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November 14, 2018Redfin and Notarize Partner to Offer Fully-Digital Home Closings
Redfin Mortgage Closes First Fully-Digital Home Mortgage SEATTLE, Nov. 14, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- Redfin, the next-generation real estate brokerage, and Notarize, the first company to enable an entirely online mortgage closing process, are working together to let customers close a home purchase completely online. Online closings are now available to customers of Title Forward, Redfin's title and settlement company, and Redfin Mortgage, Redfin's lending arm. "Redfin is using t... 
November 09, 2018Redfin Report: Akron, Richmond and Buffalo Among the Eight Inland Housing Markets that are Heating Up as the Coasts Cool
These affordable metro areas are seeing a growing share of homes selling quickly and for above-list price SEATTLE, Nov. 9, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- While expensive coastal markets like Seattle and San Jose are cooling off, some smaller, affordable inland metro areas are heating up, according to Redfin (www.redfin.com), the next-generation real estate brokerage. Wilmington, Delaware, Philadelphia and Atlanta lead the handful of metro areas where supply is shrinking, lea... 
October 30, 2018Redfin Housing Demand Index Posts Strong Gain from August to September
Still, Housing Demand Remains Double Digits Below Last Year's Levels SEATTLE, Oct. 30, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- The Redfin Housing Demand Index increased 5.1 percent from August to 131 in September, after remaining essentially flat around 124 since May, according to Redfin (www.redfin.com), the next-generation real estate brokerage. The month-over-month increase in demand was driven more by growth in early-stage home-buying activity than in the more serious stage of of... 
October 24, 2018Redfin Report: Migration Trends Accelerate as More People Look to Leave Denver, San Francisco and Los Angeles
More people are moving to affordable, low-tax inland job centers in states like Florida, Texas and Tennessee SEATTLE, Oct. 24, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- In the third quarter of 2018 people moved away from high-cost coastal markets like San Francisco, New York, Los Angeles and Washington, D.C., in increasing numbers, according to the latest migration report from Redfin (www.redfin.com), the next-generation real estate brokerage. Meanwhile, more affordable areas like Sacrament... 
October 23, 2018Redfin Breaks Down the Cost to Homebuyers of Mortgage Rate Hikes
A buyer with a $2,500 monthly housing budget lost nearly $30,000 in purchasing power this year The number of homes affordable to a buyer in San Diego with a $3,500 monthly housing budget could shrink by more than 25 percent as mortgage rates approach 6 percent SEATTLE, Oct. 23, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- A homebuyer with a monthly housing budget of $2,500 a month and a 20 percent down payment could afford to purchase a home for as much as $473,750 at the beginning of the year w... 
October 19, 2018Redfin Report: Housing Inventory Crunch Finally Subsides as Supply Posts First Annual Gain in Nearly Three Years
September Home Sales Slump, Prices Post Smallest Increase Since the Market Bottomed in 2012 SEATTLE, Oct. 19, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- U.S. home-sale prices increased just 2.1 percent in September compared to a year ago, according to Redfin (www.redfin.com), the next-generation real estate brokerage. The median home-sale price was $292,000 across the 171 metros tracked in the latest analysis from Redfin. September saw the smallest increase in home prices recorded since... 
October 15, 2018Redfin Survey: 20% of Recent Homebuyers Made an Offer Sight-Unseen, Down from 35% Late Last Year
Survey Findings Suggest that Buyers Are Under Less Pressure to Make Hasty Bids as Competition Eases SEATTLE, Oct. 15, 2018 /PRNewswire/ -- (NASDAQ: RDFN) --  One in five recent homebuyers said they made an offer sight-unseen, according to Redfin (www.redfin.com), the next-generation real estate brokerage. This statistic was discovered from a Redfin-commissioned survey in May of 1,463 people across 14 major markets who had bought a home in the last year. That's down from 35 percent i... 
October 12, 2018Redfin Report: Spring's Fastest Markets are Slowing Down this Fall
In Seattle, San Jose and Denver as few as one in three homes are going under contract within 14 days, down from two in three earlier this year SEATTLE, Oct. 12, 2018 /PRNewswire/ -- (NASDAQ: RDFN) — The real estate markets that were the fastest this spring are seeing a dramatic slowdown, according to an analysis from Redfin (www.redfin.com), the next-generation real estate brokerage. As the housing market heated up this spring there were fourteen metro areas around the country where... 
October 10, 2018Redfin Brings 1% Listing Fee to Nashville and Salt Lake City
Home Sellers Get Full Service and Save Thousands in Fees Listing with a Redfin Agent SEATTLE, Oct. 10, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- Today, Redfin (www.redfin.com), the next-generation real estate brokerage, expanded its one-percent listing fee to Nashville and Salt Lake City. Redfin's home-selling customers in these areas will pay Redfin just one percent of the final sale price, subject to a minimum fee of $3,000. Sellers who work with a Redfin agent will save $6,... 
October 09, 2018Redfin Hires Daryl Fairweather, Ph.D., as Chief Economist
Former Amazon Economist to Lead Housing Market Research Team SEATTLE, Oct. 9, 2018 /PRNewswire/ -- (NASDAQ: RDFN) — Today Redfin (www.redfin.com), the next-generation real estate brokerage, announced Daryl Fairweather, Ph.D., has joined its ranks as chief economist. Fairweather comes to Redfin from Amazon, where she served as a senior behavioral economist, leading a team of analysts and economists focused on improving employee performance and engagement. Her experience and research inter... 
