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Redfin Corp

8.55

+0.32003.89%

Volume:1.74M

Turnover:14.80M

Market Cap:1.09B

PE:-6.27

High:8.60

Open:8.37

Low:8.33

Close:8.23

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Overview Company News Filings

Redfin Publishes 2025 Industry Survey

Mr. Cooper to Be Acquired by Rocket Companies in a $9.4B Deal

Big City Comeback: Homebuyer Competition Is Rising Fastest in the Bay Area, New York

Rocket CEO discusses $11 billion acquisition spree and impact of Trump tariffs on housing

BREAKINGVIEWS-Rocket’s housing expansion cramps existing lodgers

Redfin and Rocket Shares Fall After Mr. Cooper Deal

Rocket Uses Stock to Scoop More of Mortgage Market -- Market Talk

BUZZ-Mr Cooper surges on $9.4 billion takeover deal with Rocket Companies

Bad news for home buyers: Mortgage rates remain stuck near 7%

New York, Midwest Suburbs Are Hottest Neighborhoods in 2025 -- Market Talk

U.S. Monthly Housing Payments Hit All-Time High -- Market Talk

New York and the Midwest Dominate Redfin’s Hottest Neighborhoods of 2025

Redfin Reports Monthly Housing Payments Hit All-Time High

Young Americans' Homeownership Rates Hold Steady in 2024, Redfin Says

Younger Americans Stall in Homeowning Arena -- Market Talk

L.A.-Area Home Sales Decline Significantly After Wildfires -- Market Talk

Redfin Is Maintained at Neutral by JP Morgan

Redfin Reports Home Sales Dropped Significantly in Altadena and the Pacific Palisades in Aftermath of Los Angeles Wildfires

THOMSON REUTERS

Redfin Reports Gen Z and Millennial Homeownership Rates Flatlined in 2024 as Housing Costs Soared

THOMSON REUTERS

Redfin Reports Gen Z and Millennial Homeownership Rates Flatlined in 2024 as Housing Costs Soared

