Redfin Reports More Buyers Are Touring Houses, Applying For Mortgages As We Enter 2024’s Home Stretch
Redfin Corporation (RDFN)
Last redfin corporation earnings: 2/12 04:01 pm
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Source: Business Wire
The uptick in early-stage homebuying activity immediately after the election is continuing, despite high home prices and mortgage rates SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Redfin’s Homebuyer Demand Index is sitting near its highest level since September 2023, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.Redfin’s Homebuyer Demand Index—a seasonally adjusted measure of tours and other buying services from Redfin agents—is up 7% year over year. Mortgage-purchase applications are up 17% month over month to their highest level since late January.Pending home sales rose 6.5% from a year earlier during the four weeks ending December 1, on par with the annual increases Redfin has seen over the last two months.There are a few reasons house hunters are coming out of the woodwork despite high mortgage rates and home prices:Many people were waiting for the election to pass before getting serious about buying a home. Redfin saw a burst
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News
- Homebuyers With Kids Are Twice as Likely to Get Family Help for Down Payments Than Those Without KidsBusiness Wire
- Redfin Reports More Sellers Are Listing Their Homes, Hoping to Cash in on High Prices and Demand From BuyersBusiness Wire
- Existing Home Sales Rise to Highest Level in Over a Year and a HalfBusiness Wire
- Redfin Reports Older Americans Are More Likely to Buy Disaster-Prone Homes Than Younger AmericansBusiness Wire
- Redfin Reports Asking Rents for Newly Built Apartments Rise 1.5%, the Biggest Spike in 18 MonthsBusiness Wire
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