October 05, 2018Redfin Report: For-Sale Home Supply Surges In Hot West Coast Markets
Slowing sales activity is the primary driver of the inventory buildup SEATTLE, Oct. 5, 2018 /PRNewswire/ -- (NASDAQ: RDFN) — After more than six years of tight supply and surging home prices, the third quarter of 2018 has been a turning point for the housing market in many major West Coast metro areas. In these areas, the number of homes for sale has increased dramatically from a year ago, according to an analysis from Redfin (www.redfin.com), the next-generation real estate brokerage. ... 
October 04, 2018Redfin Mortgage Launches in Colorado
Tech-powered lender offering a $1,000 closing bonus in October DENVER, Oct. 4, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- Redfin Mortgage, LLC is now offering loans to homebuyers in Colorado, announced Redfin Corporation (www.redfin.com), the next-generation real estate brokerage. Redfin Mortgage offers fixed- and adjustable-rate conforming mortgages as well as jumbo loans for higher-priced homes in every state where it operates. Building on Redfin's existing technology platfor... 
September 28, 2018Redfin Report: The Share of Homes Selling Above List Price Just Dropped Below 2016 Levels
In Seattle, the Share of Homes Selling Above List Fell to 30% this Month from 50% a Year Ago SEATTLE, Sept. 28, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- In the four weeks ending on September 23, 22.9 percent of homes sold for more than their asking price, according to Redfin (www.redfin.com), the next-generation real estate brokerage. More than one-in-five sounds like a lot, but it represents a 2.6 percentage point decline compared to the same period last year when 25.5 percent of homes sold ab... 
September 26, 2018Redfin Launches Owner Estimate to Give Homeowners More Control in Assessing Their Home's Value
Estimate is Calculated Using Both Machine-Learning Technology And Homeowner Input SEATTLE, Sept. 26, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- Redfin (www.redfin.com), the next-generation real estate brokerage, today announced the launch of the Redfin Owner Estimate. The Owner Estimate is a tool for homeowners to create an estimate for their home's value that is based on their own knowledge about their property. The Owner Estimate uses the same core machine-learning engine that powers the Redfin... 
September 25, 2018Redfin Report: Redfin Housing Demand Index Unchanged For Fourth Consecutive Month in August
The Demand Index posted its largest year-over-year decline since March 2016 SEATTLE, Sept. 25, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- The Redfin Housing Demand Index has remained roughly unchanged for the past four months, inching up 0.3 percent from July to 125.2 in August, according to Redfin (www.redfin.com), the next-generation real estate brokerage. Redfin has reported an increase in price drops and softening demand in previously hot markets, which point to an environment enabling h... 
September 24, 2018Redfin Report: Home Prices Up 4.7% in August, Lowest Price Growth in Four Years
August Home Sales Fell 2.4%, as Inventory Declined Just 3.4% from Last Year SEATTLE, Sept. 24, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- U.S. home-sale prices increased 4.7 percent in August compared to a year ago, according to Redfin (www.redfin.com), the next-generation real estate brokerage. The price growth rate has been dropping for six consecutive months and has not been this low since August 2014. Homes sales fell 2.4 percent in August compared to a year prior. Inventory decline... 
September 20, 2018Redfin Report: More than One in Four Home-Sellers Dropped their Price Last Month
Share of homes with price drops reached a record-high in September SEATTLE, Sept. 20, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- Signs continue to point toward a changing market that's letting homebuyers be more selective as supply constraints begin to ease in the hottest markets, according to Redfin (www.redfin.com), the next-generation real estate brokerage. As a result, sellers are feeling compelled to adjust their expectations — and their prices. In the four weeks ending on September 16,... 
September 12, 2018Redfin Report: Migration to Low-Tax Metros is Accelerating as More People Looked to Leave Expensive Coastal Areas in the Second Quarter
Taxes are three-times lower in the top-10 migration destinations than in the 10 places people are most commonly leaving SEATTLE, Sept. 12, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- In the second quarter of 2018 people in expensive, high-tax coastal markets including San Francisco, New York, Los Angeles and Washington, D.C. searched for homes in metros like Phoenix, Las Vegas and Miami, where taxes are lower and housing is more affordable. This is according to the latest Migra... 
September 07, 2018Redfin Report: Since 2012, Broad Home-Equity Gains Across Minority and White Neighborhoods
Minority Neighborhoods Had the Largest Percentage Gains in Home Equity Starting with More Equity, White Neighborhoods Had the Largest Absolute-Dollar Gains SEATTLE, Sept. 7, 2018 /PRNewswire/ -- (NASDAQ: RDFN)-- Homeowners in white, minority and mixed-race neighborhoods posted substantial gains in home equity from 2012 to 2018, according to a new report by Redfin (www.redfin.com), the next-generation real estate brokerage. Minority neighborhoods started with the lowest levels of home ... 
September 05, 2018Tech-Powered Real Estate Brokerage Redfin Launches in Spokane, Washington
Homebuyers and Sellers Can Now Search for Homes on Redfin Website and App and Work with Redfin Agents SPOKANE, Wash., Sept. 5, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- Redfin (www.redfin.com), the next-generation real estate brokerage, today announced the debut of its home-buying and selling services in Spokane, Washington and Coeur d'Alene, Idaho. With a mission to reinvent real estate in the consumer's favor, Redfin pairs personal service from Redfin agents with technology to create a be... 
