Redfin Corp

NASDAQ:RDFNUnited States

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• Redfin Reports Housing Payments Post Biggest -2-, from 10:57PM ET on Thursday Sep 19, 2024 by Dow Jones

  10:57PM ET on Thursday Sep 19, 2024 by Dow Jones
  Companies Mentioned: RDFN
  Metro-level highlights: Four weeks ending Sept. 15, 2024 Redfin's metro-level data includes the 50 most populous U.S. metros. Select metros may be excluded from time to time to ensure data accuracy. ------------------------------------------------------------------------------ Metros with Metros with Notes biggest biggest year-over-year year-over-year increases decreases ------------------ ------------------ ------------------ ------------------ Median sale price Newark, NJ Austin, TX Declined in 9 (11.8%) Milwaukee (-4.8%) Oakland, metros (10.2%) CA (-3.1%) San Providence, RI Antonio(-2.5%) (10.1%) Nassau Dallas (-2.3%) County, NY (8.7%) Tampa, FL Warren, MI (-1.5%) (7.9%) ------------------ ------------------ ------------------ ------------------ Pending sales San Antonio West Palm Beach, Increased in 15 (7.6%) San Jose, FL (-20%) Miami metros CA (6.7%) Phoenix (-19.2%) New (5.9%) San Diego Brunswick, NJ (4.2%) Cleveland (-14.9%) Fort (3.6%) Lauderdale, FL (-14.7%) Atlanta (-14.2%) ------------------ ------------------ ------------------ ------------------ New listings Las Vegas (18.3%) San Antonio Declined in 12 Phoenix (18.2%) (-20.7%) Atlanta metros San Jose, CA (-16%) Austin, TX (17.1%) New York (-11.5%) San (14.9%) Anaheim, Francisco (-8.7%) CA (14.4%) Chicago (-4.7%) ------------------ ------------------ ------------------ ------------------
  

• DJ Housing Payments See Largest Drop In 4 Years -- Market Talk, from 10:44AM ET on Thursday Sep 19, 2024 by Dow Jones

  10:44AM ET on Thursday Sep 19, 2024 by Dow Jones
  Companies Mentioned: RDFN
  
  1044 ET - The median U.S. housing payment was $2,534 during the four weeks ending Sept. 15, Redfin says, down 2.7% from a year earlier--the biggest decline since May 2020. Monthly payments are falling because mortgage rates dropped to their lowest level in 20 months in the lead-up to the Fed's first interest-rate cut since 2020. Mortgage applications are rising, but pending sales have yet to improve. Mortgage-purchase applications are up 5% week over week, with some buyers jumping off the sidelines as mortgage rates fall. But many would-be buyers are still holding off, with pending home sales down 6.9% year over year. That's despite both lower housing payments and more homes to choose from. New listings are up 5.1% year over year, and the total number of homes for sale is up 16.1%.(chris.wack@wsj.com)
  

• Redfin Reports the Typical Swing State Renter Earns 17% Less Than Needed to Afford a Typical Apartment--An Improvement From the Last Presidential Election, from 8:30AM ET on Thursday Sep 19, 2024 by Dow Jones

  8:30AM ET on Thursday Sep 19, 2024 by Dow Jones
  Companies Mentioned: RDFN
  
  During the last election cycle, the typical swing state renter household earned 21% less than they needed to afford the median priced apartment
  SEATTLE--(BUSINESS WIRE)--September 19, 2024--
  

• Redfin Reports Housing Payments Post Biggest Decline in 4 Years Ahead of Fed's Historic Rate Cut, Which Could Lure Buyers Off the Sidelines, from 8:00AM ET on Thursday Sep 19, 2024 by Dow Jones

  8:00AM ET on Thursday Sep 19, 2024 by Dow Jones
  Companies Mentioned: RDFN
  ------------------------------------------------------------------------------ Metros with Metros with Notes biggest biggest year-over-year year-over-year increases decreases ------------------ ------------------ ------------------ ------------------ Median sale price Newark, NJ Austin, TX Declined in 9 (11.8%) Milwaukee (-4.8%) Oakland, metros (10.2%) CA (-3.1%) San Providence, RI Antonio(-2.5%) (10.1%) Nassau Dallas (-2.3%) County, NY (8.7%) Tampa, FL Warren, MI (-1.5%) (7.9%) ------------------ ------------------ ------------------ ------------------ Pending sales San Antonio West Palm Beach, Increased in 15 (7.6%) San Jose, FL (-20%) Miami metros CA (6.7%) Phoenix (-19.2%) New (5.9%) San Diego Brunswick, NJ (4.2%) Cleveland (-14.9%) Fort (3.6%) Lauderdale, FL (-14.7%) Atlanta (-14.2%) ------------------ ------------------ ------------------ ------------------ New listings Las Vegas (18.3%) San Antonio Declined in 12 Phoenix (18.2%) (-20.7%) Atlanta metros San Jose, CA (-16%) Austin, TX (17.1%) New York (-11.5%) San (14.9%) Anaheim, Francisco (-8.7%) CA (14.4%) Chicago (-4.7%) ------------------ ------------------ ------------------ ------------------