One-Third Of Pending Home Sales Go Under Contract Within A Week: Report
One-third of pending home sales in the U.S. went under a contract within a week of being listed, according to new data from the brokerage Redfin Corp (NASDAQ: RDFN).
Home Sales Down 6%, First Decline In 15 Months
Seasonally-adjusted home sales were down 6% year-over-year in August, according to new data released by Redfin Corp (NASDAQ: RDFN), marking the first annual decline in home sales since May 2020. Home sales were also down 1.4% from July.
Why Remote Work Will Continue To Shape The Post-Pandemic Housing Market
The COVID-19 pandemic era’s shift to remote work will continue to shape the housing market after the health crisis has faded, according to a new survey from Zillow Group Inc. (NASDAQ: Z).
Mortgage Payments For New Homebuyers Increasing 67% Faster Than Rents: Report
Although mortgage interest rates remain a near-record lows, the national median monthly mortgage payment for homebuyers in August grew 67% faster than rental housing payments, according to a new data analysis from Redfin Corp (NASDAQ:
PreMarket Prep Stock Of The Day: Affirm
Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session.
Return on Capital Employed Overview: Redfin
After pulling data from Benzinga Pro it seems like during Q2, Redfin (NASDAQ:RDFN) posted sales of $471.31 million. Earnings were up 12.16%, but Redfin still reported an overall loss of $30.32 million.
Median Home Price Up 16% From Last Year: How Does That Affect The Real Estate Market?
The U.S. median home sale price has reached $361,225, a 16% year-over-year increase, according to new data from Redfin Corp (NASDAQ: RDFN).
Where Redfin Stands With Analysts
Redfin (NASDAQ:RDFN) has observed the following analyst ratings within the last quarter:
Last 30 Days
1 Month Ago
2 Months Ago
Analyzing Redfin’s Unusual Options Activity
Redfin (NASDAQ:RDFN) shares experienced unusual options activity on Friday. The stock price moved down to $54.84 following the option alert.