August 29, 2018Redfin Mortgage Launches in North Carolina
Tech-powered lender offers 25-day closing guarantee with underwritten pre-approval CHARLOTTE, N.C., Aug. 29, 2018 /PRNewswire/ -- (NASDAQ: RDFN) — Redfin Mortgage, LLC is now offering loans to homebuyers in North Carolina, announced Redfin Corporation (www.redfin.com), the next-generation real estate brokerage. Redfin Mortgage offers fixed- and adjustable-rate conforming mortgages as well as jumbo loans for higher-priced homes in every state where it operates. Building on Redfin's exist... 
August 24, 2018Redfin to Host Symposium on Race and Real Estate in Seattle on September 6
Author and Professor Elizabeth Korver-Glenn to Headline Keynote Discussion with Redfin CEO Glenn Kelman Based on New Research from Korver-Glenn SEATTLE, Aug. 24, 2018 /PRNewswire/ -- (NASDAQ: RDFN)-- Redfin (www.redfin.com), the next-generation real estate brokerage, is hosting a symposium about race and real estate, exploring how the real estate industry can support fair access to housing. The event will take place in Seattle on Thursday, September 6 from 12:30 pm to 3:30 pm PST, at the... 
August 24, 2018Redfin Report: San Francisco, Seattle, Los Angeles and San Diego are 2018's Best Cities for Ice Cream Lovers
Yelp and Walk Score data are combined to reveal cities with the most ice cream shops with the highest average rating and walkability. SEATTLE, Aug. 24, 2018 /PRNewswire/ -- (NASDAQ: RDFN) – San Francisco is the best city for ice cream lovers, with a Walk Score® of 86 and 61 locations to eat ice cream that collectively have an average Yelp ranking of 4.26. This is according to a new report by Redfin (www.redfin.com), the next-generation real estate brokerage, which analyzed 100 major U.S ... 
August 17, 2018Redfin Report: Home Prices Up 5.3% in July, Continuing a Trend of Moderating Growth
Sales Rebounded, up 4.1%, as Inventory Declined Just 5.4% from Last Year San Jose, Seattle and Portland Posted Double-Digit Inventory Increases for the Second Month in a Row Home-Selling Speed Slowed Dramatically in Washington, D.C. as it Accelerated in Indianapolis and Atlanta SEATTLE, Aug. 17, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- U.S. home-sale prices increased 5.3 percent year over year to a median of $307,400 in July, according to Redfin (www.redfin.com), the next-generation real ... 
August 13, 2018Redfin Report: Luxury Home-Price Growth Slows to 5 Percent in the Second Quarter
Despite Cooling in Price Growth, High-End Homes Sold Faster Than Ever Luxury Home Prices Are Up in Lower-Tax States Like Florida, Nevada and Washington SEATTLE, Aug. 13, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- Luxury home prices rose 5.2 percent year over year to an average of $1.9 million in the second quarter of 2018, according to Redfin (www.redfin.com), the next-generation real estate brokerage. This is lower growth than in the first quarter, when prices were up 7.3 percent. T... 
August 09, 2018Redfin Commits to Long-Term Expansion of Redfin Now, Buying Homes Directly from Owners
Redfin NowTM Launches Third Market, Orange County, California, Allowing Sellers to Get an Offer for Their Home in 48 Hours and Cash in as Soon as Seven DaysLong-time Redfin Executives Quinn Hawkins and Jason Aleem Will Lead the BusinessSEATTLE, Aug. 9, 2018 -- (NASDAQ: RDFN)--Redfin, the next-generation, technology-powered real estate brokerage, is deepening its investment in Redfin Now, the service whereby Redfin buys homes directly, letting sellers move on with cash in-pocket. Redfin st... 
August 01, 2018Stonebridge Homes and Redfin Preview Next Phase of Luxury Condo Development in Foxborough
Nadia Estates, a Luxury Community in the Heart of Foxborough, to Add Third Building, with 14 Additional Spacious Homes, Starting in the mid $400s BOSTON, Aug. 1, 2018 /PRNewswire/ --  Massachusetts developer Stonebridge Homes, Inc. (www.stonebridgehomesinc.com) and next-generation real estate brokerage Redfin (www.redfin.com) today announced the latest phase of the Nadia Estates condominium development in Foxborough, MA. The first two buildings are complete and there are several homes av... 
August 01, 2018Redfin Housing Demand Index Flattens from May to June
Buyers Become More Selective and Price-Sensitive as More Homes Hit the Hottest Housing Markets SEATTLE, Aug. 1, 2018 /PRNewswire/ -- (NASDAQ: RDFN) — The Redfin Housing Demand Index fell 0.7 percent month over month to 120 in June. The decline was driven by a 2.2 percent decrease in the seasonally adjusted number of homebuyers requesting tours, and a 12.2 percent decrease in the number making offers on homes from May to June. The Demand Index is based on thousands of Redfin customers re... 
July 24, 2018June Home Prices Rose 5.7% Year Over Year; Smallest Increase Since December 2016
Inventory Declines Continue to Moderate; Number of Homes for Sale in June Down Just 6% Compared to June 2017 SEATTLE, July 24, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- U.S. home-sale prices increased 5.7 percent year over year in June to a median of $312,700, according to Redfin (www.redfin.com), the next-generation real estate brokerage. This is the lowest price growth since December 2016. At the same time, the number of homes for sale in June was down just 6 percent year over year, which... 
