandemic-era lows. Pending home sales are declining. High costs are keeping a lid on sales; pending home sales

A Redfin-commissioned survey of agents across the industry reveals key insights about the challenges and opportunities facing today's real estate professionals (NASDAQ:RDFN) — Redfin, the technology-powered real estate brokerage, today released the results of its 2025 Industry Survey, offering key insights into how real estate agents view their careers, the housing market, and hot-button industry issues. The report highlights the opportunities and challenges agents see in this evolving market and the increasing pressures brought on by economic uncertainty and industry reforms. The report is based on a Redfin-commissioned Ipsos survey of 500 agents from various brokerages, conducted betwee

Goldman downgraded Redfin from Neutral to Sell and set a new price target of $6.50 from $6.00 previously

B. Riley Securities upgraded Redfin from Neutral to Buy and set a new price target of $13.00 from $7.50 previously

Stephens upgraded Redfin from Equal-Weight to Overweight and set a new price target of $9.00 from $8.00 previously

4 - Redfin Corp (0001382821) (Issuer)

4 - Redfin Corp (0001382821) (Issuer)

4 - Redfin Corp (0001382821) (Issuer)

4 - Redfin Corp (0001382821) (Issuer)

425 - Redfin Corp (0001382821) (Subject)

425 - Redfin Corp (0001382821) (Subject)

425 - Redfin Corp (0001382821) (Subject)

A Redfin-commissioned survey of agents across the industry reveals key insights about the challenges and opportunities facing today's real estate professionals (NASDAQ:RDFN) — Redfin, the technology-powered real estate brokerage, today released the results of its 2025 Industry Survey, offering key insights into how real estate agents view their careers, the housing market, and hot-button industry issues. The report highlights the opportunities and challenges agents see in this evolving market and the increasing pressures brought on by economic uncertainty and industry reforms. The report is based on a Redfin-commissioned Ipsos survey of 500 agents from various brokerages, conducted betwee

Redfin reports two upstate New York metros—Albany and Rochester—had the fastest growth in aggregate home value, while Florida metros grew more slowly (NASDAQ:RDFN) — The combined value of U.S. homes gained $2.5 trillion in 2024 to reach $49.7 trillion, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. In percentage terms, the total value of the U.S. housing market grew 5.2% year over year. That was the slowest growth in a calendar year since 2019 and the second-slowest since 2011. "There are more homes for sale right now than in recent years and that has led to buyer's markets in many areas of the country. That's good news, but it doesn't me

Redfin Next offers agents the best of both worlds: big commission splits with zero expenses and free Redfin.com customer introductions, benefits and support (NASDAQ:RDFN) — Redfin announced today it is expanding the Redfin Next agent compensation plan to 25 additional markets. Under Redfin Next, agents in these markets earn competitive splits as high as 70%, have virtually all business expenses covered, and get technology, support, benefits and customer introductions from Redfin.com, the #1 brokerage site in the United States. "Redfin Next has proven to be even better than we imagined at igniting our salesforce, helping us recruit new talent," said Jason Aleem, Redfin's chief of real es

Most-visited real estate brokerage website joins with largest mortgage lenderConnects Redfin's nearly 50 million monthly visitors to Rocket's mortgage productsRocket Companies to collapse "Up-C" structure and declares a special cash dividend of $0.80 per share of Class A common stock to be paid on April 3Rocket to host conference call and webcast today at 8:00 a.m. ETDETROIT and SEATTLE, March 10, 2025 /PRNewswire/ -- Rocket Companies (NYSE: RKT), the Detroit-based fintech platform consisting of mortgage, real estate and personal finance businesses, today announced it has entered into an agreement to purchase Redfin (NASDAQ:RDFN), a leading digital real estate brokerage, in an all-stock tran

Redfin Corporation (NASDAQ:RDFN) today announced results for its fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Fourth quarter revenue was $244.3 million, an increase of 12% compared to the fourth quarter of 2023. Gross profit was $81.9 million, an increase of 12% year-over-year. Real estate services gross profit was $32.7 million, an increase of 9% year-over-year, and real estate services gross margin was 21.9%, compared to 22.5% in the fourth quarter of 2023. Net loss was $36.4 million, compared to a net loss of $22.9 million in the fourth quarter of 2023. Net loss attributable to common stock was $36.7 million. Net loss per share attributable to common st

Redfin Corporation (NASDAQ:RDFN) will release fourth-quarter 2024 results after the stock market closes on Thursday, February 27, 2025. 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 webcast on Redfin's Investor Relations website at http://investors.redfin.com. About Redfin Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, rentals, lending, and title insurance services. We run the country's #1 real estate brokerage site. Our customers can save thousands in fees while working with a top agent. Our h

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SC 13G - Redfin Corp (0001382821) (Subject)

SC 13G/A - Redfin Corp (0001382821) (Subject)