Homebuyers With Kids Are Twice as Likely to Get Family Help for Down Payments Than Those Without Kids
Redfin Corporation (RDFN)
Last redfin corporation earnings: 2/12 04:01 pm
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Source: Business Wire
Homeowners with kids living under their roof are much more likely to receive help from family with down payments and/or monthly mortgages than their no-kids counterparts, according to a recent Redfin-commissioned survey. That’s partly because they’re buying bigger, more expensive homes. SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — One-quarter (25%) of recent homebuyers who have kids living at home received a cash gift from family to help fund their down payment, more than double the 12% of recent buyers without kids who received such a gift, according to a new survey from Redfin (redfin.com), the technology-powered real estate brokerage.Homeowners with kids living under their roof are also more likely to receive family help for mortgage payments. One in six (17%) homeowners with kids report receiving financial support from family to help pay their mortgage, compared to 8% of those without kids. And 11% of homeowners with kids have used inheritance money to pay their mortgage, versus
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News
- Redfin Reports More Sellers Are Listing Their Homes, Hoping to Cash in on High Prices and Demand From BuyersBusiness Wire
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- Redfin Reports Asking Rents for Newly Built Apartments Rise 1.5%, the Biggest Spike in 18 MonthsBusiness Wire
- Redfin Corporation's (RDFN) Best Days Are Behind It [Yahoo! Finance]Yahoo! Finance
RDFN
Earnings
- 11/7/24 - Miss
RDFN
Sec Filings
- 11/26/24 - Form 4
- 11/25/24 - Form 144
- 11/22/24 - Form 4
- RDFN's page on the SEC website