Redfin has been one of the market's best performers recently, with shares up by more than 50% in a week. The real estate disruptor's management has made the most of a terrible market environment.
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — Pending sales of starter homes climbed 10.2% year over year in July to the highest level since October 2022, according to a new report fro
Falling interest rates and the AI boom could drive a pair of stocks higher. Redfin should capitalize on the upcoming housing market recovery.

Why Redfin Stock Spiked Today

11:28am, Friday, 23'rd Aug 2024
Fed Chair Jerome Powell made the case for lowering interest rates at a speech this morning. Real estate stocks like Redfin are likely to benefit from lower rates.
Redfin laid off employees on Wednesday, GeekWire has learned.
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The median U.S. monthly mortgage payment was $2,587 during the four weeks ending August 18, its lowest level since February and down 0.1% from a year earli

2 Stocks Attracting Unusual Options Activity

02:27pm, Tuesday, 20'th Aug 2024
Kohls Corp (NYSE:KSS) and Redfin Corp (NASDAQ:RDFN) are both seeing unusual options activity today.
Shares of Redfin (RDFN) are moving higher on Monday afternoon as new rules over how real estate agents get paid go into effect, paired alongside new home sales data that was recently reported. Market
Lower rates could kick-start the slow real estate market, boosting companies like Redfin. With a deposit base that has grown rapidly, SoFi could be a big winner of lower funding costs.
Redfin Corporation (NASDAQ: RDFN) stock has gone through a rough patch in the past few years as concerns about the real estate industry have continued. It has dropped from a high of $98.22 in 2021 to
Redfin's real estate businesses have struggled since 2022 because of rising interest rates. The company continues to deliver modest growth because it's taking market share in its brokering segment.
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Two swing states—Arizona and Nevada—have not turned blue since the last presidential election, despite an influx of people moving in from California, a
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The typical buyer's housing payment was $2,588 during the four weeks ending August 11, nearly $250 below April's all-time high and up just 1% year over yea
He really said that: When asked about the company's “Plan B” if mortgage rates don't fall, Redfin CEO Glenn Kelman responded, “Plan B is to drink our own urine or our competitors' blood, stay in

Redfin: Trapped In Bad Conditions

04:58pm, Wednesday, 07'th Aug 2024
Shares of Redfin continued to decline after posting disappointing Q2 results. The company expects its real estate division to see revenue shrink in the single digits in Q3. New rules for the U.S. real
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