July 24, 2018Redfin Launches Compete ScoreTM to Help Homebuyers Understand What it Takes to Win a Home in Cities Across the Country
With a Compete Score of 100, Seattle, San Jose and Fremont, Calif., are the Most Competitive Cities in the U.S.SEATTLE —July 24, 2018 — (NASDAQ: RDFN)-- Redfin (www.redfin.com), the next-generation real estate brokerage, today announced Redfin Compete Score, a rating of housing competition in cities and neighborhoods on a scale of 0 to 100, where 100 is the most competitive. Compete Score can be found on Redfin.com pages for individual listings as well as on the Home Values page for any city or ... 
June 29, 2018Redfin Survey: Homebuyers Face Rising Mortgage Rates Head On
Just 5% would scrap their plans to buy if rates rose above 5% SEATTLE, June 29, 2018 /PRNewswire/ -- (NASDAQ: RDFN)-- Few homebuyers are halting their searches in the wake of rising mortgage rates, according to Redfin (www.redfin.com), the next-generation real estate brokerage. In May, Redfin commissioned a survey of more than 4,000 people who had bought or sold a home in the last year, attempted to do so, or planned to do so soon. Among the more than 1,300 respondents who planned t... 
June 28, 2018Redfin Survey: 36% of Millennial Homebuyers Took a Second Job to Save for Down Payment; 10% Sold Cryptocurrency
Millennial Homebuyer Survey Shows Struggle for Affordability SEATTLE, June 28, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- The top concern among first-time millennial homebuyers is having enough money for a down payment, according to Redfin (www.redfin.com), the next-generation real estate brokerage. In March, Redfin commissioned a survey of 2,000 U.S. residents who planned to buy or sell a primary residence in the next 12 months. Redfin's latest analysis focuses on the more than 500 respond... 
June 28, 2018Redfin to Host Annual Women in Technology Event in San Francisco on July 12
Women@Work Will Feature Leaders Sharing their Vision for ‘What’s Next?’ for Women in the Technology Industry SEATTLE — June 28, 2018 — (NASDAQ: RDFN)-- Redfin (www.redfin.com), the next-generation real estate brokerage, today announced the second annual edition of its event for women in technology: Women@Work: What’s Next? The event will take place in San Francisco on Thursday, July 12 from 1 p.m. to 7 p.m at the Terra Gallery at 511 Harrison Street and will feature a series of fireside c... 
June 26, 2018Redfin Housing Demand Index Up 7% in May
Second Month of Increases in Newly Listed Homes a Positive Sign for Homebuyers SEATTLE, June 26, 2018 /PRNewswire/ -- (NASDAQ: RDFN) — The Redfin Housing Demand Index increased 7.4 percent month over month to 116 in May, according to Redfin (www.redfin.com), the next-generation real estate brokerage. The rise was driven by a 6.3 percent increase in the number of homebuyers requesting tours, and a 9.7 percent increase in the number making offers on homes from April to May. The Demand Ind... 
June 14, 2018Redfin Report: May Real Estate Market the Fastest on Record; Prices Up 6.3%
The Typical Home Found a Buyer in 34 Days; Denver Homes Sold in Just Six Days SEATTLE, June 14, 2018 /PRNewswire/ -- (NASDAQ: RDFN)--The typical home that sold in May went under contract in 34 days, according to Redfin (www.redfin.com), the next-generation real estate brokerage. May broke April's record of 36 days, which was the fastest month Redfin had recorded going back to 2010.  Amid the speed, the national median home sale price rose to $305,600, a 6.3 percent increase from May 2... 
June 08, 2018Redfin Mortgage Launches in Georgia
Tech-powered lender offers 30-day closing guarantee ATLANTA, June 8, 2018 /PRNewswire/ -- (NASDAQ: RDFN) — Redfin Mortgage, LLC is now offering loans to homebuyers in Georgia, announced Redfin Corporation (www.redfin.com), the next-generation real estate brokerage. Redfin Mortgage offers fixed- and adjustable-rate conforming mortgages as well as jumbo loans for higher-priced homes in every state where it operates.Building on Redfin's existing technology platform and customer-centric model,... 
May 29, 2018Redfin Housing Demand Index Posted Slight Decline from March to April Amid Ongoing Inventory Crunch
Uptick in Newly Listed Homes in April a Positive Turn for Homebuyers, May and June Home Sales SEATTLE, May 29, 2018 /PRNewswire/ -- (NASDAQ: RDFN) — The Redfin Housing Demand Index fell 1.3 percent month over month to 106 in April, according to Redfin (www.redfin.com), the next-generation real estate brokerage. April marked the third consecutive month of declines this year.The Demand Index is based on thousands of Redfin customers requesting home tours and writing offers. The Demand Index ... 
May 25, 2018Virginia Beach, Memphis and Indianapolis are the Most Affordable Housing Markets for Veterans, According to Redfin
Across 45 major metros, 9% of homes for sale are affordable for veterans, down from 27% in 2012 SEATTLE, May 25, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- Of the more than 600,000 homes currently listed for sale in the 45 most populous metro areas, only 8.9 percent are affordable to someone earning the local median veteran income, according to a new report by Redfin (www.redfin.com), the next-generation real estate brokerage. This is down from 27.4 percent in 2012. Every market in Redfin's ... 