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SEATTLE, April 02, 2025---- — Redfin, the technology-powered real estate brokerage, today released the results of its 2025 Industry Survey, offering key insights into how real estate agents view their careers, the housing market, and hot-button industry issues. The report highlights the opportunities and challenges agents see in this evolving market and the increasing pressures brought on by economic uncertainty and industry reforms.The report is based on a Redfin-commissioned Ipsos survey of 500 agents from various brokerages, conducted between December 2024 and January 2025. It identifies several key themes shaping the industry:. Agents Expect Commissions to Decline: Roughly half  of agents say the average buyer’s agent commission has remained about the same since the NAR settlement changes took effect in August. However, mor","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/redfin-publishes-2025-industry-survey-123000947.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["RDFN","BK4079","BK4548"],"gpt_icon":0},{"id":"2524672110","title":"Mr. Cooper to Be Acquired by Rocket Companies in a $9.4B Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2524672110","media":"Zacks","labels":["corporation","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524672110?lang=en_us&edition=fundamental","pubTime":"2025-04-01 20:23","pubTimestamp":1743510180,"startTime":"0","endTime":"0","summary":"Rocket Companies’ acquisition of Mr. Cooper will expand its homeownership platform significantly. This will strengthen its position as a leading mortgage servicer and originator. By leveraging its larger servicing portfolio, the company aims to maintain its industry-leading recapture rate of 83%, which is three times the industry average.The acquisition will also enhance RKT’s data capabilities, adding nearly 7 million new clients and 150 million annual customer interactions. This expanded dataset will improve automation, personalization and overall operational efficiency. Moreover, the combined entity will benefit from a more balanced business model, allowing it to generate stable earnings across various interest rate environments. With high-margin recapture opportunities, the servicing portfolio is expected to continue producing significant revenues, having generated $4 billion in servicing fees last year.Rocket anticipates substantial financial benefits from the transaction, includi","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/mr-cooper-acquired-rocket-companies-122300365.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"corporation,merge","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4079","BK4229","COO","COOP","LU2211815571.USD","BK4195","LU2272731600.USD","GB00BDT5M118.USD","LU1992135472.HKD","RDFN","BK4585","LU2272731782.SGD","RKT","BK4198","BK4548","BK4547","LU1992135399.USD","BK4588"],"gpt_icon":0},{"id":"2524113504","title":"Big City Comeback: Homebuyer Competition Is Rising Fastest in the Bay Area, New York","url":"https://stock-news.laohu8.com/highlight/detail?id=2524113504","media":"Business Wire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524113504?lang=en_us&edition=fundamental","pubTime":"2025-04-01 20:00","pubTimestamp":1743508800,"startTime":"0","endTime":"0","summary":"Redfin reports 57% of homes in San Francisco sold above their list price in February, up from 50% a year earlier—the biggest jump among the top 50 metros.SEATTLE, April 01, 2025---- — Eight of the 50 most populous U.S. metropolitan areas saw an increase in the share of homes selling for above their original list price in February, and half of those metros are in the Bay Area or New York. That’s according to a new report from Redfin , the technology-powered real estate brokerage.Nationwide, 1 in 5 Homes Sell for More Than Their Original List Price. Many home sellers shoot for the moon when pricing their homes and end up getting less money than they hoped for. That’s increasingly the case today because 2025 is shaping up to be a buyer’s market due to elevated mortgage rat","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/big-city-comeback-homebuyer-competition-120000546.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4548","BK4211","CHCO","RDFN","BK4079"],"gpt_icon":0},{"id":"2524397514","title":"Rocket CEO discusses $11 billion acquisition spree and impact of Trump tariffs on housing","url":"https://stock-news.laohu8.com/highlight/detail?id=2524397514","media":"Yahoo Finance","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524397514?lang=en_us&edition=fundamental","pubTime":"2025-04-01 02:15","pubTimestamp":1743444949,"startTime":"0","endTime":"0","summary":"Rocket Companies  CEO Varun Krishna has gone on a spring spending spree.Rocket made its second significant acquisition of the month on Monday as it looks to gain share in the fragmented mortgage servicing industry.The company will acquire mortgage servicer Mr. Cooper  for $9.4 billion in stock. The combined company will service more than $2.1 trillion in loan volume. Mr. Cooper boasts 7 million clients.