Redfin Corp Stock News

Wall Street analysts expect Redfin Co. (NASDAQ:RDFN) to post sales of $598.48 million for the current quarter, Zacks Investment Research reports. Eight analysts have issued estimates for Redfins earnings. The highest sales estimate is $605.64 million and the lowest is $594.70 million. Redfin posted sales of $244.52 million during the same quarter last year, which []

Orion Capital Management LLC increased its stake in Redfin Co. (NASDAQ:RDFN) by 70.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 850 shares of the companys stock after acquiring an additional 350 shares during the period. Orion Capital []

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SEATTLE , Dec. 8, 2021 /PRNewswire/ -- (NASDAQ: RDFN ) The median home sale price rose to a record high, while the number of homes for sale fell to an all-time low, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage. There are some signs that homebuying may be returning to a more typical seasonal trend as the share of homes sold in one week fell after Thanksgiving more than it has since early September. Pending home sales fell to their lowest level since February. "Homebuying demand seems to be returning to a slowdown trend that we''d typically expect to see in the last few weeks of the year," said Redfin Chief Economist Daryl Fairweather . "The latest research on the Omicron variant seems to be easing consumers'' worst fears, but a lot of uncertainty remains in the economyfrom inflation, jobs and wages to how the Fed reacts to those factors. Amid all that economic uncertainty, the notion that home prices will continue to grow in the nearterm feels relatively certain." Key housing market takeaways for 400+ U.S. metro areas: Unless otherwise noted, this

The company exceeded revenue estimates with its latest earnings release, but Wall Street was not happy with the results.

Wells Fargo & Company MN trimmed its position in Redfin Co. (NASDAQ:RDFN) by 22.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 156,120 shares of the companys stock after selling 46,298 shares during the quarter. Wells Fargo & []

Here's an overview on what this new real estate business is.

SEATTLE, Nov. 29, 2021 /PRNewswire/ -- (NASDAQ: RDFN) Nationwide, 29.5% of Redfin.com users looked to move to a different metropolitan area in October, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That''s down from a peak of 31.5% at

Here's an overview on what this new real estate business is.

Equities analysts forecast that Redfin Co. (NASDAQ:RDFN) will post earnings of ($0.30) per share for the current quarter, according to Zacks Investment Research. Eight analysts have issued estimates for Redfins earnings. The highest EPS estimate is ($0.13) and the lowest is ($0.33). Redfin reported earnings of $0.11 per share during the same quarter last year, []

Analysts expect Redfin Co. (NASDAQ:RDFN) to post ($0.30) earnings per share (EPS) for the current quarter, Zacks reports. Eight analysts have issued estimates for Redfins earnings. The lowest EPS estimate is ($0.33) and the highest is ($0.13). Redfin posted earnings per share of $0.11 during the same quarter last year, which suggests a negative year []

In Miami, West Palm Beach and Fort Lauderdale, rents jumped 36% in October from a year earlier, while the New York City metro area -- including Westchester County and parts of northern New Jersey -- posted a 31% gain, according to a report by Redfin Corp.

Redfin Co. (NASDAQ:RDFN) Director Robert J. Mylod, Jr. sold 2,750 shares of the stock in a transaction dated Monday, November 22nd. The stock was sold at an average price of $43.38, for a total value of $119,295.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through […]

SEATTLE , Nov. 24, 2021 /PRNewswire/ -- (NASDAQ: RDFN ) Home prices hit a new all-time high of $359,975 in the four-week period ending November 21 , according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage. This was up 14% year over year, the largest increase since early September. Prices have risen in the past month nearly four times faster than they did at the same time last year. The unseasonable surge in home prices appears to be drawing in more sellers, as the number of homes listed for sale was down less than 3% from 2020, and up 11% from 2019. "Rising rents and rising prices on everything from gas to groceries may be motivating more people to buy homes now," said Redfin Chief Economist Daryl Fairweather . "Buying a home is a type of hedge against inflation, especially with mortgage rates still near historic lows. If high inflation persists, a large home mortgage could seem a lot less expensive in just a few years." Key housing market takeaways for 400+ U.S. metro areas: Unless otherwise noted, this data covers the four-week period ending November 21 .

SEATTLE , Nov. 23, 2021 /PRNewswire/ -- (NASDAQ: RDFN ) Average monthly rents increased 13% nationwide over the past year, the highest growth rate in at least two years, according to a new report from Redfin ( www.redfin.com ), the technology-powered real estate brokerage. The national median monthly mortgage payment for homebuyers posted even bigger growth, climbing 17% since October 2020 . The 3.2% month-over-month increase in mortgage payments for homebuyers was the largest since April, and more than double the increase during the same period in 2019. Growth rates for mortgage payments and rents had been converging, but an uptick in mortgage rates and home prices caused mortgage-payment growth to accelerate from September to October. The 0.4% month-over-month increase in rents was the smallest in eight months, which could just be a seasonal slowdown or may Full story available on Benzinga.com