May 23, 2018Redfin Migration Report: Denver Joins Seattle and San Francisco as a Tech Hub with More People Looking to Move Out than Move In
SEATTLE, May 23, 2018 /PRNewswire/ -- (NASDAQ: RDFN)-- In the first three months of 2018, Denver posted a "net outflow" of Redfin users for the first time, meaning that more Denver-based Redfin users were searching for homes in other metro areas than Redfin users elsewhere looking to move in. This is according to the latest Migration Report by Redfin (www.redfin.com), the next-generation real estate brokerage. The analysis is based on a sample of more than 1 million Redfin.com users se... 
May 17, 2018Redfin Report: Homes Sold Faster Than Ever in April; Prices Rose 7.6%
The typical home that sold last month went under contract in just 36 days The national median home sale price surpassed $300,000 for the first time on record SEATTLE, May 17, 2018 /PRNewswire/ -- (NASDAQ: RDFN) --The national median home sale price increased 7.6 percent in April from a year ago, according to Redfin (www.redfin.com), the next-generation real estate brokerage. The median home sale price was $302,200 across the 174 markets that Redfin tracks; this was the first time the ... 
May 16, 2018Redfin Report: Minneapolis, Portland and Chicago are the Most Bikeable Cities of 2018
Portland, Seattle and Oakland posted the biggest Bike Score increases since 2015 Bike Score adds ratings for more than 1,800 new cities and 10,000 new neighborhoods SEATTLE, May 16, 2018 /PRNewswire/ -- (NASDAQ: RDFN)-- Minneapolis, Portland and Chicago are 2018's best cities for cycling according to new Bike Score® rankings by Redfin (www.redfin.com), the next-generation real estate brokerage. Bike Score, a tool by Redfin company Walk Score®, rates locations based on several factors ... 
May 14, 2018Redfin Report: Shrinking Supply Sends Prices for Luxury Homes Up Nearly 8 Percent in First Quarter
Number of Luxury Homes for Sale Fell 20 Percent, Marking Four Consecutive Quarters of Inventory Declines SEATTLE, May 14, 2018 /PRNewswire/ -- (NASDAQ: RDFN)-- Luxury home prices in the first quarter of 2018 rose 7.9 percent compared to last year, to an average of $1.8 million, according to the latest report from Redfin (www.redfin.com), the next-generation real estate brokerage. The analysis tracks home sales in more than 1,000 cities across the country and defines a home as luxury... 
May 09, 2018Redfin Report: Even With a 20% Wage Increase, Less Than 1% of Homes in Phoenix Will Be Affordable to Teachers
Pittsburgh is the Most Affordable Metro for Teachers, With 39% of Homes for Sale Affordable; Denver is the Least, With 0.3% of Homes for Sale Affordable SEATTLE, May 9, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- Of the 14,406 homes currently for sale in Phoenix, only 0.5 percent are affordable on the average local teacher's annual salary of $45,965, according to a new report from Redfin (www.redfin.com), the next-generation real estate brokerage. Last week, following a six-day teacher s... 
May 04, 2018List your Home on Wednesday to Sell for the Highest Price, Thursday for the Quickest Sale, Redfin Analysis Finds
SEATTLE, May 4, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- To sell for the most money, homeowners should put their home on the market on a Wednesday, according to Redfin (www.redfin.com), the next-generation real estate brokerage. To sell the fastest, list on Thursday, Redfin says. The Redfin analysis, based on a sample of 100,000 homes that sold in 2017, found homes listed on Sunday performed the worst. Using Sunday as a baseline, Redfin calculated the relative advantage of listing on each day... 
April 26, 2018Redfin Identifies the Most Desirable Tiny Homes on the Market
Topping The List is a 580-Square-Foot Home in Seattle, WA, Listed for $309,950 SEATTLE, April 26, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- California has six of the top 10 most desired tiny homes on the market, according to a new report from Redfin (www.redfin.com), the next-generation real estate brokerage. Redfin looked at all actively listed single-family homes under 600 square feet in more than 80 markets, and used Redfin favorites to determine desirability. "It's not surprising t... 
April 25, 2018Redfin Mortgage Launches in Ohio
Tech-powered lender offers 30-day closing guarantee CLEVELAND, April 25, 2018 /PRNewswire/ -- (NASDAQ: RDFN) — Redfin Mortgage, LLC is now offering loans to homebuyers in Ohio, announced Redfin Corporation (www.redfin.com), the next-generation real estate brokerage. Redfin Mortgage offers fixed- and adjustable-rate conforming mortgages as well as jumbo loans for higher-priced homes in every state where it operates. Building on Redfin's existing technology platform and customer-centri... 
April 24, 2018Redfin Housing Demand Index Fell 6.5% From February to March as Fewer Homes Hit the Market
More People Toured Homes in March than in February, Fewer Made Offers SEATTLE, April 24, 2018 /PRNewswire/ -- (NASDAQ: RDFN) — The Redfin Housing Demand Index fell 6.5 percent month over month to 105 in March, according to Redfin (www.redfin.com), the next-generation real estate brokerage. March marked the second consecutive month of declines this year. The Demand Index is based on thousands of Redfin customers requesting home tours and writing offers. The Demand Index is adjus... 
