This real estate disruptor has done a great job of turning things around.
California metro regions ranked as the least-affordable areas, while Midwest metros were the most affordable, Redfin said in a new report.
Redfin has nearly doubled in 2023 as the company's efforts to cut costs and refocus the business have paid off. There are some big catalysts that could take Redfin to the next level in 2024 and beyond
The Nasdaq-100 index plunged 33% in 2022 as the Federal Reserve started rapidly increasing interest rates. But most experts believe the Fed is now done, and the index has bounced back ferociously in 2
The very sharp increase in interest rates since March 2022 has caused the number of home sales to plunge. That's because many consumers prefer to stay in their current homes.

Is Redfin Stock a Buy?

08:10am, Thursday, 30'th Nov 2023
The market was pleased with Redfin's latest financial results. But the business is still posting declining sales and net losses.
The stock market is rallying and is close to entering a new bull market. Lemonade's AI models are becoming more accurate, leading to improved loss ratios and profits.
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The housing market can't get much worse from here, according to Redfin CEO Glenn Kelman. High mortgage rates and high prices have crushed affordability for buyers.

Why Redfin Stock Rocketed 30% Higher This Week

05:53pm, Friday, 17'th Nov 2023
The economic news this week featured falling U.S. inflation and lower mortgage rates. Redfin is reporting an increase in mortgage applications.
Mortgage rates have soared north of 7% in recent months, driven higher by the Federal Reserve's war on inflation. Loans are so expensive that many poorer Americans have been priced out of the housing
Upstart, Redfin, and Truist have all been stymied by rising rates, which has slowed demand for housing and consumer loans and made lending more difficult. The latest data suggests that inflation is co

Redfin's Opportunity?

07:00am, Saturday, 11'th Nov 2023
Plus a look at three lessons from WeWork's bankruptcy filing.
Addressing the much discussed but controversial topic of housing stocks to sell, it's important to stick with the facts. While promoting a doom-and-gloom narrative for its own sake doesn't offer much

Why Redfin Stock Lost 34% in October

05:07pm, Tuesday, 07'th Nov 2023
Mortgage rates continued to rise, and existing home sales fell again last month. The stock fell on a $1.8 billion verdict against the National Association of Realtors.
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