News Releases

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March 05, 2021
SEATTLE , March 5, 2021 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following virtual event:     Wolfe Virtual FinTech Forum Thursday, March 11, 2021 , at 3:40 p.m. ET Link to the live webcast, as well as the
March 05, 2021
Redfin reports that median asking and selling prices both climbed by double digits to new all-time highs. SEATTLE , March 5, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The median home-sale price increased 16% year over year to $323,600 , an all-time high, according to a new report from Redfin (
March 04, 2021
Houses, not condos, are driving renewed homebuyer interest in cities SEATTLE , March 4, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The median home-sale price in urban areas nationwide rose 15.9% year over year to $292,263 in the four weeks ending February 21 , according to a new report from Redfin (
March 03, 2021
SEATTLE , March 3, 2021 /PRNewswire/ --  Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will attend the following virtual event:     Tenth Annual Susquehanna Technology Conference Wednesday, March 10, 2021 About Redfin Redfin ( www.redfin.com ) is a
March 03, 2021
Single women purchased 9% more homes in the fourth quarter of 2020 than a year ago, compared with a 4.5% uptick for single men SEATTLE , March 3, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Despite the fact that the coronavirus-driven recession disproportionately impacted women in 2020, single women
March 02, 2021
SEATTLE , March 2, 2021 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following virtual event:     2021 Truist Securities Technology, Internet & Services Conference Tuesday, March 9, 2021 , at 12:10 p.m.
March 02, 2021
Redfin Premier Offers Premium Marketing Program for Million-Dollar Homes SEATTLE , March 2, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Redfin ( www.redfin.com ), the technology-powered real estate brokerage, announced it has expanded its Redfin Premier offering for high-end home sellers into some of the
March 01, 2021
Record-low mortgage rates and remote work are driving scores of Americans to buy bigger homes in more affordable places, but those same factors are fueling fierce bidding wars, skyrocketing prices and an intensifying housing shortage SEATTLE , March 1, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — As the
February 26, 2021
Redfin reports a record 43% of homes spent a week or less on the market SEATTLE , Feb. 26, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The median home sale price increased 15% year over year to $321,250 , according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage.
February 25, 2021
The average fee paid to buyers' agents was 2.7% in 2020; Real estate commissions are expected to decline as a federal legal battle ushers in a new era of transparency around real estate commissions SEATTLE , Feb. 25, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Today Redfin ( www.redfin.com ), the
February 25, 2021
A record 31% of Redfin.com users looked to move to a different metro in January, driven by homebuyers relocating to relatively affordable metro areas SEATTLE , Feb. 25, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Nationwide, 30.7% of Redfin.com users looked to move to a different metro in January,
February 24, 2021
SEATTLE , Feb. 24, 2021 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced financial results for the fourth quarter and full year ended December 31, 2020 . All financial measures, unless otherwise noted, are presented on a GAAP basis and include stock-based compensation, depreciation
February 23, 2021
Nine unique strategies to help homebuyers win that don't require paying all cash or waiving contingencies SEATTLE , Feb. 23, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Today's housing market is one of the most competitive in history, with 56% of Redfin home offers facing competition nationwide in
February 19, 2021
Supply couldn't keep up with demand as new listings of homes for sale fell 6% from a year earlier and the number of homes on the market was down 24% to an all-time low SEATTLE , Feb. 19, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The national median home-sale price rose 14% year over year to $330,500 in
February 19, 2021
Acquisition brings together a leading site for homebuying with a leading site for rental listings SEATTLE and ATLANTA , Feb. 19, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Redfin ( www.redfin.com ) has entered into an agreement to acquire RentPath ( www.rentpath.com ), the Atlanta -based owner of
February 18, 2021
SEATTLE , Feb. 18, 2021 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following virtual event:     Wedbush Real Estate Technology Conference Thursday, March 4, 2021 Link to the replay will be available at
February 17, 2021
Los Angeles is on the opposite end of the spectrum, with more than three-quarters of homes in expensive neighborhoods SEATTLE , Feb. 17, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — One in five residential properties across 30 of the largest American cities are in economically integrated neighborhoods,
February 17, 2021
Homebuyers and homeowners can use data to understand a home's flood risk over the lifespan of a 30-year mortgage SEATTLE , Feb. 17, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Redfin ( www.redfin.com ), the technology-powered real estate brokerage, is now publishing flood risk information for nearly
February 12, 2021
Redfin reports median prices rose 15%, pending home sales were up 29%, and new listings fell 11% from the same period a year earlier. SEATTLE , Feb. 12, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The median home sale price increased 15% year over year to $318,750 , according to a new report from Redfin
February 12, 2021
Pricey homes are most likely to see bidding wars, with more than 65% of homes priced between $800,000 and $1 million facing competition in January, the highest share of any price bucket SEATTLE , Feb. 12, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Nationwide, 55.9% of Redfin offers for homes faced
February 10, 2021
SEATTLE , Feb. 10, 2021 /PRNewswire/ --  Redfin Corporation (NASDAQ: RDFN) will release fourth-quarter and full-year 2020 results after the stock market closes on Wednesday, February 24, 2021 . The company will host a live webcast of its conference call to discuss the results at 1:30 p.m.