April 20, 2018Redfin Ranks the Top 10 Neighborhoods for Green Homes in 2018
Green Homes Sold for $46,532 More on Average Than Homes Without Green Features in 2017Sustainability Efforts Pay Off in Cleveland, Where Three Shaker Heights Neighborhoods Made the ListSEATTLE, April 20, 2018 /PRNewswire/ -- (NASDAQ: RDFN)-- Green homes sold for $46,532 more than homes without green features in 2017, according to Redfin (www.redfin.com), the next-generation real estate brokerage. To determine that figure, Redfin data scientists analyzed real estate listings for all the homes sol... 
April 19, 2018March Home Prices Up 8.9%, the Biggest Increase in Four Years
New listings declined 5.6 percent in March, a sign of possible waning seller enthusiasm and ongoing tight market conditions SEATTLE, April 19, 2018 /PRNewswire/ -- (NASDAQ: RDFN) — The median home sale price increased 8.9 percent in March from a year ago, the highest price growth in four years, according to Redfin (www.redfin.com), the next generation real estate brokerage. The median home sale price in March was $297,000 in the 174 markets that Redfin tracks. --> T... 
April 10, 2018Redfin Releases New Data Showing No Major Gaps in Pay Between Women and Men
New gender pay report published in conjunction with Equal Pay DaySEATTLE, April 10, 2018 /PRNewswire/ -- (NASDAQ: RDFN) — Redfin (www.redfin.com), the next-generation real estate brokerage, today released new data on employee pay by gender. Gaps in salary between men and women employed at Redfin are mostly small, in large part because the company tries to be rigorous about paying employees based on objective guidelines.Redfin calculated a weighted average to determine pay equity across ten ... 
March 29, 2018Redfin Mortgage Launches in Minnesota
Tech-powered lender offers 30-day closing guarantee MINNEAPOLIS, March 29, 2018 /PRNewswire/ -- (NASDAQ: RDFN) — Redfin Mortgage, LLC is now offering loans to homebuyers in Minnesota, announced Redfin Corporation (www.redfin.com), the next-generation real estate brokerage. Redfin Mortgage offers fixed- and adjustable-rate conforming mortgages as well as jumbo loans for higher-priced homes in every state where it operates. Building on Redfin's existing technology platform ... 
March 27, 2018Redfin Housing Demand Index Fell 14 Percent from January to February as Ongoing Supply Shortage Crimped Homebuyer Activity
Plenty of People Toured Homes in February; There Just Weren't Enough to Go Around SEATTLE, March 27, 2018 /PRNewswire/ -- (NASDAQ: RDFN) — The Redfin Housing Demand Index fell 14.1 percent month over month to 110 in February according to Redfin (www.redfin.com), the next-generation real estate brokerage. This represents the lowest level of homebuyer demand in 11 months and the largest month-over-month decline on record for the Demand Index, for which Redfin has data going back to... 
March 26, 2018Redfin Report: New York, Philadelphia and Miami are 2018's Best Cities for Fresh-Food Access
Boston, Miami and Baltimore Had the Biggest Improvements in Fresh-Food Access Since 2014; Oklahoma City, Colorado Springs and Indianapolis are Food Deserts, with the Least Access to Healthy Food SEATTLE, March 26, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- New York is the best city for fresh-food access, with 75 percent of its residents living within a five-minute walk of a grocery store or year-round farmers market, followed by Philadelphia (64%) and Miami (57%). T... 
March 15, 2018Redfin: Home Prices Post Strongest Gain in Nearly Four Years as a Double-Digit Inventory Decline Constrained Sales
Affordability Pressures Mount as Mortgage Rates Rise SEATTLE, March 15, 2018 /PRNewswire/ -- (NASDAQ: RDFN) — Home prices increased 8.8 percent year over year in February, according to Redfin (www.redfin.com), the next-generation real estate brokerage. The median sale price was $285,700 across the markets Redfin serves. This was the strongest February for price appreciation since March 2014. February also marks six years, or 72 consecutive months, of year-over-year price increases since th... 
March 01, 2018Despite Record-High Costs, New Home Construction Showed Modest Growth in the Fourth Quarter, Redfin Finds
Builders Cited Labor and Land Shortage, Rising Lumber and Regulatory Costs as Top Barriers to Building More Homes In Raleigh, 31.2 Percent of All Homes Sold in Q4 Were New Construction, the Highest Share of Any Metro SEATTLE , March 1, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- New construction homes accounted for 16.4 percent of all single-family homes for sale in the fourth quarter of 2017, up from 14.2 a year earlier, according to Redfin (www.redfin.com), the next-generation r... 
February 27, 2018Redfin Housing Demand Index Started 2018 With Its Highest January Reading on Record
More Buyers Toured Homes Than a Year Earlier, but Fewer Made Offers SEATTLE, Feb. 27, 2018 /PRNewswire/ -- (NASDAQ: RDFN) — The Redfin Housing Demand Index began the year strong at 130.5 in January, up 0.5 percent month over month according to Redfin (www.redfin.com), the next-generation real estate brokerage. The seasonally adjusted number of buyers requesting home tours remained unchanged from December to January, while the number making offers increased 1.2 percent. Compared with January 2... 
February 26, 2018Redfin Survey: 35% of Recent Homebuyers Bid on a Home Before Seeing it in Person
45% of Millennial Homebuyers Made an Offer Sight-Unseen; More than Half of Respondents in Los Angeles Did So SEATTLE, Feb. 26, 2018 /PRNewswire/ -- (NASDAQ: RDFN)-- Thirty-five percent of people who bought a home last year said they made an offer without first seeing it in person, according to a late-2017 survey commissioned by to Redfin (www.redfin.com), the next-generation real estate brokerage. That's up from 33 percent in May 2017, and 19 percent in June 2016. This is based ... 
