America’s Renters Are Moving Less Than Ever, With a Third Staying in the Same Home for at Least 5 Years
Redfin Corporation (RDFN)
Last redfin corporation earnings: 2/12 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investors.redfin.com/investor-relations
Company Research
Source: Business Wire
Redfin reports renters move most often in Denver, Austin and Salt Lake City. They stay put longest in New York, Los Angeles and Riverside. SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — A third (33.6%) of U.S. renters have lived in the same home for at least five years, up from 28.4% a decade ago. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.While the majority of renters move within five years—including 25.6% moving within 12 months and 40.8% moving between 1-4 years—the soaring cost of buying a home has pushed many to stay put for longer. The high cost of moving, or paying rental brokers in cities like New York, has also discouraged renters from moving regularly.Nearly one in six (17%) renters had lived in the same property between 5-9 years in 2023, compared to 14.4% in 2013. Nearly the same number (16.6%) stayed in the same home for 10+ years, compared to 13.9% a decade earlier.“Monthly mortgage payments have nearly tripled
Show less
Read more
Impact Snapshot
Event Time:
RDFN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RDFN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RDFN alerts
High impacting Redfin Corporation news events
Weekly update
A roundup of the hottest topics
RDFN
News
- Redfin Reports Housing Supply Just Hit a Four-Year High, Partly Because So Many Homes Are Sitting on the Market UnsoldBusiness Wire
- Redfin Reports Housing Supply Ends 2024 On the Rise, Up 12% Year Over YearBusiness Wire
- Redfin Reports U.S. Home Prices Rose 0.5% in NovemberBusiness Wire
- Redfin Reports Home Sales Surge by Double Digits in Pricey West Coast MarketsBusiness Wire
- Homebuyers With Kids Are Twice as Likely to Get Family Help for Down Payments Than Those Without KidsBusiness Wire
RDFN
Earnings
- 11/7/24 - Miss
RDFN
Sec Filings
- 12/27/24 - Form 4
- 12/23/24 - Form 144
- 11/26/24 - Form 4
- RDFN's page on the SEC website