Redfin Corporation Stock News

SEATTLE--(BUSINESS WIRE)--(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...

SEATTLE--(BUSINESS WIRE)--(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 lowes...

SEATTLE--(BUSINESS WIRE)--(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 bro...

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Eight of the 50 most populous U.S. metropolitan areas saw an increase in the share of homes selling for above their original list price in February, and half of those metros are in the Bay Area or New York. That's according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. In San Francisco, 57.2% of homes that ...

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Five of Redfin's 10 hottest neighborhoods of 2025 are in Midwest suburbs, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Pricey coastal cities are also in high demand, with neighborhoods in New York and San Francisco making the list as workers return to the office following the pandemic. Redfin ana...

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The typical U.S. homebuyer's monthly housing payment hit an all-time high of $2,807 during the four weeks ending March 23, up 5.3% from a year earlier. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Housing costs are soaring for two reasons. One, sale prices keep rising; the median home-sale pri...

It's been an interesting start to 2025 to say the least -- far more interesting than the 2% decline in the S&P 500 might suggest. The market has been volatile, and there have been many clear winners and losers of the first quarter.

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Home sales fell by double digits in the Pacific Palisades and Altadena in the wake of January's devastating Los Angeles wildfires, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. In the Palisades (90272), just 12 homes sold in February, down 56% from a year earlier. And in Altadena (91001), 32 homes sol...