February 21, 2018Redfin Report: Seattle and Honolulu Move up the Ranks of the Best Cities for Public Transit in 2018
New York, San Francisco and Boston Top the 2018 Transit Score Rankings SEATTLE, Feb. 21, 2018 /PRNewswire/ -- (NASDAQ: RDFN) — New York , San Francisco and Boston are 2018's best cities for public transit according to new Transit Score® rankings by Redfin (www.redfin.com), the next-generation real estate brokerage. Transit Score, a tool by Redfin company Walk Score®, rates locations based on how convenient they are to public transportation. Each of the top three citi... 
February 15, 2018Redfin: Strong January Home Price Growth and Declining Inventory Signal Another Competitive Spring for Homebuyers
Home Sales Fell in January Due to Inventory Shortage and Tax Reform Uncertainty SEATTLE, Feb. 15, 2018 /PRNewswire/ -- (NASDAQ: RDFN) — Home prices increased 7.8 percent year over year in January, according to Redfin (www.redfin.com), the next-generation real estate brokerage. The median sale price was $280 ,500  across the markets Redfin services. Sales were down 7.9 percent annually as the ongoing inventory shortage showed no signs of ending. The number of homes fo... 
February 12, 2018Redfin Survey: Just 6% of Homebuyers Would Cancel Plans to Buy if Mortgage Rates Surpassed 5%
27% Would Slow Their Home Search; 25% Said the Rate Increase Would Have No Impact on their Home-buying Plans SEATTLE, Feb. 12, 2018 /PRNewswire/ -- (NASDAQ: RDFN)-- Just 6 percent of prospective homebuyers would halt their home search if mortgage rates rose above 5 percent, according to a late-2017 survey commissioned by (www.redfin.com), the next-generation real estate brokerage. This represents a modest one-point increase in the portion of buyers who responded this way to a sim... 
February 07, 2018Redfin Migration Report: Affordable Inland Metros Drew People from San Francisco, New York and Los Angeles
Sacramento, Phoenix and Las Vegas Were the Most Popular Migration Destinations at Year End SEATTLE, Feb. 7, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- In the fourth quarter of 2017, people in expensive, high-tax coastal markets like San Francisco, New York and Los Angeles, searched for homes in more affordable metros with lower taxes like Sacramento, Phoenix, Las Vegas and Nashville, according to the latest Migration Report from Redfin (www.redfin.com), the next-generation real estate brokerag... 
February 06, 2018Redfin Survey: 15% Of Respondents Sold Their Home Or Did Not Buy Last Year Due To Concerns About Immigration Policies
SEATTLE — Feb. 6, 2018 — (NASDAQ: RDFN)-- Fifteen percent of respondents to a 2017 housing market sentiment survey said they either sold their home or did not buy one last year because of concerns about how restrictive immigration policies or proposals would affect them, according to Redfin (www.redfin.com), the next-generation real estate brokerage. From November 1 to December 6, 2017, Redfin commissioned a survey of 4,270 U.S. residents in 14 metropolitan areas who bought or sold a home ... 
February 05, 2018Redfin Report: Wildfires Threaten $1.5 Trillion Worth of Homes in the United States
Housing Markets in California's Los Angeles, Orange and Santa Clara Counties are at the Greatest Risk of Wildfire Destruction but Local Homebuyers are Not Deterred SEATTLE , Feb. 5, 2018 /PRNewswire/ -- (NASDAQ: RDFN) — Wildfires threaten $1.5 trillion worth of homes in the United States , representing a disproportionately large portion--7.7 percent--of U.S. housing value, according to Redfin, (www.redfin.com), the next-generation real estate brokerage. The countie... 
February 02, 2018Redfin Brings 1% Listing Fee to San Francisco
Home Sellers Get Full Service and Save Thousands in Fees Listing with a Redfin Agent SAN FRANCISCO , Feb. 2, 2018 /PRNewswire/ -- (NASDAQ: RDFN) — Redfin (www.redfin.com), the technology-powered real estate brokerage, announced it has extended its 1 percent listing fee to home sellers across the San Francisco Bay Area . San Francisco joins 25 other Redfin markets, including Los Angeles , San Diego and Sacramento , where Redfin's home-selling customers ... 
February 01, 2018Redfin Mortgage Launches in Virginia
Tech-powered lender offers 30-day closing guarantee ARLINGTON, Va. , Feb. 1, 2018 /PRNewswire/ -- (NASDAQ: RDFN) — Redfin Mortgage, LLC is now offering loans to homebuyers in Virginia , announced Redfin Corporation (www.redfin.com), the next-generation real estate brokerage. Redfin Mortgage offers fixed- and adjustable-rate conforming mortgages as well as jumbo loans for higher-priced homes in every state where it operates. Redfin Mortgage also offers a 30... 
January 30, 2018Redfin Pits Boston Against Philadelphia In A Super Bowl City Showdown
The Patriots May Have the Better Super Bowl Record, But Homeownership is More Within Reach in Philadelphia SEATTLE — January 30, 2018 — (NASDAQ: RDFN)--Philadelphians are more likely to own their homes than Bostonians, but homes in Boston are bigger, according to a Super Bowl City Showdown analysis conducted by Redfin (www.redfin.com), the next-generation real estate brokerage. In a new report, Redfin examines housing affordability and other aspects of livability in Boston and Philadelphia to se... 
