Redfin Corp

NASDAQ:RDFNUnited States

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• DJ Number of U.S. Homes Changing Hands Hit Lowest Rate in Decades -- Market Talk, from 29 minutes ago by Dow Jones

  29 minutes ago by Dow Jones
  Companies Mentioned: RDFN
  
  0956 ET - Just 25 out of every 1,000 U.S. homes changed hands in the first eight months of 2024, the lowest turnover rate in decades, according to Redfin. There were 37.5% fewer homes sold this year than during the middle of the pandemic buying frenzy in 2021--40 of every 1,000--and 31% fewer homes sold than during the last pre-pandemic year in 2019--36 of every 1,000. Homes are changing hands at historically low rates for a number of interconnected reasons, including elevated mortgage rates; rising prices and low supply; and economic and political uncertainty. The rate of homes being listed for sale also fell in the first eight months, to the lowest level since at least 2012. (chris.wack@wsj.com)
  

• DJ Redfin Is Maintained at Buy by B. Riley Securities, from 1 hour ago by Dow Jones

  1 hour ago by Dow Jones
  Companies Mentioned: RDFN
  
  Ratings actions from Benzinga: https://www.benzinga.com/quote/RDFN/analyst-ratings
  
  (END) Dow Jones Newswires
  
  September 30, 2024 09:11 ET (13:11 GMT)
  

• Redfin Reports Buying a Starter Home Is Now Cheaper Than It Was a Year Ago, from 2 hours ago by Dow Jones

  2 hours ago by Dow Jones
  Companies Mentioned: RDFN
  
  For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. To be added to Redfin's press release distribution list, email press@redfin.com. To view Redfin's press center, click here.
  

• B. Riley Raises Price Target on Redfin to $15 From $13, Keeps Buy Rating, from 2 hours ago by MT Newswires

  2 hours ago by MT Newswires
  Companies Mentioned: RDFN
  07:53 AM EDT, 09/30/2024 (MT Newswires) -- Redfin (RDFN) has an average investment rating of hold among analysts polled by Capital IQ, with price targets ranging from $6 to $15. (MT Newswires covers equity, commodity and economic research from major...

• Just 2.5% of U.S. Homes Changed Hands This Year, The Lowest Rate in Decades, from 4 hours ago by Dow Jones

  4 hours ago by Dow Jones
  Companies Mentioned: RDFN
  
  Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, rentals, lending, title insurance, and renovations services. We run the country's #1 real estate brokerage site. Our customers can save thousands in fees while working with a top agent. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Customers selling a home can have our renovations crew fix it up to sell for top dollar. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we've saved customers more than $1.6 billion in commissions. We serve more than 100 markets across the U.S. and Canada and employ over 4,000 people.