News Releases

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May 20, 2019
SEATTLE , May 20, 2019 /PRNewswire/ -- (NASDAQ: RDFN) — Nationwide, vacant homes sell for $11,306 less and spend six more days on the market than comparable occupied homes, according to an analysis from Redfin ( ), the technology-powered real estate brokerage.
May 17, 2019
14% of Homebuyers Surveyed Lowered their Price Range as a Result of Tax Reform, While 13% Moved to a Nearby City with Lower Taxes SEATTLE , May 17, 2019 /PRNewswire/ -- (NASDAQ: RDFN) —  More than a year after the historic tax code overhaul, less than half of homebuyers (47%) say that tax reform
May 16, 2019
Sales flattened as housing supply rose 3.1%, the smallest year-over-year increase in 7 months SEATTLE , May 16, 2019 /PRNewswire/ -- (NASDAQ: RDFN) — U.S. home-sale prices edged up 2.8 percent year over year to a median of $307,600 in April, according to a new report from Redfin ( ),
May 13, 2019
SEATTLE , May 13, 2019 /PRNewswire/ -- (NASDAQ: RDFN) — A statement from Redfin ( ), a technology-powered real estate brokerage: RE/MAX withdrew today from its corporate partnership with Redfin. Redfin has the utmost respect for RE/MAX as a company, for its agents and leaders.
May 09, 2019
Southern metros top Redfin's ranking of places where childcare, healthcare, and upgrading to a home with an additional bedroom cost the least in an infant's first year A baby's first year costs the most in Washington, D.C., Boston and Worcester, due to higher childcare costs SEATTLE , May 9, 2019
May 09, 2019
Nearly 1 in 4 Home-Purchase Offers in the Bay Area Faced Competition in April, Compared to 15% Nationwide SEATTLE , May 9, 2019 /PRNewswire/ -- (NASDAQ: RDFN) -- Just 15 percent of offers written by Redfin agents on behalf of their home-buying customers in April faced a bidding war, down from 60
May 08, 2019
SEATTLE , May 8, 2019 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced financial results for the first quarter ended March 31, 2019. All financial measures, unless otherwise noted, are presented on a GAAP basis and include stock-based compensation as well as depreciation and
May 07, 2019
SEATTLE , May 7, 2019 /PRNewswire/ --  Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following investor conferences during the month of May: Needham Emerging Technology Conference Wednesday, May 22 , at 11:00 a.m.
May 06, 2019
More than one third of people searching for Phoenix homes last quarter were from out of town SEATTLE , May 6, 2019 /PRNewswire/ -- (NASDAQ: RDFN) -- Twenty-five percent of home searchers looked to move to another metro area in the first quarter of 2019, up from 23 percent last
May 06, 2019
RedfinNow Buys Homes Directly from Sellers, Allowing Them To Move On with Less Hassle and More Certainty DENVER , May 6, 2019 /PRNewswire/ -- (NASDAQ: RDFN) -- Redfin, a technology-powered real estate brokerage, announced that homeowners in the Denver metro area can now get a cash offer for their
May 01, 2019
Sale prices for the top 5% of homes in the market fell nationwide for the first time in nearly three years, while major Florida, South Carolina and Idaho markets strengthened SEATTLE , May 1, 2019 /PRNewswire/ -- (NASDAQ: RDFN) -- The average sale price for luxury homes nationwide fell 1.6 percent
April 30, 2019
Tech-powered lender offers digital closings, fully underwritten pre-approvals and 25 day closing guarantee DALLAS , April 30, 2019 /PRNewswire/ -- (NASDAQ: RDFN) — Redfin Mortgage , LLC is now offering loans to homebuyers in Florida , Maryland and Tennessee .
