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Redfin Corp

9.96

-0.0200-0.20%

Post-market: 9.980.0200+0.20%19:57 EDT

Volume:4.42M

Turnover:43.92M

Market Cap:1.28B

PE:-6.45

High:10.22

Open:10.19

Low:9.79

Close:9.98

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Overview Company News Filings

Redfin Reports 68% of Condos Sold Below List Price in February—the Highest Share in 5 Years

THOMSON REUTERS

Redfin Reports 68% of Condos Sold Below List Price in February—the Highest Share in 5 Years

Redfin Reports Spring Brings Record-High Monthly Housing Costs, Keeping Pending Home Sales at Bay

The 10 housing markets where asking prices are falling fast this spring home-buying season

Why Rocket's Deals Could Shake Up the Mortgage Market -- Barrons.com

Half of Real-Estate Agents Would Not Recommend the Career Path -- Market Talk

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

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It has also become more common for townhouses and single-family homes to sell below list price as buyers gain negotiating power amid rising inventory and high housing costs.SEATTLE, April 03, 2025---- — Roughly two-thirds  of U.S. condos that sold in February sold for less than their original asking price, up from 63.3% a year earlier and the highest February level in five years, according to a new report from Redfin , the technology-powered real estate brokerage.The share of townhouses selling for below their original asking price also hit the highest February level in five years, rising to 59.4% from 54.7% a year earlier—but that’s smaller than the uptick for condos. The share of single-family homes selling for less than list price hit the highest February level in two years, climbing to 64.2% from 61.2% a year earlier—also smaller than the uptick for condos.Condo listing","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-reports-68-condos-sold-123000952.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4548","RDFN","BK4079"],"gpt_icon":0},{"id":"2524593522","title":"Redfin Reports Spring Brings Record-High Monthly Housing Costs, Keeping Pending Home Sales at Bay","url":"https://stock-news.laohu8.com/highlight/detail?id=2524593522","media":"Business Wire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524593522?lang=en_us&edition=fundamental","pubTime":"2025-04-03 20:00","pubTimestamp":1743681600,"startTime":"0","endTime":"0","summary":"Soaring housing payments are keeping many homebuyers on the sidelines, but new listings are ticking up and there are signs some house hunters are emerging as spring begins. SEATTLE, April 03, 2025---- — The typical U.S. homebuyer’s monthly payment hit a record high for the second week in a row, reaching $2,802 during the four weeks ending March 30. That’s according to a new report from Redfin , the technology-powered real estate brokerage. Sale prices are up 3.4% year over year, and the weekly average mortgage rate is 6.65%, near its lowest level since December but more than double pandemic-era lows.Pending home sales are declining. High costs are keeping a lid on sales; pending home sales fell 2.3% year over year.For Redfin economists’ takes on the housing market, please visit Redfin’s \"From Our Economists\" page.","market":"us","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://finance.yahoo.com/news/redfin-reports-spring-brings-record-120000000.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":["HBCP","RDFN"],"gpt_icon":0},{"id":"2524239627","title":"The 10 housing markets where asking prices are falling fast this spring home-buying season","url":"https://stock-news.laohu8.com/highlight/detail?id=2524239627","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524239627?lang=en_us&edition=fundamental","pubTime":"2025-04-03 18:00","pubTimestamp":1743674400,"startTime":"0","endTime":"0","summary":"'We're seeing a market that's rebalancing, offering more choices for shoppers,' says Realtor.com's chief economist. Spring is in the air, and more deals are sprouting up in the real-estate market.The share of for-sale listings with a price cut nationally hit the highest level since 2016 for the month of March, according to a new report from Realtor.com, a real-estate platform.The number of new home listings is also rising fast, reaching the highest level in three years for March, the company noted in its latest monthly report.\"We're seeing a market that's rebalancing, offering more choices for shoppers,\" Danielle Hale, chief economist for Realtor.com, said in a statement.The willingness of sellers to cut prices is a marked shift in the housing market. Homeowners have had the upper hand in the last three years, as many of those who purchased homes during the pandemic, when mortgage rates were ultralow, have stayed put.\"Many buyers don't feel like they are in a buyer's market ... but we ","market":"sg","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","RDFN","CFA.SI","BK4079"],"gpt_icon":0},{"id":"2524288891","title":"Why Rocket's Deals Could Shake Up the Mortgage Market -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2524288891","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524288891?lang=en_us&edition=fundamental","pubTime":"2025-04-03 15:30","pubTimestamp":1743665400,"startTime":"0","endTime":"0","summary":"Two pending acquisitions by Rocket Cos. could transform the mortgage lender into a conglomerate for real estate services of startling size and scope.On March 31, Detroit-based Rocket agreed to buy mortgage servicer Mr. Cooper Group in an all-stock transaction for $9.4 billion, just three weeks after it said it would buy digital brokerage Redfin in a similar deal for $1.75 billion. Rocket shares dropped after both deals were announced but rallied 15% in the past two days, according to Dow Jones Market Data.If approved, Rocket would rank No. 1 in mortgage servicing -- the business of processing monthly payments -- and No. 2 in mortgage origination, according to Inside Mortgage Finance. It would also have a sizable presence in home listings with Redfin. The deal will put one in six U.S. mortgages under Rocket's roof, according to an investor presentation. The three companies combined had $8.4 billion in revenue in 2024.Krishna tells Barron's that he sees clear advantages to the size. Redf","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","RKT","BK4079","BK4110","PFSI","RITM","BK4547","BK4548","BK4229","COOP","BK4195"],"gpt_icon":0},{"id":"2524497743","title":"Half of Real-Estate Agents Would Not Recommend the Career Path -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2524497743","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524497743?lang=en_us&edition=fundamental","pubTime":"2025-04-02 22:51","pubTimestamp":1743605460,"startTime":"0","endTime":"0","summary":"1051 ET - Redfin commissioned a survey of 500 real-estate agents, revealing what is calls the challenges and opportunities facing today's real estate professionals. Only 21.2% would recommend a career as an agent, with 49.8% unlikely to recommend it, citing unpredictable income and client scarcity as drawbacks, though entrepreneurial freedom was a highlight. The affordability crisis tops future concerns, with 64.2% of agents worried, alongside inventory shortages and falling commissions. Following a year of industry upheaval, 51% of agents now hold an unfavorable view of the National Association of Realtors, a significant increase from 19% in 2023, Redfin says. \"A substantial percentage (38%) believe the NAR settlement changes have negatively impacted their business, compared to 5.2% who noted a positive impact,\" Redfin adds. ","market":"other","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":["CFA.SI","BK4079","RDFN","BK4548"],"gpt_icon":0},{"id":"2524649675","title":"Redfin Publishes 2025 Industry Survey","url":"https://stock-news.laohu8.com/highlight/detail?id=2524649675","media":"Business Wire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524649675?lang=en_us&edition=fundamental","pubTime":"2025-04-02 20:30","pubTimestamp":1743597000,"startTime":"0","endTime":"0","summary":"A Redfin-commissioned survey of agents across the industry reveals key insights about the challenges and opportunities facing today’s real estate professionals. 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":["BK4548","RDFN","BK4079"],"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":"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/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":["BK4588","COOP","COO","BK4229","LU1992135399.USD","RDFN","BK4548","LU2272731600.USD","BK4198","BK4585","BK4195","GB00BDT5M118.USD","LU2211815571.USD","BK4079","LU1992135472.HKD","RKT","BK4547","LU2272731782.SGD"],"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":"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/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":["BK4211","BK4548","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":["BK4079","BK4547","BK4195","RDFN","RKT","COOP","BK4548","BK4229"],"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":"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://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":["COOP","IE00BFXG1179.USD","LU0820561909.HKD","LU0106831901.USD","LU2430703251.USD","LU2505996509.AUD","LU1064131342.USD","IE0034235295.USD","LU0256863811.USD","LU0689472784.USD","LU1084165304.USD","LU1720051108.HKD","RKT","LU2357305700.SGD","BK4547","LU2023250843.SGD","LU1917777945.USD","LU2592432038.USD","LU0203347892.USD","LU0417517546.SGD","LU0048584097.USD","LU0683600562.USD","LU0208291251.USD","BK4588","RDFN","BK4207","LU1244550494.USD","LU2237443895.HKD","LU2430703178.SGD","LU0976567544.SGD","IE00BJTD4N35.SGD","IE00BN8TJ469.HKD","LU2237443622.USD","LU2552382132.HKD","BK4504","LU1988902786.USD","BK4566","LU2023250504.SGD","IE00BZ1G4Q59.USD","LU2552382215.SGD","LU1894683348.USD","LU1267930490.SGD","LU1629891620.HKD","LU1914381329.SGD","LU2242649171.HKD","LU2430703095.HKD","BK4195","LU0345769128.USD","LU0820561818.USD","LU0211326755.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":"other","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":["BK4588","BK4548","BK4079","LU2211815571.USD","COOP","BK4198","LU1992135399.USD","BK4195","BK4229","GB00BDT5M118.USD","LU1992135472.HKD","LU2272731600.USD","LU2272731782.SGD","RDFN","RKT","BK4547","COO","BK4585"],"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":"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":["RKT","BK4229","BK4195","BK4079","BK4547","COOP","RDFN","BK4548"],"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":["BK4548","BK4547","RDFN","RKT","BK4229","COOP","BK4079","BK4195"],"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":"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":["BK4088","BK4229","BK4588","BK4504","BK4559","FMCC","LU0314104364.USD","BK4596","BK4548","BK4079","BK4585","LEN","BK4195","CFA.SI","RDFN"],"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":"other","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":["BK4162","BK4548","BK4079","MDWT","RDFN"],"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":"other","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":["BK4548","RDFN","BK4079"],"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":"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/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":["BK4548","BK4162","MDWT","RDFN","BK4079"],"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":"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-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":["BK4548","BK4079","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, 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