Housing Prices Hit New All-Time Highs But Could Hit A Wall Soon, Despite Lower Mortgage Rates
U.S. housing prices just hit a new record high, with a median price of nearly $400,000, but price growth may stall out according to real estate company Redfin Corp (NASDAQ:RDFN). In a recent note,
Real Estate Investors Target Record Share of Homes in These Five Budget-Friendly Cities — What Makes Them Budget-Friendly?
As high interest rates sideline many average homebuyers, real estate investors are stepping in to claim a record share of home purchases, particularly in affordable Midwest and Southern cities.
Falling Mortgage Rates, Rising Supply Create Opportunity for Homebuyers This Summer, Even Amid Record-High Prices
Homebuyers on a $3,000 monthly budget have gained over $20,000 in purchasing power since mortgage rates peaked in the spring (NASDAQ:RDFN) — A homebuyer on a $3,000 monthly budget can afford a $447,750 home with a
Strong Week for Redfin (NASDAQ:RDFN) Shareholders Doesn't Alleviate Pain of Three-year Loss
It's nice to see the Redfin Corporation (NASDAQ:RDFN) share price up 18% in a week. But the last three years have seen a terrible decline. Indeed, the share price is down a whopping 87% in the
Home-Sale Prices Reach All-Time Highs as Annual Gains Accelerate, Redfin Says
US home prices set a fresh record high for the ninth consecutive week as the annual pace of growth accelerated during the four weeks ended July 7, Redfin (RDFN) said in a Thursday report.The median
Home Relentlessly Climb to New Heights Despite Elevated Mortgage Rates: Redfin
Redfin Reports Median U.S. Home Sale Price Hits All-Time High Of $397,482, Up 4.7% Year Over Year; Biggest Increase In Over Four Months; Price Growth May Slow As Homes Sell Below List Price, Inventory Rises, And Listings Grow Stale
Redfin Reports Median U.S. Home Sale Price Hits All-Time High Of $397,482, Up 4.7% Year Over Year; Biggest Increase In Over Four Months; Price Growth May Slow As Homes Sell Below List Price,
Redfin Reports Home-Sale Prices Hit a Record High For the 9th Straight Week
Younger Generations Are Owning Homes at Increased Rate Despite Financial Concerns
Although younger Americans express concerns about the financial challenges associated with owning a home, that hasn't stopped them from becoming homeowners at an increased rate compared to older generations.
June Apartment Rents Notch Largest Annual Increase in More Than a Year, Redfin Says
US apartment rents grew in June at the fastest year-over-year pace in more than a year amid strong demand, according to a Wednesday report by Redfin (RDFN).Rents climbed 0.7% on an annual basis last
Redfin Reports Rent Prices Are Dropping Across Florida's Most Populous Metros
Asking rents fell a record 12% year over year in Jacksonville last month, and also declined in Tampa, Orlando and Miami. Austin, TX posted a record drop, too.SEATTLE--(BUSINESS WIRE)--#housingmarket--
Redfin (RDFN) Upgraded to Buy: Here's What You Should Know
Redfin Reports Permits to Build U.S. Apartments Have Dropped Nearly 30% Since the Pandemic
Cape Coral, FL—at risk from natural disasters—is permitting more multifamily housing than anywhere else in the U.S. Austin ranks second, but has seen a significant slowdown in permits (NASDAQ:RDFN) —Builders obtained
Redfin (NASDAQ: RDFN): A Real Estate Opportunity Within Rough Waters
The real estate industry is in rough waters, with high interest rates, tight housing supply, and the fallout from the recent NAR lawsuit causing turbulence and turning the industry upside down. However, amidst this chaos, Redfin (NASDAQ:RDFN), a prominent player in residential real estate brokerage, presents an intriguing contrarian investment opportunity.
June Pending Home Sales Drop as Median Prices Rise 5% -- Market Talk
1246 ET - June pending home sales posted their biggest decline since February, Redfin says. The median sale price rose 5% from a year ago, hitting an all-time high. New listings jumped 10%. The daily
US June Home Prices Rise 4.9% to Record, Redfin Says; Pending Sales Drop 4.6%
US home prices in the four weeks ended Sunday rose 4.9% to a record, Redfin (RDFN) said Wednesday in a report. The median sale price climbed to $397,954, Redfin said. The percentage increase from a ye
Express News | Redfin Reports U.S. Home Prices Hit New All-Time High, Pushing Pending Sales Down 5%
Express News | DA Davidson Maintains Neutral on Redfin, Maintains $7.25 Price Target
Redfin Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/03/2024 24.78% DA Davidson $7.25 → $7.25 Maintains Neutral 05/16/2024 — Needham Reiterates → Hold 05/1
D.A. Davidson Maintains Redfin(RDFN.US) With Hold Rating, Announces Target Price $7.25
D.A. Davidson analyst Tom White maintains $Redfin(RDFN.US)$ with a hold rating, and sets the target price at $7.25.According to TipRanks data, the analyst has a success rate of 45.3% and a total avera