\"Our vision is that we want to build an integrated homeownership platform,\" Krishna said on Yahoo Finance's Wealth . \"We want to make the entire experience of homeownership, from home search to origination to servicing, seamless and frictionless for our clients.\". \"We feel great about the story with our investors and our shareholders. We are building a generational company,\" Krishna said.Read the latest financial and business news from Yahoo Finance","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/rocket-ceo-discusses-11-billion-acquisition-spree-and-impact-of-trump-tariffs-on-housing-181549250.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4195","BK4229","BK4547","RKT","BK4079","RDFN","COOP","BK4548"],"gpt_icon":0},{"id":"2524978189","title":"BREAKINGVIEWS-Rocket’s housing expansion cramps existing lodgers","url":"https://stock-news.laohu8.com/highlight/detail?id=2524978189","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524978189?lang=en_us&edition=fundamental","pubTime":"2025-04-01 01:28","pubTimestamp":1743442133,"startTime":"0","endTime":"0","summary":"BREAKINGVIEWS-Rocket’s housing expansion cramps existing lodgersThe author is a Reuters Breakingviews columnist.  The opinions expressed are her own.By Jennifer  SabaNEW YORK, March 31 (Reuters Breaki","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250331:nL3N3QE0Z9:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU2023250843.SGD","LU0208291251.USD","LU1917777945.USD","LU2357305700.SGD","BK4566","RDFN","BK4195","LU1084165304.USD","LU1720051108.HKD","LU2023250504.SGD","IE00BJTD4N35.SGD","LU0417517546.SGD","LU0976567544.SGD","LU1064131342.USD","LU2242649171.HKD","LU2430703178.SGD","RKT","BK4504","IE00BZ1G4Q59.USD","LU0211326755.USD","BK4547","LU1988902786.USD","LU1914381329.SGD","LU0048584097.USD","LU0820561909.HKD","LU2430703095.HKD","LU0345769128.USD","IE00BFXG1179.USD","LU0689472784.USD","IE0034235295.USD","LU2592432038.USD","BK4207","LU2505996509.AUD","LU2552382215.SGD","COOP","LU0203347892.USD","LU0106831901.USD","LU1629891620.HKD","LU2237443895.HKD","BK4588","LU0683600562.USD","LU2237443622.USD","LU0820561818.USD","IE00BN8TJ469.HKD","LU2552382132.HKD","LU0256863811.USD","LU1267930490.SGD","LU2430703251.USD","LU1244550494.USD","LU1894683348.USD"],"gpt_icon":0},{"id":"2524937978","title":"Redfin and Rocket Shares Fall After Mr. Cooper Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2524937978","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524937978?lang=en_us&edition=fundamental","pubTime":"2025-04-01 01:23","pubTimestamp":1743441780,"startTime":"0","endTime":"0","summary":"Redfin and Rocket Cos. shares fell after Rocket signed a $9.4 billion all-stock deal to acquire Mr. Cooper Group weeks after striking a stock-based deal to buy Redfin.Shares of Rocket were down 9.4% at $11.91 on Monday, while shares of Redfin declined 11% to $9.05.The two companies said on March 10 that Rocket would buy Redfin in a $1.75 billion all-stock deal that values Redfin shares at $12.50 apiece. Redfin's stock jumped by 68% to close at $9.77 that day, while shares of Rocket pulled back 15% to $13.35.On Monday, Rocket said it had notched another deal to buy Mr. Cooper in a transaction that values the mortgage servicer's shares at $143.33. Mr. Cooper shares have climbed 14% to $119.41.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4195","LU1992135399.USD","LU1992135472.HKD","LU2272731782.SGD","BK4548","LU2272731600.USD","BK4547","GB00BDT5M118.USD","BK4229","BK4079","COO","LU2211815571.USD","BK4198","RKT","BK4585","BK4588","COOP","RDFN"],"gpt_icon":0},{"id":"2523947037","title":"Rocket Uses Stock to Scoop More of Mortgage Market -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2523947037","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2523947037?lang=en_us&edition=fundamental","pubTime":"2025-03-31 21:50","pubTimestamp":1743429000,"startTime":"0","endTime":"0","summary":"0950 ET - Rocket Cos. is heating up the tepid M&A market with another big all-stock acquisition, this time buying servicer Mr. Cooper Group with a deal that carries an equity value of $9.4 billion. The owner of Rocket Mortgage scooped up real-estate broker Redfin with a $1.75 billion all-stock transaction earlier this month. The deals combine Rocket, the largest U.S. mortgage originator, with the most visited real-estate brokerage website in Redfin and the largest U.S. mortgage servicer in Mr. Cooper, Rocket says in an investor presentation. Rocket's CEO told The Wall Street Journal earlier this month that the company is building a one-stop shopping platform for homebuyers. Mr. Cooper Group shares rocket 13% in early