Business Wire

Redfin Reports Housing Supply Hits Highest Level Since 2020, But Demand Falls to Lowest Level Since 2020

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Homebuyers have the most options since 2020, but few are biting because rising housing costs have made monthly payments tough to swallow. That is according ...
Business Wire

Redfin Reports Buying a Home Just Got More Affordable for the First Time Since 2020

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — U.S. homebuyers need to earn an annual income of $115,454 to afford the median priced home ($433,101), according to a new report from Redfin (redfin.com), ...
The Washington Post

Redfin: Two-thirds of home buyers in 2020 made offer sight unseen

When most of the country began shutting down in March 2020 in an effort to slow the spread of the coronavirus, real estate agents immediately needed to up their virtual game. Without the ability to ...
The Motley Fool

Redfin and Zillow Are Both Evolving, But in Surprisingly Similar Ways

Two businesses that started out very differently could end up looking more and more similar over time. One of the surprising things that's happening is how these two businesses are evolving and appear ...
GeekWire

Real estate giant Redfin beats Q2 estimates with $214M in revenue; CEO says ‘we’re inside a tornado’

Seattle-based real estate company Redfin topped Wall Street estimates for its second quarter earnings, reporting $214 million in revenue, up 8%, and a net loss per share of $0.08. Analysts expected ...
The Business Journals

Redfin: Phoenix ranked first among US metros for new residents added in 2020

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. “Phoenix has always been popular with people moving in ...
The Motley Fool

Redfin Is Real Estate's Cautious Growth Story

Real estate tech company Redfin (RDFN 1.32%) is often compared to rival Zillow (Z-0.63%) (ZG-0.38%), but there are significant differences in the way the two companies operate. In this Nov. 12 ...
GeekWire

Fair housing groups file federal lawsuit accusing Redfin of ‘redlining’ minority communities

Seattle-based real estate tech company Redfin is facing allegations of discriminatory pricing practices and “redlining” in a lawsuit filed by the National Fair Housing Alliance (NFHA) and other fair ...
New York Post

Redfin policy makes it harder to sell homes in minority neighborhoods, lawsuit claims

Housing advocates have accused Redfin of “redlining” minority neighborhoods with a price policy that can make it harder for people of color to sell their homes. Redfin will only act as a real estate ...
MarketWatch

Redfin CEO: Vacation real-estate markets are ‘toast’ because of the pandemic as Airbnb owners rush to offload their homes

Redfin is the latest real-estate company to jump back into the iBuying game after a coronavirus-related shutdown. The Seattle-based brokerage said Thursday that its RedfinNow segment, which provides ...
The Washington Post

Housing groups sue Redfin, alleging federal discrimination violations

Several housing advocacy organizations filed a federal lawsuit against Redfin real estate brokerage firm last week, accusing the company of violating the U.S. Fair Housing Act by discriminating ...