April 29, 2019
24 Percent of Millennials Took a Second Job to Save for a Home; 18 Percent Received Cash from a Family Member SEATTLE , April 29, 2019 /PRNewswire/ -- (NASDAQ: RDFN) -- Seventy-two percent of millennial homebuyers this year are saving for a down payment directly from their paychecks, up from 69
April 26, 2019
Ride-hailing app's public offering could put further pressure on the Bay Area's already expensive housing market SEATTLE , April 26, 2019 /PRNewswire/ -- (NASDAQ: RDFN) -- With the wealth created through Uber's upcoming IPO, current and former employees could purchase every single home for sale in
April 26, 2019
Redfin Launches Brokerage Service with Five Listings Totalling Nearly C$9 Million VANCOUVER, British Columbia , April 26, 2019 /PRNewswire/ -- ( RDFN ) —  Redfin, ( ) the tech-powered real estate brokerage, launched brokerage service in the greater Vancouver area today with a team of
April 24, 2019
SEATTLE , April 24, 2019 /PRNewswire/ --  Redfin Corporation (NASDAQ: RDFN) will release first-quarter 2019 results after the stock market closes on Wednesday, May 8, 2019 . The company will host a live webcast of its conference call to discuss the results at 1:30 p.m. Pacific Time / 4:30 p.m.
April 23, 2019
In San Francisco and San Jose, Homes with Open Houses Sell For More than 5% More Relative to List Price Than Homes without them In Miami, homes with open houses go under contract 11 days faster than homes without them SEATTLE , April 23, 2019 /PRNewswire/ -- (NASDAQ: RDFN) — Nationwide, homes with
April 22, 2019
Redfin Used New "Sustainability Score" to Rate the 50 Biggest U.S. Cities by a Combination of Walkability, Bikeability and Access to Public Transit and Parks Dense Housing is Green Housing, According to Redfin Chief Economist's Analysis of Commute Times for Affordable Homes SEATTLE , April 22, 2019
April 22, 2019
San Francisco, San Jose and Orange County home sales and prices fell as housing activity surged in metros with lower home prices and tax burdens SEATTLE , April 22, 2019 /PRNewswire/ -- (NASDAQ: RDFN) -- U.S. home sale prices were essentially flat in March, ticking down by just 0.1 percent annually
April 16, 2019
San Jose, Seattle and San Diego Saw Big Year-Over-Year Gains in the Share of Homebuyers Winning the First Home They Make an Offer on SEATTLE , April 16, 2019 /PRNewswire/ -- (NASDAQ: RDFN) — Fifty-six percent of buyers nationwide who purchased a home in the first quarter closed on the very first
April 11, 2019
Redfin Analysis Uses "Natural Disaster Hazard Score" to Rate the 50 Biggest U.S. Metro Areas by Frequency of Earthquakes, Fires, Floods, Tornadoes and Hurricanes SEATTLE , April 11, 2019 /PRNewswire/ -- (NASDAQ: RDFN) — Providence, Rhode Island , Detroit , Michigan and Hartford, Connecticut are the
April 10, 2019
Homebuyers and Sellers Can Now Work with Full-Service Redfin Agents and Search for Homes on Redfin Website and App DES MOINES, Iowa , April 10, 2019 /PRNewswire/ -- (NASDAQ: RDFN) -- People can now buy and sell homes with Redfin agents in Des Moines, Iowa , and Lincoln, Nebraska , Redfin announced
April 03, 2019
Seattle, Chicago and Denver are the Best Cities for Dog Lovers, Labs and Mixes are the Most Popular Breeds SEATTLE , April 3, 2019 /PRNewswire/ -- (NASDAQ: RDFN) -- Seattle , Chicago and Denver are this year's top cities for dog lovers, according to a new ranking from Redfin ( ), the
