America’s Wealthiest 1% Could Buy 99% of America’s Homes
Redfin Corporation (RDFN)
Last redfin corporation earnings: 2/12 04:01 pm
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US:NASDAQ Investor Relations:
investors.redfin.com/investor-relations
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Source: Business Wire
Redfin reports the combined net worth of America’s wealthiest 1% has grown to a record $49.2 trillion, almost the same as the combined value of all the homes in the U.S. SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The combined value of nearly 100 million U.S. homes reached $49.7 trillion at the end of 2024, while the combined net worth of America’s wealthiest 1% has grown to a record $49.2 trillion. In other words, the wealthiest 1% can afford to buy nearly every home in America. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.Even though the two numbers are not directly related, the growth trajectories of home values and the net worth of the top 1% have tracked similar paths
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RDFN
News
- Redfin Publishes 2025 Industry SurveyBusiness Wire
- Big City Comeback: Homebuyer Competition Is Rising Fastest in the Bay Area, New YorkBusiness Wire
- Rocket makes US$11B bid to dominate the homebuying process [BNN Bloomberg (Canada)]BNN Bloomberg
- Rocket makes $11 billion bid to dominate the homebuying process [Fortune]Fortune
- New York and the Midwest Dominate Redfin’s Hottest Neighborhoods of 2025Business Wire
RDFN
Earnings
- 2/27/25 - Miss
RDFN
Sec Filings
- 3/31/25 - Form 425
- 3/31/25 - Form 425
- 3/31/25 - Form 425
- RDFN's page on the SEC website