19.42 0.00 (0.00%)
After hours: 5:36PM EDT
|Bid||19.10 x 1300|
|Ask||20.52 x 900|
|Day's Range||19.33 - 20.14|
|52 Week Range||13.50 - 26.01|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||19.90|
A new class-action lawsuit takes aim at real estate agents and the tools they use to do business, and housing industry watchers say it could revolutionize the way Americans buy and sell the biggest asset they’ll ever own.
Taking its relationship with Redfin's partner program a step ahead, RE/MAX Holdings' (RMAX) agents will now receive customer referrals at nearly 5,000 U.S. postal codes.
DENVER and SEATTLE, March 18, 2019 /PRNewswire/ -- RE/MAX Holdings, Inc. (RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, today announced a strategic alliance with Redfin (RDFN), the technology-powered real estate brokerage. The alliance formalizes and expands a long-standing relationship between Redfin and RE/MAX agents via the Redfin Partner Program. In areas where Redfin does not have capacity to serve customers, Redfin refers customers to approved Partner Agents at other brokerages, including participating RE/MAX agents.
Prices fell more than 8% in San Francisco and San Jose Newark, Milwaukee and Buffalo saw prices rise more than 10% SEATTLE , March 14, 2019 /PRNewswire/ -- (NASDAQ: RDFN) -- U.S. home-sale prices increased ...
Pools are worth the most in Los Angeles, where they add nearly $100,000 to a typical home's value In Boston, homes with pools sell for about $15,000 less than homes without them SEATTLE , March 12, 2019 ...
New York; Union City, NJ; and San Francisco Claim Top Three Spots, According to Redfin's Latest Transit ScoreⓇ Update SEATTLE , March 11, 2019 /PRNewswire/ -- (NASDAQ: RDFN) -- New York ; Union City, NJ ...
HUNTSVILLE, Ala., March 6, 2019 /PRNewswire/ -- (RDFN) -- Redfin (www.redfin.com), the tech-powered real estate brokerage, announced today that people can now buy and sell homes with Redfin agents in Huntsville, Alabama. With a mission to redefine real estate in the consumer's favor, Redfin combines technology with personal service from local Redfin agents to provide a full-service experience at lower fee. Huntsville homebuyers can now use Redfin's industry-leading website and iOS and Android app to search all the agent-listed homes for sale, receive instant updates on their smartphone the moment a new home hits the market and book a home tour with a Redfin agent with the click of a button.
Three southern metros--Louisville, Charlotte and Nashville--experienced the largest rise in low-income homeownership from 2012 to 2017 SEATTLE , March 5, 2019 /PRNewswire/ -- (NASDAQ: RDFN) -- Minneapolis ...
Real-estate listing photos have always accentuated the positive, but computer-generated imagery of the sort Hollywood uses has now become so cheap and prolific that home sellers are taking out walls, removing ugly paneling and even adding digital swimming pools. Uncredited BoxBrownie.com is one of several firms that edit and augment property listing photos for home sellers. Its services range from removing clutter and adding virtual furniture to full-blown digital renovations. The technology allows sellers to green browned lawns, stage rooms with virtual furniture like digital dollhouses and even perform full-blown HGTV-style makeovers with clicks of a mouse.
SEATTLE, Feb. 27, 2019 /PRNewswire/ -- (RDFN) — The market cooldown may already be over in Seattle, San Jose and Boston, according to a report from Redfin, (www.redfin.com), the next-generation real estate brokerage. Closed sales are still falling year over year in each city, but the early indicator of pending sales suggests that turning point for closed sales is likely on the near horizon.
Home Depot (NYSE:HD) isn't headed into its Tuesday morning earnings report on the firmest of footings. Although HD stock is now up nearly 20% from its late-December low -- regaining roughly half of what was lost during the fourth quarter of last year -- a slowdown in U.S. home purchases and a projected slowdown in remodeling spending both continue chip away at the recent bullish sentiment surrounding the stock.Source: Shutterstock It's possible that slowdown is only temporary, setting the stage for a solid 2019 regardless of how the home improvement retailer fared last quarter.Even so, oddly high expectations for the recently completed quarter could readily upend Home Depot stock before home purchase and redecorating spending growth are decidedly rekindled.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Home Depot Earnings PreviewBlame the government shutdown, mostly, along with the weather, higher interest rates, tariffs and a relatively (compared to 2017) tame hurricane season. For that matter, blame the calendar too. Like its rival Lowe's Companies (NYSE:LOW), Home Depot's quarter ended in late January, meaning it suffered the entirety of the record-breaking government shutdown in one single quarter.All of these are factors that impact the industry's top and bottom line to be sure. And, some analysts believe that's what happened. * 7 Cheap Stocks That Make the Grade "Home Depot and Lowe's face tough year-over-year comparisons in Q4 that included hurricane-related sales and a strong year ago December that was negatively impacted by weather in 2018," explained Wells Fargo in front of the fourth quarter print adding "January (which is a smaller month) could also see impacts from the lengthy government shutdown (and associated lower consumer confidence), and less favorable weather that may have resulted in traffic/sales shifting to Q1."And yet, the analyst community hasn't exactly dialed back its collective outlook. As of the most recent look, the pros are calling for revenue growth of 11.3% to push its top line up to $26.6 billion, driving per-share profits up from a year-ago figure of $1.69 to $2.16 per share of HD stock for the recently-completed quarter.Same-store sales should be up on the