trading. ","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["COOP","RDFN","BK4229","BK4548","BK4079","BK4195","BK4547","RKT"],"gpt_icon":0},{"id":"2523945488","title":"BUZZ-Mr Cooper surges on $9.4 billion takeover deal with Rocket Companies","url":"https://stock-news.laohu8.com/highlight/detail?id=2523945488","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2523945488?lang=en_us&edition=fundamental","pubTime":"2025-03-31 20:07","pubTimestamp":1743422828,"startTime":"0","endTime":"0","summary":"BUZZ-Mr Cooper surges on $9.4 billion takeover deal with Rocket Companies     ** Home loan service provider Mr Cooper's COOP.O shares rise 26.6% to $132.03 premarket      ** Mortgage lender Rocket Com","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250331:nL4N3OY17C:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4079","BK4548","RKT","COOP","BK4195","BK4547","BK4229","RDFN"],"gpt_icon":0},{"id":"2522891315","title":"Bad news for home buyers: Mortgage rates remain stuck near 7%","url":"https://stock-news.laohu8.com/highlight/detail?id=2522891315","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522891315?lang=en_us&edition=fundamental","pubTime":"2025-03-28 00:16","pubTimestamp":1743092160,"startTime":"0","endTime":"0","summary":"Rates aren't moving up or down much but that offers more stability for home buyers, mortgage industry says. Home buyers continue to face steep borrowing costs as the spring home buying season approaches, with mortgage rates remaining largely frozen over the last four weeks.But rates are double what they were five years ago. In late March 2020, the 30-year fixed-rate mortgage averaged 3.5%.Some in the mortgage industry said that the fact that rates were largely unchanged offered stability to buyers. \"For home buyers, particularly first-time buyers, a more stable rate environment allows for better planning and budgeting,\" Samir Dedhia, chief executive of One Real Mortgage, said in a statement.In this current environment of high rates and high home prices, \"home affordability is seriously constrained and the dream of homeownership feels out of reach to over [one] million Americans who are not striking out on their own because they cannot afford a mortgage payment on a house that meets the","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0314104364.USD","BK4585","BK4088","BK4504","FMCC","BK4195","BK4229","BK4548","BK4559","BK4596","RDFN","BK4079","LEN","BK4588","CFA.SI"],"gpt_icon":0},{"id":"2522307863","title":"New York, Midwest Suburbs Are Hottest Neighborhoods in 2025 -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2522307863","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522307863?lang=en_us&edition=fundamental","pubTime":"2025-03-27 22:25","pubTimestamp":1743085500,"startTime":"0","endTime":"0","summary":"1025 ET - Five of the 10 hottest neighborhoods of 2025 are in Midwest suburbs, Redfin says, alongside pricey coastal areas like New York and San Francisco, where office returns boost demand. Brooklyn's Prospect Heights/Clinton Hill tops the list with a 105% sales surge; three New York zip codes are featured overall. Midwest suburbs are gaining traction as affordable alternatives, drawing buyers priced out of urban centers. Homes in these top 10 areas are selling faster than last year, defying a national slowdown, but inventory lags--six of the 10 saw fewer listings--are driving 100%+ increases in views on Redfin.com. Nationally, listings rose 10.7% in February, yet demand outpaces supply in these hotspots. ","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["RDFN","BK4548","MDWT","BK4162","BK4079"],"gpt_icon":0},{"id":"2522044963","title":"U.S. Monthly Housing Payments Hit All-Time High -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2522044963","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522044963?lang=en_us&edition=fundamental","pubTime":"2025-03-27 22:08","pubTimestamp":1743084480,"startTime":"0","endTime":"0","summary":"1008 ET - The average U.S. homebuyer's monthly payment reached a record $2,807 in late March, up 5.3% from last year, Redfin says. Rising sale prices--up 3% annually--and mortgage rates averaging 6.67%--double pandemic lows--are driving the surge. Though rates fell from January's 7.04%, high costs still stifle sales, with pending home sales down 4.6%. But spring seems to be sparking activity: mortgage applications hit a seasonal peak since February, home tours outpace last year, and \"homes for sale\" searches have soared. New listings jumped 7.5%, the biggest rise in 2025. If listings grow and rates drop, pending sales could rebound. Redfin agents have said that some buyers are negotiating successfully despite high prices. ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4079","BK4548","RDFN"],"gpt_icon":0},{"id":"2522308127","title":"New York and the Midwest Dominate Redfin’s Hottest Neighborhoods of 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2522308127","media":"Business Wire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522308127?lang=en_us&edition=fundamental","pubTime":"2025-03-27 20:30","pubTimestamp":1743078600,"startTime":"0","endTime":"0","summary":"As buyers return to neighborhoods in New York and San Francisco, the popularity of Midwestern suburbs is on the rise. SEATTLE, March 27, 2025---- — Five of Redfin’s 10 hottest neighborhoods of 2025 are in Midwest suburbs, according to a new report from Redfin , the technology-powered real estate brokerage. Pricey coastal cities are also in high demand, with neighborhoods in New York and San Francisco making the list as workers return to the office following the pandemic.Redfin analyzed and ranked U.S. zip codes in the 150 most populous metro areas by year-over-year growth in listing views on Redfin.com and Redfin Compete Score—a measure of how difficult it is to win a home. All data represents January 1 - February 28. The neighborhoods are:","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/york-midwest-dominate-redfin-hottest-123000130.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4162","BK4548","BK4079","RDFN","MDWT"],"gpt_icon":0},{"id":"2522537223","title":"Redfin Reports Monthly Housing Payments Hit All-Time High","url":"https://stock-news.laohu8.com/highlight/detail?id=2522537223","media":"Business Wire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522537223?lang=en_us&edition=fundamental","pubTime":"2025-03-27 20:00","pubTimestamp":1743076800,"startTime":"0","endTime":"0","summary":"The median monthly mortgage payment reached a record high this week, putting a lid on pending home sales. New listings, on the other hand, are improving.SEATTLE, March 27, 2025---- — The typical U.S. homebuyer’s monthly housing payment hit an all-time high of $2,807 during the four weeks ending March 23, up 5.3% from a year earlier. That’s according to a new report from Redfin , the technology-powered real estate brokerage.Housing costs are soaring for two reasons. One, sale prices keep rising; the median home-sale price is up 3% year over year. Two, the average weekly mortgage rate is 6.67%—more than double pandemic-era lows. But rates have dropped from an eight-month high of 7.04% in January; monthly payments would be even higher if not for the recent decline in rates.Sellers are entering the market faster than buyers. New listings of homes for sale are up 7.5% year over year, the biggest increase so far in 2025. If new listings continue to rise and mortgage rates continue to decline","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/redfin-reports-monthly-housing-payments-120000252.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4079","BK4548","RDFN"],"gpt_icon":0},{"id":"2522083072","title":"Young Americans' Homeownership Rates Hold Steady in 2024, Redfin Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2522083072","media":"MT Newswires","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522083072?lang=en_us&edition=fundamental","pubTime":"2025-03-25 04:22","pubTimestamp":1742847722,"startTime":"0","endTime":"0","summary":"Homeownership among young Americans essentially held steady year over year in 2024 amid elevated prices and mortgage rates, according to a report published Monday by Redfin .About 26% of adult Gen Zers owned their home last year, largely flat compared to 2023 and 2022, the real estate brokerage said. The homeownership figure among millennials was also unchanged year over year, at nearly 55%.Sale prices and mortgage rates have rallied over the last few years, boosting housing costs amid low inventory, Redfin said. By spring last year, the monthly cost for a typical homebuyer hit an all-time high of roughly $2,800, according to its report.\"Some young people are placing less emphasis on owning their own home because they're prioritizing flexibility, while others continue renting because they can't afford to buy,\" Redfin Chief Economist Daryl Fairweather said. \"Buying a home is still typically a good financial investment, but for young people who don't have the desire or means to do so, th","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/young-americans-apos-homeownership-rates-202202097.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4079","BK4548","RDFN"],"gpt_icon":0},{"id":"2521754507","title":"Younger Americans Stall in Homeowning Arena -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2521754507","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521754507?lang=en_us&edition=fundamental","pubTime":"2025-03-24 22:58","pubTimestamp":1742828280,"startTime":"0","endTime":"0","summary":"1058 ET - Young Americans' homeownership momentum stalled in 2024, says Redfin. Gen Z's rate held at just over 25%, flat from 2023 and 2022. The story was similar for Millennials', with54.9% owning their home last year, essentially unchanged from 2023. Older generations saw slight gains: Gen X at 72.9%--up from 72%-- and baby boomers at 79.6%--up from 78.8%. Despite prime homebuying age, soaring prices and rapidly rising mortgage rates thwarted younger buyers. Low inventory kept prices high, with monthly payments hitting $2,800 by spring 2024. Rising wages couldn't keep pace with housing costs, disproportionately blocking young people, who lack equity from prior ownership, unlike older generations. ","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4548","BK4079","RDFN"],"gpt_icon":0},{"id":"2521315773","title":"L.A.