Redfin Corporation (RDFN) News

Redfin Corporation (RDFN)

Today's Latest Price: $30.05 USD

0.31 (1.04%)

Updated May 27 4:00pm

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Ranked of 40 in Real Estate Services

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Latest RDFN News From Around the Web

Below are the latest news stories about Redfin Corp that investors may wish to consider to help them evaluate RDFN as an investment opportunity.

Redfin CEO: Vacation real-estate markets are ‘toast’ because of the pandemic as Airbnb owners rush to offload their homes

As the company reopens its iBuying division, Redfin CEO Glenn Kelman sees opportunity for iBuyers in beach towns.

Yahoo | May 18, 2020

April Homebuyer Demand Outpaced Home Supply Mid-Pandemic

(NASDAQ: RDFN) — The effects of the coronavirus pandemic and subsequent shutdowns hit the housing market in full force in April—according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage—with sales and listings both turning in historic declines from year-ago levels. In the past two months, the housing market has seen the fastest slowdown on record as it flipped from one of the strongest markets ever at the end of February to a near standstill in April.

Yahoo | May 18, 2020

Remote Work Policies Likely To Propel Post-Pandemic Migration From Expensive Cities

(NASDAQ: RDFN) — The sudden shift to remote work, brought on by the coronavirus shutdowns will likely accelerate a major migration away from expensive coastal cities. According to a new survey of homebuyers and sellers featured in Redfin's latest report, 1 in 4 newly remote workers expect to continue to work remotely once shutdowns end, and over half of respondents would move if they never had to go into an office.

Yahoo | May 15, 2020

House Hunters' Hunger for Small Towns Continues to Soar, Even as Interest in Big Cities Begins to Recover

(NASDAQ: RDFN) — Pageviews of homes in small towns surged 105% year over year during the seven-day period ending May 1, an acceleration from the 85% gain that occurred during the week ending April 1, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. In rural counties with fewer than 10,000 people, views climbed 76%, a sizable increase from the prior year but a deceleration from the 170% rise a month before.

Yahoo | May 14, 2020

Redfin Reports Rebounding Home Sales, but Buying Activity Is Rapidly Changing Due to COVID-19

The financial repercussions are only just beginning to be felt, as are the changes in long-term consumer and business activity. Such has been the case at small technology-driven real estate broker Redfin (NASDAQ: RDFN). Surprisingly, the rally in activity on its real estate platform since then has been just as dramatic.

Yahoo | May 14, 2020

Redfin to Present at 15th Annual Needham Virtual Technology & Media Conference

SEATTLE , May 12, 2020 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN ) today announced that Chief Financial Officer Chris Nielsen will present at the following investor conference: … Full story available on Benzinga.com

Benzinga | May 12, 2020

Redfin First-Quarter 2020 Revenue up 73% Year-over-Year to $191 Million

SEATTLE, May 7, 2020 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced financial results for the first quarter ended March 31, 2020. All financial measures, unless otherwise noted, are presented on a GAAP basis and include stock-based compensation as well as depreciation…

PR Newswire | May 7, 2020

Redfin (RDFN) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Redfin (RDFN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks Investment Research | April 30, 2020

Redfin Launches Self-Tour Feature for Vacant Home Listings

SEATTLE , April 23, 2020 /PRNewswire/ -- (NASDAQ: RDFN ) — Redfin ( www.redfin.com ), the technology-powered real estate brokerage, announced it launched Direct Access, a program that lets prospective buyers self-tour vacant Redfin listings on their own schedule, without an agent. Prospective buyers can now use the Redfin app to unlock doors and tour these homes, potentially generating more foot traffic and more interest for Redfin's home-selling customers. Launched on March 27 , Direct Access is now available to Redfin customers selling vacant homes in Austin , Dallas , Houston , Inland Empire, Las Vegas , Los Angeles , Orange County , Palm Springs , San Antonio , San Diego , Santa Barbara and Ventura County . The company plans to bring this option to additional markets, beginning with...

Benzinga | April 23, 2020

Home-buying Demand Strengthens Despite Stricter Lending Standards, Inventory Shortage Looms

SEATTLE, April 23, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — Home-buying demand shook off more than 5 million new claims for unemployment assistance and continued to strengthen this week, according to Redfin's latest weekly report. Redfin is introducing a new measure for home-buying demand to…

PR Newswire | April 23, 2020



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