order of 5%, in line with the past couple of quarters.Perhaps factors like the weather and the government shutdown aren't as hard-hitting as presumed. Indeed, despite demonstrable headwinds, Stifel believes "There was some softness in late 2018 with the stock market decline, higher rates, tariff talks," but still acknowledges "overall demand appears intact" for Home Depot's goods. Rebound in the Works?The mixed, confusing message isn't a new one.Even before the government shutdown stopped official reports of new home sale activity from being posted, their growth pace was slowing, and by some measures shrinking. The slowdown has persisted too. In January of this year, according to data from Redfin (NASDAQ:RDFN), sales of new houses fell 8% year-over-year. Sales of existing homes, which isn't published by the federal government and continued to be tracked through the shutdown, fell 1.2% last month to also extend a period of lethargic interest.Housing starts are also leveling off, suggesting waning demand, and crimping supply even if demand had remained firm.The flipside: A recent report jointly pieced together by Wells Fargo and L.E.K. Consulting suggested "Concerns of a 2019 downturn in housing screen as overblown, with housing starts likely to show steady growth in the intermediate term." The Joint Center of Housing Studies at Harvard University also recently opined that remodeling spending would grow to the tune of 5.1% in 2019.As for the potential impact of higher interest rates, JPMorgan analyst Christopher Horvers recently penned "Given the importance of rates to housing, this policy change [less hawkishness, more dovishness] certainly cannot be dismissed. Indeed, mortgage rates are 50 basis points off highs, which could lead to housing turnover and pricing better than previously feared and let the category grow longer."Another noteworthy development that bodes well for HD stock is January's stunning 25% increase in lumber prices, largely erasing last year's tumble.On balance, the data points to a turnaround. The brewing turnaround, however, will do little to help Home Depot's pressured fourth quarter. Investors, however, will likely struggle to rectify all the disparate ideas. Looking Ahead for HD StockIt's possible, and even likely, that investors have already conceded Home Depot's fourth quarter numbers are a coin toss at best, and will be a relative disappointment at worst. They've been buying HD stock anyway, looking at what lies ahead for the full year.To that end, analysts are calling for full-year sales of $108.4 billion, up 7.4% from 2018's projected sales, and per-share profits of $9.80, up from 2018's anticipated $7.46. Tuesday's full-year report should also be accompanied by its first 2019 outlook.Guidance that comes up short of current estimates could do more damage to the recent rally from HD stock than missing Q4 estimates might.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Monthly Dividend Stocks to Buy to Pay the Bills * 9 High-Growth Stocks to Buy Now for Monster Returns * 7 Healthy Dividend Stocks to Buy for Extra Stability Compare Brokers The post Investors Facing Mixed Message in Front of Home Depot's Q4 Report appeared first on InvestorPlace.
Details the CEO buys this past week for the following companies: Summit Materials, Redfin, Luther Burbank, FS KKR Capital Corp and Brookdale Senior Living
Grand Rapids, Michigan and Omaha, Nebraska were home to the country's fastest housing markets in January, according to a new report from Redfin (www.redfin.com), the next-generation real estate brokerage. Buffalo and Grand Rapids were the fastest markets, with the typical home that sold in January on the market for 28 days before going under contract in each metro area. Compared to last year, homes in Buffalo sold seven days faster and and those in Grand Rapids sold two days slower.
SEATTLE, Feb. 25, 2019 /PRNewswire/ -- (RDFN) — Today, Redfin (www.redfin.com), the next-generation real estate brokerage, extended its 1 percent listing fee to home sellers in Philadelphia, Delaware, South Florida and Wisconsin who also buy a home with Redfin. Customers save even more when they buy with Redfin. Redfin refunds an average of $1,700 back to the buyer at closing.
Zillow Group Inc., saying that “Uberized” consumers also want to instantly buy and sell homes with a click of a button on their phones, is making an even bigger bet on real estate buying, with projections that carry a lot of risk.
New-home sales fell year over year in all four major U.S. regions SEATTLE , Feb. 22, 2019 /PRNewswire/ -- (NASDAQ: RDFN) — Sales of new single-family homes fell 8 percent year over year in January , fifth ...
President and CEO of Redfin Corp (NASDAQ:RDFN) Glenn Kelman bought 25,532 shares of RDFN on 02/19/2019 at an average price of $19.56 a share.
In select markets, Zillow (NASDAQ:Z) will buy your house for cash, make its own changes and resell. Warning! GuruFocus has detected 2 Warning Sign with Z. Click here to check it out. The article went on to show multiple examples of how Zillow's algorithm cannot beat the market and in many cases loses money on the resale side.
NEW YORK, Feb. 21, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.
SEATTLE, Feb. 19, 2019 /PRNewswire/ -- (RDFN) — The housing market started off 2019 with buyers in a much better position than they were a year earlier, according to a report from Redfin, (www.redfin.com), the next-generation real estate brokerage. The supply of homes for sale is increasing faster than it has in nearly four years," said Redfin chief economist Daryl Fairweather. "December was a rough month for home sales, but homeowners appear to be undeterred in the new year as more are listing their homes for sale.
Redfin Corp (NASDAQ: RDFN ) reported solid fourth-quarter results Thursday and mixed Q1 guidance. RBC Capital Markets raised its 2019 estimates have been raised based on the real estate company 's comments ...