|Bid||12.76 x 1800|
|Ask||12.76 x 3000|
|Day's Range||11.96 - 12.81|
|52 Week Range||7.13 - 55.87|
|Beta (5Y Monthly)||1.98|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 22, 2022 - Feb 28, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||13.18|
Yahoo Finance reporter Ronda Lee details a new report finding that homebuying bidding wars are cooling down yet again amid higher mortgage rates.
As mortgage rates hover around 5%, homebuyers seeking affordability are looking at Miami, Sacramento — and Maine.
SEATTLE, August 12, 2022--(NASDAQ: RDFN) —Nationwide, 44.3% of home offers written by Redfin agents faced competition on a seasonally adjusted basis in July, compared with a revised rate of 50.9% one month earlier and 63.8% one year earlier, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s the sixth-straight monthly decline and the lowest share on record with the exception of April 2020, when the onset of the coronavirus brought the housing