April 01, 2019
In Philadelphia, buyers this winter found homes 4 weeks faster than 2018, 2 weeks faster in Washington, D.C. Buyers in Atlanta toured 7 fewer homes than a year ago; in Phoenix they saw 4 fewer homes SEATTLE , April 1, 2019 /PRNewswire/ -- (NASDAQ: RDFN) — It took the typical homebuyer this winter
March 28, 2019
Homes Listed on Thursday Sell for $3,015 More Than Those Listed on Monday and Go Under Contract in 5 Fewer Days Than Those Listed on Sunday, on Average SEATTLE , March 28, 2019 /PRNewswire/ -- (NASDAQ: RDFN) -- Homes listed on Thursday tend to sell for more money and in less time than homes listed
March 27, 2019
San Francisco, Boston, San Diego and Portland are the most competitive housing markets, but still only 1 in 5 offers written by local Redfin agents faced bidding wars so far in March SEATTLE , March 27, 2019 /PRNewswire/ -- (NASDAQ: RDFN) -- Just 16 percent of offers written by Redfin agents on
March 18, 2019
Relationship Leverages Redfin's Strong Digital Presence and RE/MAX's Extensive Network of Highly Productive Agents DENVER and SEATTLE , March 18, 2019 /PRNewswire/ -- RE/MAX Holdings, Inc. (NYSE: RMAX), parent company of RE/MAX , one of the world's leading franchisors of real estate brokerage
March 14, 2019
Prices fell more than 8% in San Francisco and San Jose Newark, Milwaukee and Buffalo saw prices rise more than 10% SEATTLE , March 14, 2019 /PRNewswire/ -- (NASDAQ: RDFN) -- U.S. home-sale prices increased just 0.6 percent year-over-year to a median of $287,400 in February, according to a report
March 12, 2019
Pools are worth the most in Los Angeles, where they add nearly $100,000 to a typical home's value In Boston, homes with pools sell for about $15,000 less than homes without them SEATTLE , March 12, 2019 /PRNewswire/ -- (NASDAQ: RDFN) -- In Los Angeles , homes with pools sell for $95,393 more than
March 11, 2019
New York; Union City, NJ; and San Francisco Claim Top Three Spots, According to Redfin's Latest Transit ScoreⓇ Update SEATTLE , March 11, 2019 /PRNewswire/ -- (NASDAQ: RDFN) -- New York ; Union City, NJ ; and San Francisco top the 2019 list of best cities for public transit, according to a new
March 06, 2019
Homebuyers and Sellers Can Now Work with Full-Service Redfin Agents and Search for Homes on Redfin Website and App HUNTSVILLE, Ala. , March 6, 2019 /PRNewswire/ -- (NASDAQ: RDFN) -- Redfin ( ), the tech-powered real estate brokerage, announced today that people can now buy and sell
March 05, 2019
Three southern metros--Louisville, Charlotte and Nashville--experienced the largest rise in low-income homeownership from 2012 to 2017 SEATTLE , March 5, 2019 /PRNewswire/ -- (NASDAQ: RDFN) -- Minneapolis has the nation's highest homeownership rate for low-income families, according to a report
February 27, 2019
Pending sales spiked 15% in the city of Seattle in January, up 8% in San Jose, California SEATTLE , Feb. 27, 2019 /PRNewswire/ -- (NASDAQ: RDFN) — The market cooldown may already be over in Seattle , San Jose and Boston , according to a report from Redfin, ( ), the next-generation
February 25, 2019
SEATTLE, Feb. 25, 2019 /PRNewswire/ -- (NASDAQ:  RDFN ) — Today, Redfin ( ), the next-generation real estate brokerage, extended its 1 percent listing fee to home sellers in Philadelphia, Delaware, South Florida and Wisconsin who also buy a home with Redfin.
