It's no secret that real estate brokerage and mortgage origination service provider Redfin Corp (NASDAQ:RDFN) is struggling. Although its year-to-date performance is impressive, RDFN stock is down 66% ...
Redfin's stock has risen 83% year-to-date, however, the company is expected to lose $1.19 per share this year, and $0.99 per share next year. MGIC, a housing stock, is expected to earn $2.14 per share ...
Redfin's stock has declined by 49% in the past 18 months, while the S&P 500 has gained 4%. The company's earnings are lackluster and show a negative relationship between sales and profits. Although ...
Matt Frankel has positions in Redfin and Zillow Group. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Redfin and Zillow Group. The Motley ...
Nearly a decade ago, when homes were selling faster than agents could list them, a national real estate company introduced a marketing campaign that set a dollar range that sellers would “entertain” ...
Redfin economists estimate annual housing inventory could increase by 6%-12% in markets where home sellers are given the flexibility to test out pricing strategies via 'Private Exclusive' and 'Coming ...
Paula Wethington is a digital producer at CBS Detroit. She previously held digital content roles at NEWSnet, Gannett/USA Today network and The Monroe News in Michigan. She is a graduate of the ...
The deal will combine Rocket Mortgage's mortgage lending expertise with Redfin's online real estate brokerage platform. Rocket Companies is also restructuring its capital structure to simplify future ...
In Texas, where many luxury agents go off-market first for listings, Redfin exposure offers an opportunity to expand the buyer pool.