Redfin Survey: Most People Earning Under $50,000 Struggle to Afford Housing. Nearly One-Quarter of Them Have Skipped Meals to Make Their Payments
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
Of those earning under $50,000 who struggle to afford housing, 21% have delayed or skipped medical treatments, while 15% have worked a side hustle SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Nearly three-quarters (74%) of U.S. residents who earn less than $50,000 per year sometimes, regularly or greatly struggle to afford their regular mortgage or rent payments. That’s according to a new survey commissioned by Redfin (redfin.com), the technology-powered real estate brokerage.Of those people, nearly one-quarter (24%) report they have skipped meals to afford their monthly housing costs. That’s one of the most commonly cited sacrifices among people in that income bracket, topped only by eating at restaurants less often (43%), taking no or fewer vacations (36%) and borrowing money from family or friends (25%).Nearly one-quarter (23%) said they have sold belongings to afford housing payments. Just over one in five (21%) have delayed or skipped medical treatments, and 15% have worked a si
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News
- Redfin Reports Early-Stage Homebuying Demand Jumps to Its Highest Level in 15 Months Despite High Mortgage RatesBusiness Wire
- Redfin Survey: 18% of Home Hunters Say Safety/Crime is a Reason They’re Moving, 14% Cite Climate RisksBusiness Wire
- Homes With Low Natural Disaster Risk Are Rising in Value Faster Than Homes With High Risk for the First Time in Over a DecadeBusiness Wire
- Redfin Co. (NASDAQ: RDFN) had its "neutral" rating re-affirmed by analysts at DA Davidson. They now have a $7.25 price target on the stock.MarketBeat
- Redfin Reports Home Sales Sink Across Florida Amid Hurricane Recovery, Surging HOA and Insurance CostsBusiness Wire
RDFN
Earnings
- 11/7/24 - Miss
RDFN
Sec Filings
- 11/12/24 - Form SC
- 11/7/24 - Form S-3ASR
- 11/7/24 - Form 10-Q
- RDFN's page on the SEC website