Redfin Reports Home Sales Surge by Double Digits in Pricey West Coast Markets
Redfin Corporation (RDFN)
Last redfin corporation earnings: 2/12 04:01 pm
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Source: Business Wire
Home sales are up 28% year over year in Portland, OR—the biggest gain of any major U.S. metro. Next come San Jose, Seattle and San Francisco, which also saw double-digit increases. SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — In Portland, OR, home sales jumped 27.6% year over year in November—the biggest increase among the 50 most populous U.S. metropolitan areas, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. It was followed by five other pricey West Coast metros: San Jose, CA (26.2%), Seattle (19.5%), San Francisco (17.7%), Sacramento, CA (17.6%) and San Diego (15.2%). By comparison, nationwide home sales rose just 4.8%.All the aforementioned markets have median sale prices above the national median of $430,107.Early-stage homebuying activity has been picking up across the country since the election. But some West Coast markets may be gaining steam especially quickly in part because a shortage of homes for sale is keeping competiti
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News
- Redfin Reports Housing Supply Just Hit a Four-Year High, Partly Because So Many Homes Are Sitting on the Market UnsoldBusiness Wire
- America’s Renters Are Moving Less Than Ever, With a Third Staying in the Same Home for at Least 5 YearsBusiness 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
- 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