January 30, 2018Redfin Housing Demand Index Remained Nearly Flat In December As Supply Continued To Fall
More Buyers Toured Homes Than a Year Earlier, but Fewer Made Offers SEATTLE, Jan. 30, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- The Redfin Housing Demand Index remained nearly flat into the end of 2017, falling 0.6 percent from 128.3 in November to 127.6 in December, according to Redfin (www.redfin.com), the next-generation real estate brokerage. The seasonally adjusted number of buyers requesting home tours fell by 3.4 percent, while the number making offers fell 1.8 percent from November. ... 
January 29, 2018Redfin Predicts the Hottest Neighborhoods of 2018
Nine of the 10 Hottest Neighborhoods of 2018 are in San Jose, a Popular Destination for Tech Workers Priced Out of San FranciscoRedfin Also Named 2018’s Hottest Neighborhoods Within Reach, Led by Hillcrest and Deanwood in D.C. and Riverview in SeattleRedfin Identifies the Three Hottest Neighborhoods in each of 49 Major U.S. Metro Areas SEATTLE — January 29, 2018 — (NASDAQ: RDFN) — Redfin (www.redfin.com), the next-generation real estate brokerage, today announced its 6th annual list of n... 
January 25, 2018Redfin Real Estate Agents Earned More than Double that of Traditional Agents in 2017
Redfin Agents Also Received Comprehensive Healthcare Benefits, Paid Time Off, Parental Leave and Growth OpportunitiesSEATTLE, Jan. 25, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- Redfin (www.redfin.com), the next-generation real estate brokerage, today issued a report detailing how much its real estate agents earn compared to the rest of the real estate industry, and compared to other professions. The report also outlines the other benefits of working at the company, including comprehensive ben... 
January 25, 2018Redfin: Luxury Home Prices Up 7 Percent In The Fourth Quarter
Stock Market Rally Drove Demand for High-End Homes as Supply Waned for the Third Consecutive Quarter SEATTLE, Jan. 25, 2018 /PRNewswire/ -- (NASDAQ: RDFN)-- Luxury home prices rose 7.4 percent year over year to an average of $1.76 million in the fourth quarter of 2017, according to the latest luxury market report from Redfin (www.redfin.com), the next-generation real estate brokerage. The analysis tracks home sales in more than 1,000 cities across the country and defines the luxury ma... 
January 18, 2018Redfin: 2017 Closed with Strong Home Price Growth, Up 7 Percent in December
- For the full year, 2017 home sales increased 1.7 percent over 2016, while prices gained 7.0 percent. The median 2017 sale price was $284,500. - National home prices rose 6.8 percent in December as inventory declined 14.5 percent.- Facing the Lowest Supply on Record, San Jose Had Higher Price Growth, More Competition and Faster Sales than Any Other Market in December.SEATTLE, Jan. 18, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- Home prices finished the year strong, up 6.8 percent in D... 
January 16, 2018Tech-Powered Real Estate Brokerage Redfin Expands to Asheville, N.C.
January 16, 2018Homebuyers and Sellers Can Now Search for Homes on Redfin Website and App and Work with Redfin AgentsASHEVILLE, N.C., Jan. 16, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- Redfin (www.redfin.com), the next-generation real estate brokerage, today announced the debut of its home-buying and selling services in Asheville, N.C.  Redfin, which also announced its launch in Connecticut today, has a mission to reinvent real estate in the consumer's favor. Redfin pairs personal service... 
January 16, 2018Tech-Powered Real Estate Brokerage Redfin Launches in Connecticut
January 16, 2018Homebuyers and Sellers Can Now Search for Homes on Redfin Website and App and Work with Redfin AgentsFAIRFIELD, Conn., Jan. 16, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- Redfin (www.redfin.com), the next-generation real estate brokerage, today announced the debut of its home-buying and selling services in Connecticut. Redfin, which also announced its launch in Asheville, N.C., today, has a mission to reinvent real estate in the consumer's favor. Redfin pairs personal service from Re... 
January 11, 2018Redfin Mortgage Launches in Pennsylvania
January 11, 2018Tech-powered lender offers 30-day closing guaranteePHILADELPHIA, Jan. 11, 2018 /PRNewswire/ -- (NASDAQ: RDFN) — Redfin Mortgage, LLC is now offering loans to homebuyers in Pennsylvania, announced Redfin Corporation (www.redfin.com), the next-generation real estate brokerage. Redfin Mortgage offers fixed- and adjustable-rate conforming mortgages as well as jumbo loans for higher-priced homes in every state where it operates.Redfin Mortgage also offers a 30-day closing guarant... 
January 08, 2018Redfin Identifies 25 Neighborhoods That “Have It All”: Affordable Homes, Highly Rated Schools, an Easy Commute and Plenty of Inventory
Chicago’s Dunning and Ashburn Top the List, Followed By Squirrel Hill in PittsburghSEATTLE — January 8, 2018 — (NASDAQ: RDFN) — Just 25 neighborhoods have a mix of affordable homes, highly rated schools, access to public transit and plenty of inventory, according to an analysis of 80 major U.S. markets conducted by Redfin, (www.redfin.com), the next-generation real estate brokerage. More than half of the neighborhoods on Redfin’s list of neighborhoods that “have it all” are in the Chicago a...