Redfin Corporation (RDFN) News
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RDFN News Highlights
- For RDFN, its 30 day story count is now at 21.
- Over the past 19 days, the trend for RDFN's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
- APRE, CRVS and GIII are the most mentioned tickers in articles about RDFN.
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.
Gainers: APRE +16.9%. GMAB +5.0%. TRUE +4.6%. SDC +4.6%. WFRD +3.1%. Losers: VRCA -24.7%. CRVS -9.4%. GIII -3.7%. ZIXI -3.3%. RDFN -2.7%....
The real estate boom has been one of the most perplexing but if you believe that it can still move forward, here are the stocks to buy.
The real estate market is hot right now with low interest rates driving strong demand and inventory shortages crippling supply. Real estate technology companies have been big beneficiaries of this environment as more consumers are turning to digital platforms to buy and sell homes. The real estate business is historically labor intensive and expensive for both the buyer and the seller, and these companies present new ways to transact far more efficiently.
In this Fool Live video clip, recorded on Sept. 10, Fool.com contributors Matt Frankel, CFP, and Lou Whiteman discuss Matterport's business and growth potential. Matt Frankel: It's called Matterport. Ticker symbol is MTTR, recently went public via SPAC merger because it's 2021, why not?
For nearly 18 months, investors have enjoyed a historic bounce-back rally in the stock market. The following trio of stocks are all down at least 33%, if not more, from their 52-week highs, but can be confidently bought hand over fist by investors. The first winning stock that's been beaten down of late is technology-driven real estate company Redfin (NASDAQ: RDFN).
The internet real estate giant has triple-digit revenue growth and the stock is incredibly cheap right now.
The median sale price for a home in August rose year-over-year by more than double-digit percentages for the 13th-straight month, but sales fell for the first time in 15 months, according to real estate services company Redfin Corp. The median home-sale price was $380,271 in August, down 1.0% from July but up 16.2% from the same period a year ago, with prices increasing in 83 of the 85 largest metro areas tracked by Redfin. The largest price increases were 36% in Austin, Texas and 25% in Phoenix
(NASDAQ: RDFN) — The national median home-sale price rose 16% year over year to $380,271 in August, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. This marks the 13th consecutive month of double-digit price gains but the lowest growth rate since February.
(NASDAQ: RDFN) — Pending sales climbed 7% during the four-week period ending September 12, the smallest year-over-year increase since June 2020, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.