February 10, 2021
A Redfin analysis of over 220,000 home sales found no consistent relationship between the addition of low-income housing and changes in nearby home prices in most metros SEATTLE , Feb. 10, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Construction of low-income housing developments has had no consistent
February 10, 2021
Homebuyer interest in million-dollar-plus homes reached a record high in January, reflecting the K-shaped economic recovery that's unequally benefiting affluent Americans SEATTLE , Feb. 10, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Nationwide, 10.8% of saved searches on Redfin.com filtered exclusively
February 09, 2021
Pandemic-driven demand for vacation homes is continuing into 2021 as mortgage applications for second homes see their eighth consecutive month of 80%-plus growth SEATTLE , Feb. 9, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Mortgage applications for second homes soared 84% year over year in January,
February 08, 2021
Brokerage is now displaying the commission for all listings in all available markets, expects greater transparency will create more competition for consumers SEATTLE , Feb. 8, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Redfin ( www.redfin.com ), the technology-powered real estate brokerage, is now
February 05, 2021
New listings were down 12%; active listings of homes for sale were down 36% from a year ago SEATTLE , Feb. 5, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Asking prices of newly-listed homes hit a new all-time record of $330,225 , up 10% from the same time a year ago, according to a new report  from
February 04, 2021
28% of Redfin.com users looked to move to another metro area in 2020, up from 25.5% in 2019, driving double-digit inventory shortages in popular destinations SEATTLE , Feb. 4, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Nationwide, 27.8% of Redfin.com users looked to move to another metro area in 2020,
February 03, 2021
Homebuyer demand is up 60%, as 13% fewer homes are being listed than this time last year SEATTLE , Feb. 3, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The extreme pandemic-driven seller's market is intensifying and will likely last through the first half of the year, according to a new report from Redfin
February 03, 2021
Amazon's recent pledge aims to help address the housing affordability problem in certain areas. Even huge amounts of money - like Amazon's commitment of $2 billion - will only have a minor impact on the share of families who spend more than 30% of their income on rent. SEATTLE , Feb.
January 29, 2021
Last week saw the largest share of pending homes find buyers within 14 days in at least 9 years SEATTLE , Jan. 29, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The median home sale price increased 15% year over year to $318,280 , according to a new report from Redfin ( redfin.com ), the technology-powered
January 29, 2021
Homes in rural areas are selling a month faster than last year, and prices are up 16% SEATTLE , Jan. 29, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The number of homes for sale in rural areas nationwide started the year down a record 44.4% compared to a year ago, according to a new analysis from Redfin
January 28, 2021
Affluent New Yorkers are flocking to Florida in search of sunshine and lower taxes during the pandemic, fueling the luxury housing markets in West Palm Beach and Miami, where high-end home prices are up 18%. SEATTLE , Jan. 28, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Luxury home sales in West Palm
January 22, 2021
Home prices rose 15% from the same time a year ago SEATTLE , Jan. 22, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The median home sale price increased 15% year over year to $318,750 , according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage.
January 21, 2021
Out-of-towners have bigger budgets than locals in 31 of the 34 cities included in Redfin's analysis, and they're driving up home prices SEATTLE , Jan. 21, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Nashville tops the list of cities with the biggest budget difference between out-of-town and local
January 19, 2021
A record 30% of Redfin.com users looked to move to a different metro area SEATTLE , Jan. 19, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Nationwide, 30.3% of Redfin.com users looked to move to a different metro area in the fourth quarter of 2020, according to a new report  from Redfin ( www.redfin.com ),
January 15, 2021
Redfin reports that new listings fell 3%, the first annual decline since July even as pending sales were up 35%. SEATTLE , Jan. 15, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The median home sale price increased 14% year over year to $320,025 , according to a new report from Redfin ( redfin.com ), the
January 15, 2021
Competition tapered slightly over the holidays, but remained fierce as insufficient housing supply failed to keep up with insatiable demand SEATTLE , Jan. 15, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Nationwide, 49.7% of home offers written by Redfin agents faced bidding wars in December, according to
January 14, 2021
About 1 in 10 home tour requests to Redfin agents are for a remote video tour SEATTLE , Jan. 14, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Nearly two thirds (63%) of people who bought a home last year made an offer on a property that they hadn't seen in person, the highest share since at least 2015.
January 14, 2021
Pending-sales growth of 35% far outpaced that of new listings, up 14% SEATTLE , Jan. 14, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The national median home-sale price rose 13% year over year to $334,300 in December, according to a new report from Redfin ( www.redfin.com ), the technology-powered real
January 12, 2021
Twenty-seven percent of homebuyers believe migration will make the country less divided, but the same share believe it will make the country more divided SEATTLE , Jan. 12, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — Two-thirds of homebuyers and sellers would consider moving—or already have moved—to a
January 08, 2021
New listings were up just 7% and total active listings were down 32% from 2020. SEATTLE , Jan. 8, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The median home sale price increased 13% year over year to $319,000 during the 4-week period ending January 3 , according to a new report from Redfin ( redfin.com
January 06, 2021
RedfinNow gives homeowners a convenient, flexible and safe home-selling option PHOENIX , Jan. 6, 2021 /PRNewswire/ -- (NASDAQ: RDFN) -- RedfinNow announced it has launched in the Phoenix metro area, giving homeowners a convenient new way to sell. RedfinNow is the iBuying service from Redfin (