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Redfin Corporation (RDFN)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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5.90+0.22 (+3.87%)
At close: 04:00PM EDT
5.91 +0.01 (+0.17%)
After hours: 07:21PM EDT
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Trade prices are not sourced from all markets
Previous close5.68
Open5.77
Bid5.89 x 2000
Ask5.92 x 2000
Day's range5.60 - 5.93
52-week range4.26 - 17.68
Volume3,934,647
Avg. volume5,085,965
Market cap704.879M
Beta (5Y monthly)2.67
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
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  • Yahoo Finance Video

    Homebuyers 'can't catch a break' in this market: Redfin CEO

    Despite the prevailing high interest rate environment, US pending home sales data released on Thursday revealed a surprising 3.4% climb in March. To shed light on the dynamics shaping the housing market, Redfin (RDFN) CEO Glenn Kelman joins Wealth! Kelman acknowledges that while mortgage rates have deterred some homebuyers, those who remain in the market are "more serious." He anticipates housing market slowdowns may not be as severe as last year, as those who need to buy have been postponing their purchases but can no longer afford to do so, despite it being "a really hard time to buy a house." With mortgage rates soaring and housing prices increasing, he notes that "buyers just can't catch a break," emphasized by inventory levels that have yet to normalize. This challenging environment has left the housing market in dire need of a Federal Reserve rate cut, according to Kelman. Additionally, Kelman offers valuable tips for navigating this environment and securing a home. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith

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