20.55 0.00 (0.00%)
After hours: 4:33PM EST
|Bid||20.56 x 1800|
|Ask||20.55 x 1800|
|Day's Range||19.80 - 20.58|
|52 Week Range||13.56 - 23.47|
|Beta (3Y Monthly)||1.38|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 6, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||23.57|
(NASDAQ: RDFN) — Minneapolis, Portland and Chicago are the most bikeable cities in the U.S. for the second year in a row, according to a new ranking from Redfin (www.redfin.com), the technology-powered real estate brokerage.
(NASDAQ: RDFN) — Redfin (www.redfin.com), the technology-powered real estate brokerage, launched its Redfin Direct service in most of its California markets, including Fresno, Inland Empire, Los Angeles, Orange County, Palm Springs, Sacramento, San Diego and Santa Barbara. Redfin Direct helps homebuyers easily visit and buy Redfin-listed homes without needing to contact a buyer's agent. With Redfin Direct, buyers can make their offer more competitive by saving the seller from paying thousands in commissions to a buyer's agent.
Residential real estate company Redfin is out with a list of predictions for the housing market in 2020 — a report that bodes some not-so-good news for those looking to buy a home in the Charlotte area in the coming months.
DALLAS, Nov. 22, 2019 /PRNewswire/ -- (RDFN) — Redfin Mortgage, LLC is now offering loans to homebuyers in Massachusetts, Michigan and Wisconsin. Redfin Mortgage is a subsidiary of Redfin (www.redfin.com), the tech-powered residential real estate company. Redfin Mortgage offers fixed- and adjustable-rate conforming mortgages as well as jumbo loans in 15 states and the District of Columbia.
SEATTLE, Nov. 21, 2019 /PRNewswire/ -- (RDFN) -- More than 90% of millennial homebuyers would choose a single-family home over an equal-priced unit in a triplex with a shorter commute, according to a new report from (www.redfin.com), the tech-powered real estate brokerage. While the nationwide premium has remained flat, the price premium for single-family homes over condos has generally declined since 2013 in expensive metros like San Jose (single-family homes sell for 25% more than comparable condos, down from 31% in 2013) and Los Angeles (19% premium, down from 27%).
A new report from real-estate brokerage Redfin examined the most successful strategies to use when dealing with competing bids for homes. Committing to buy a home without financing more than tripled the likelihood of placing the winning bid. The study was based on an analysis of the outcomes of 9,000 offers that Redfin agents wrote on behalf of home buyers who faced competition for their desired property between January 2018 and September 2019.
Low mortgage rates prop up homebuyer demand as inventory declines SEATTLE , Nov. 19, 2019 /PRNewswire/ -- (NASDAQ: RDFN) — U.S. home-sale prices increased 5.4% year over year in October to a median of ...
SEATTLE, Nov. 14, 2019 /PRNewswire/ -- (RDFN) -- New-home sale prices dropped 1.5 percent year over year to a median of $370,300 in the third quarter, according to a new report from Redfin (www.redfin.com). The price decline for new homes is partly a reflection of builders responding to buyer demand for affordability, which strengthened sales. The surge in sales, along with a nearly 10 percent year-over-year increase in residential building permits—the biggest in two-and-a-half years—signals the beginning of a moderate recovery for the new-home market.
Competition in the Bay Area saw unseasonal uptick despite a smaller than anticipated impact from recent tech IPOs SEATTLE , Nov. 13, 2019 /PRNewswire/ -- (NASDAQ: RDFN) — Nationally, just 10 percent of ...
The latest spike in long-term bond yields may be negative for housing ETFs, but gradual adoption of technology in the space could prove to be a shot in the arm.
SEATTLE, Nov. 7, 2019 /PRNewswire/ -- (RDFN) -- The average sale price for luxury homes nationwide rose 0.3 percent year over year to $1.6 million in the third quarter of 2019, according to a new report from (www.redfin.com). For this analysis, Redfin tracked home sales in more than 1,000 cities across the U.S. (not including New York City) and defines a home as luxury if it's among the 5 percent most expensive homes sold in the quarter. In the other 95 percent of the market, home prices increased 3.6 percent annually to an average of $319,000 in the third quarter.
Redfin (RDFN) delivered earnings and revenue surprises of 75.00% and 3.71%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Redfin Corp. shares rose 5% in the extended session Wednesday after the residential real-estate company reported third-quarter profit and sales above Wall Street expectations. Redfin said it earned $6.8 million, or 7 cents a share, in the quarter, compared with $3.5 million, or 4 cents a share, in the third quarter of 2018. Revenue rose 70% to $239 million from $140 million, the company said. Analysts expected GAAP earnings of 4 cents a share on sales of $230 million. Redfin said it expects fourth-quarter revenue between $211 million and $220 million, and a net loss between $12.8 million and $9.5 million for the quarter. The stock had ended the regular trading day down 1.8%.
SEATTLE , Nov. 6, 2019 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced financial results for the third quarter ended September 30, 2019. All financial measures, unless otherwise noted, ...
Increased home tenure leaves first-time homebuyers with fewer options SEATTLE , Nov. 4, 2019 /PRNewswire/ -- (NASDAQ: RDFN) — The typical American homeowner has spent 13 years in their home, up from eight ...
SEATTLE, Nov. 1, 2019 /PRNewswire/ -- (RDFN) -- Four counties in California top the list of places at risk of losing the most housing value due to destruction from wildfires, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Los Angeles County, home to more than $1.2 trillion worth of homes and one of the regions most susceptible to wildfires in the U.S., stands to lose the most housing value. Next come Orange County ($502.6 billion in total housing value), Santa Clara County ($488.5 billion) and San Diego County ($417.6 billion).
SEATTLE , Oct. 31, 2019 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following investor conferences during the month ...
The Federal Reserve may not be currently forecasting a recession, but sooner or later the U.S. economy’s fortunes will take a turn for the worse. And when that happens, home owners in Rochester, N.Y., can rest easy.
Redfin (RDFN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SEATTLE, Oct. 30, 2019 /PRNewswire/ -- (RDFN) -- Redfin (www.redfin.com), the tech-powered real estate brokerage, announced its launch today in Savannah, Georgia; Chattanooga, Tennessee; and Northern Kentucky. In these markets, people can now buy and sell homes with Redfin's full-service agents and use Redfin's industry-leading website and iOS and Android app to search all the homes for sale. In these new markets, Redfin will sell homes for just a 1.5 percent listing fee.
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts, usually don't make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and small-cap stocks underperformed the […]
SEATTLE , Oct. 23, 2019 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) will release third-quarter 2019 results after the stock market closes on Wednesday, November 6, 2019 . The company will host a ...
SEATTLE, Oct. 22, 2019 /PRNewswire/ -- (RDFN) -- Homebuyers and sellers are nearly twice as likely to support policies designed to keep homes affordable as they are to support policies designed to strengthen home values, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. In general, homebuyers and sellers support policies that help would-be homebuyers struggling to afford a home over policies that benefit existing homeowners or investors and home-flippers. Respondents are nearly twice as likely to support policies designed to keep homes affordable as they were to support policies designed to strengthen home values.