-Area Home Sales Decline Significantly After Wildfires -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2521315773","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521315773?lang=en_us&edition=fundamental","pubTime":"2025-03-24 22:38","pubTimestamp":1742827080,"startTime":"0","endTime":"0","summary":"1038 ET - Home sales plummeted in Pacific Palisades and Altadena following January's devastating Los Angeles wildfires, Redfin reports. In February, Palisades saw 12 homes sold, a 56% drop year-over-year, while Altadena had 32 sales, down 43%. Listings also declined, with 23 new listings in Palisades--down 12% year-over-year--and 46 in Altadena--down 6%. Sale prices diverged: Altadena's typical home sold for $1.2 million, lower by 8% year-over-year, while Palisades' rose to $2.9 million, up 32%. The wildfires, including the Palisades and Eaton fires, destroyed thousands of homes, driving displaced residents into rentals and pausing home searches. Redfin agents note a wait-and-see attitude among buyers and sellers, with homeowners holding off due to valuation fears and buyers canceling contracts over insurance costs and future fire risks. ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["HBCP","CFA.SI","RDFN"],"gpt_icon":0},{"id":"2521726216","title":"Redfin Is Maintained at Neutral by JP Morgan","url":"https://stock-news.laohu8.com/highlight/detail?id=2521726216","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521726216?lang=en_us&edition=fundamental","pubTime":"2025-03-24 20:59","pubTimestamp":1742821140,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/RDFN/analyst-ratings \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 24, 2025 08:59 ET (12:59 GMT)","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["RDFN"],"gpt_icon":0},{"id":"2521728037","title":"Redfin Reports Home Sales Dropped Significantly in Altadena and the Pacific Palisades in Aftermath of Los Angeles Wildfires","url":"https://stock-news.laohu8.com/highlight/detail?id=2521728037","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521728037?lang=en_us&edition=fundamental","pubTime":"2025-03-24 20:30","pubTimestamp":1742819401,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250324:nTUA6ZNS9K:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4079","RDFN","BK4548"],"gpt_icon":0},{"id":"2521272742","title":"Redfin Reports Gen Z and Millennial Homeownership Rates Flatlined in 2024 as Housing Costs Soared","url":"https://stock-news.laohu8.com/highlight/detail?id=2521272742","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521272742?lang=en_us&edition=fundamental","pubTime":"2025-03-24 20:00","pubTimestamp":1742817600,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250324:nTUA7RNYQM:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4548","RDFN","BK4079"],"gpt_icon":0},{"id":"2521285127","title":"Redfin Reports Gen Z and Millennial Homeownership Rates Flatlined in 2024 as Housing Costs Soared","url":"https://stock-news.laohu8.com/highlight/detail?id=2521285127","media":"Business Wire","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521285127?lang=en_us&edition=fundamental","pubTime":"2025-03-24 20:00","pubTimestamp":1742817600,"startTime":"0","endTime":"0","summary":"Young Americans are also tracking behind their parents' generations; for instance, 33% of 27-year-olds own their home today, compared to 40% of baby boomers when they were 27.SEATTLE, March 24, 2025---- — Young Americans are losing their momentum when it comes to homeownership, according to a new report from Redfin , the technology-powered real estate brokerage. Just over one-quarter  of Gen Zers owned their home in 2024, essentially flat from 2023  and 2022 . Before that, the Gen Z homeownership rate had increased each year since Gen Zers started aging into potential homeownership in 2017 .Older Americans saw their homeownership rates increase slightly in 2024: 72.9% of Gen Xers owned their home in 2024, up from 72% in 2023. And 79.6% of baby boomers owned their home, up from 78.8%. Those small increases are fairly standard for older generations.Gen Zers and millennials are navigating economic uncertainty, including a potential economic slowdown and concerns about things like 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