The U.S. City With The Highest Rent Growth May Surprise You. Hint: NYC and LA Don’t Crack The Top 5
After a minor slowdown in rent rise in June, the July National Index from Zumper indicated a return to significant price hikes.
Earnings Scheduled For August 4, 2022
Companies Reporting Before The Bell
• Toyota Motor (NYSE:TM) is projected to report earnings for its first quarter.
Where Redfin Stands With Analysts
Redfin (NASDAQ:RDFN) has observed the following analyst ratings within the last quarter:
Truist Securities Maintains Buy on Redfin, Lowers Price Target to $18
Truist Securities analyst Naved Khan maintains Redfin (NASDAQ:RDFN) with a Buy and lowers the price target from $31 to $18.
Redfin Reports Homes Are Taking Longer To Sell
(NASDAQ:RDFN) —The typical home sold during the four weeks ending July 17 spent 19 days on the market, one day longer than last year. That's according to a new report from Redfin (redfin.com), the
Housing Beat: Mortgage Rates Soar Again, Non-QM Rides On, The Best And Worst Rental Markets
The renewed rise in mortgage rates, a major mortgage-backed securities deal featuring non-qualified mortgages and a cooling in rental housing prices dominated this week's housing and mortgage market news.
Keybanc Initiates Coverage On Redfin with Sector Weight Rating
Keybanc analyst Justin Patterson initiates coverage on Redfin (NASDAQ:RDFN) with a Sector Weight rating.
What 6 Analyst Ratings Have To Say About Redfin
Over the past 3 months, 6 analysts have published their opinion on Redfin (NASDAQ:RDFN) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
Housing Beat: Mortgage Rates Fall Again, Home Price Growth Cools, Roe V. Wade Influences Homebuyers
This week in the housing world, mortgage rates declined for the second consecutive week as home price growth slowed, the level of mortgage delinquencies remained low and the Roe v. Wade controversy permeated the homebuying process.
Labor Market Is Tight Yet Layoffs Surge As Tesla, Coinbase, Netflix And Others Cut Staff
The recent unemployment claims numbers confirm the Federal Reserve's assertion that the labor market is tight. However, layoffs are intensifying, particularly in the tech and cryptocurrency sectors.