Redfin Reports Supply Climbs 5%, Biggest Increase in Nearly a Year
Redfin Corporation (RDFN)
Last redfin corporation earnings: 2/12 04:01 pm
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investors.redfin.com/investor-relations
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Source: Business Wire
The supply of homes for sale is picking up in time for spring homebuying season, and improving inventory is attracting some buyers SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) —The total number of U.S. homes for sale climbed 5% during the four weeks ending March 17, the biggest year-over-year uptick since May 2023, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. New listings rose 15%, the biggest increase since June 2021.The surge in listings is bringing some buyers back to the market. Mortgage-purchase applications and Redfin’s Homebuyer Demand Index—a measure of requests for tours and other buying services from Redfin agents—are each up roughly 9% month over month.Increasing inventory has yet to dampen price growth. The median U.S. home-sale price is up 5.3% year over year, the second-biggest increase since October 2022, and the median monthly mortgage payment is just $31 shy of its all-time high due to elevated mortgage rates and pri
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News
- 15 Best Places to Retire in Oregon [Yahoo! Finance]Yahoo! Finance
- Redfin Reports Home Prices Stagnate in Florida and Texas as Supply SoarsBusiness Wire
- Redfin Reports Buying a Home Costs More Than Ever, With Prices Hitting All-Time High and Mortgage Rates RisingBusiness Wire
- Redfin to Announce First-Quarter 2024 Results on May 7, 2024Business Wire
- Nearly 40% of Homeowners Couldn’t Afford Their Home If They Were to Buy It TodayBusiness Wire
RDFN
Earnings
- 2/27/24 - Beat
RDFN
Sec Filings
- 4/26/24 - Form 3
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- RDFN's page on the SEC website