February 25, 2019
The average home in these affordable, inland metros spends less than 30 days on the market   SEATTLE, Feb. 25, 2019 /PRNewswire/ -- (NASDAQ:  RDFN ) — Buffalo, New York; Grand Rapids, Michigan and Omaha, Nebraska were home to the country's fastest housing markets in January, according to a new
February 22, 2019
New-home sales fell year over year in all four major U.S. regions   SEATTLE, Feb. 22, 2019 /PRNewswire/ -- (NASDAQ:  RDFN ) —  Sales of new single-family homes fell 8 percent year over year in January , fifth consecutive month of year-over-year declines in new-home sales, according to Redfin, (
February 19, 2019
Homebuyers are in the strongest position in years as the supply of homes for sale grows at fastest rate since May 2015   SEATTLE, Feb. 19, 2019 /PRNewswire/ -- (NASDAQ:  RDFN ) — The housing market started off 2019 with buyers in a much better position than they were a year earlier, according to a 
February 12, 2019
For the First Time Ever, Torontonians Can Sell Homes at a One Percent Listing Fee with Full-Service Local Redfin Agents TORONTO, Feb. 12, 2019 /PRNewswire/ -- (NASDAQ:  RDFN ) -- Today, Redfin began serving homebuyers and sellers in the greater Toronto area with full-service agents at a one percent
February 11, 2019
SEATTLE, Feb. 11, 2019 /PRNewswire/ -- (NASDAQ:  RDFN ) -- Thirteen percent of offers written by Redfin agents on behalf of their home-buying customers faced competition in January, down from 53 percent the year before, according to a new report by Redfin ( ), the next-generation
February 11, 2019
RedfinNow Buys Homes Directly from Sellers So They Can Move On with Less Hassle and More Certainty Redfin Will Expand Dallas Presence by Hiring Engineers and Expanding Mortgage and Title Businesses   DALLAS, Feb. 11, 2019 /PRNewswire/ -- (NASDAQ:  RDFN ) -- Redfin, a technology-powered real estate
February 06, 2019
Volatility on Wall Street and global economic uncertainty may have contributed to a decline in high-priced home sales SEATTLE , Feb. 6, 2019 /PRNewswire/ -- (NASDAQ: RDFN) — The average sale price for luxury homes nationwide rose 4.7 percent annually to an average of $1,772,000 in the fourth
February 04, 2019
In some coastal areas, only a small portion of homes are affordable to the typical millennial--but in certain inland cities, nearly 90 percent of the housing market is affordable for the generation. SEATTLE , Feb. 4, 2019 /PRNewswire/ -- (NASDAQ: RDFN) -- St.
January 30, 2019
Seattle reclaims its migration-destination status while Denver secures its spot on the 'moving out' list SEATTLE , Jan. 30, 2019 /PRNewswire/ -- (NASDAQ: RDFN) — Twenty-five percent of home searchers looked to move to another metro area in the fourth quarter of 2018, up from 23 percent the year
January 24, 2019
Redfin releases analysis of new-home sales in November and December 2018 to bridge the data gap during the government shutdown SEATTLE , Jan. 24, 2019 /PRNewswire/ -- (NASDAQ: RDFN) -- Sales of new homes in all four major U.S. regions dropped in the last two months of 2018, according to a report
January 23, 2019
Affordability Keeps Many Homes Out of Reach for the Average Homebuyer, Even As Inventory Rises SEATTLE , Jan. 23, 2019 /PRNewswire/ -- (NASDAQ: RDFN) — Although the supply of homes for sale is up in many markets, both the number and share of homes that are affordable to a typical household has
January 17, 2019
Boston and San Jose Both Saw Home-Sale Prices Fall Year Over Year in December SEATTLE , Jan. 17, 2019 /PRNewswire/ -- (NASDAQ: RDFN) — U.S. home-sale prices increased just 1.2 percent in December compared to a year ago to a median of $289,800 , according to a housing market analysis from Redfin (
January 15, 2019
Most of the Country's Most Popular Affordable Neighborhoods are in Baltimore and Philadelphia SEATTLE , Jan. 15, 2019 /PRNewswire/ -- (NASDAQ: RDFN) -- Expensive coastal hubs remain the most coveted places to live, but neighborhoods in Baltimore and Philadelphia are gaining popularity as the most
January 14, 2019
Buyers and sellers in Toronto and Vancouver will soon be able to work with Redfin agents TORONTO , Jan. 14, 2019 /PRNewswire/ -- (NASDAQ: RDFN) -- Redfin ( ), the next-generation real estate brokerage, plans to launch a national Canadian real estate search site and brokerage service
January 09, 2019
RedfinNow Buys Homes Directly from Sellers So They Can Move On with Less Hassle and More Certainty LOS ANGELES , Jan. 9, 2019 /PRNewswire/ -- (NASDAQ: RDFN) -- Homeowners in the Los Angeles metro area can now get a no-obligation cash offer for their home from RedfinNow, a radically convenient
January 07, 2019
35-44 year olds were hit hardest by the housing bust just as they reached prime first-time homebuying age SEATTLE , Jan. 7, 2019 /PRNewswire/ -- (NASDAQ: RDFN) -- Less than half of homebuyers and sellers between the ages of 35 and 44 believe that real estate is a better long-term investment than