Redfin Corporation Stock News

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Just over 41,000 U.S. home-purchase agreements fell through in January, equal to 14.3% of homes that went under contract that month, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That's up from 13.4% a year earlier and is the highest cancellation rate for this time of year since at least 2017. There a...

Redfin Corporation (NASDAQ:RDFN ) Q4 2024 Earnings Conference Call February 27, 2025 4:30 PM ET Corporate Participants Meg Nunnally - Head, IR Glenn Kelman - Chief Executive Officer Chris Nielsen - Chief Financial Officer Conference Call Participants Naved Khan - B. Riley John Campbell - Stephens Dae Lee - JPMorgan Jason Helfstein - Oppenheimer & Co. Ygal Arounian - Citi John Colantuoni - Jeffe...

This story originally appeared on Real Estate News.

Redfin (RDFN -8.83%), a technology-centered real estate brokerage, released its earnings for the fourth quarter of 2024 on Feb. 27, 2025. Significant revenue growth was the highlight, reaching $244.3 million, which outpaced analyst expectations of $242 million, and marked a 12.0% increase compared to the same quarter the previous year.

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The median U.S. home-sale price rose just 3.5% year over year during the four weeks ending February 23, the smallest increase since September. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Mortgage rates have declined to their lowest level in more than two months, dipping from 7.13% to 6.78% in...

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The typical U.S. homebuyer's down payment was equal to 16.3% of the purchase price in December, up from 15% a year earlier, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. In dollar terms, the typical homebuyer's down payment was $63,188. That's up 7.5% from a year earlier, the biggest increase in five ...

Zillow Group and Redfin are long-time competitors.

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The median condo sale price in Inland Florida rose 5.4% year over year on average in January, compared with a 4.8% decrease on Florida's Gulf Coast and a 3% drop on the Atlantic Coast, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Inland Florida's condo prices rose even more than its single-family hom...