Summary
RDFN Chart
Redfin Survey: Americans Are Torn on How Immigration, Tariffs Impact Housing Affordability
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Over half of U.S. homeowners and renters (51.2%) strongly or somewhat agree with the following statement: “Less immigration will result in fewer construction workers, and thereby fewer new homes, making homes more expensive.” That's according to a new survey commissioned by Redfin (www.redfin.com), the technology-powered real estate brokerage. But much of the nation holds the opposite view; 38.5% of homeowners and renters strongly or somewhat agree wit.
The U.S. Housing Market Has Nearly 500,000 More Sellers Than Buyers—the Most on Record. That Will Likely Cause Home Prices to Fall.
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — There are an estimated 1.9 million home sellers in the U.S. housing market and an estimated 1.5 million homebuyers, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. In other words, there are 33.7% more sellers than buyers (or 490,041 more, to be exact). At no other point in records dating back to 2013 have sellers outnumbered buyers by this large of a number or percentage. A year ago, sellers outnumbered.
RDFN Alert: Wohl & Fruchter LLP Files Class Action Lawsuit on Behalf of Shareholders of Redfin Corporation in the U.S. District Court for the Western District of Washington
MONSEY, N.Y., May 22, 2025 (GLOBE NEWSWIRE) -- Wohl & Fruchter LLP announces that on May 9, 2025, it filed a class action lawsuit in the United States District Court for the Western District of Washington, captioned Morano v.
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Redfin Corporation Profile
| Real Estate - Services Industry | Real Estate Sector | Mr. Glenn Kelman CEO | NASDAQ (NGS) Exchange | 75737F108 Cusip |
| US Country | 4,000 Employees | - Last Dividend | - Last Split | 28 Jul 2017 IPO Date |
Overview
Redfin Corporation stands as a pivotal residential real estate brokerage firm serving both the United States and Canada. Initially founded under the name Appliance Computing Inc., the company rebranded to Redfin Corporation in May 2006, marking a new chapter in its journey since its inception in 2002. With its headquarters situated in Seattle, Washington, Redfin has carved out a reputation for leveraging online platforms to streamline the real estate transaction process, catering to a wide range of real estate needs from buying and selling homes to connecting consumers with rental properties. Their innovative approach combines technology with traditional real estate services to provide a comprehensive, user-friendly experience.
Products and Services
Online Real Estate Marketplace:
At the core of Redfin’s offerings is its online real estate marketplace, designed to simplify the process of buying and selling homes. This platform allows users to easily search for properties, compare prices, and get detailed information on neighborhoods, thereby empowering consumers with the information they need to make informed decisions.
Residential Real Estate Services:
Redfin provides a full spectrum of real estate services to assist individuals in the buying and selling of homes. This includes professional guidance from experienced agents, home valuation, marketing strategies for sellers, and negotiation of purchase terms, ensuring a smooth and efficient transaction.
Title and Settlement Services:
To complement its real estate brokerage services, Redfin offers title and settlement services. These services are crucial for the completion of real estate transactions, encompassing title search, insurance, and escrow services to facilitate a seamless transfer of property ownership.
Mortgage Origination and Sale:
Understanding the importance of financing in real estate acquisitions, Redfin also engages in the origination and sale of mortgages. This addition to their services provides consumers with convenient access to financial products, tailored to meet their specific needs for purchasing homes.
Digital Platforms for Rental Properties:
Expanding beyond buying and selling, Redfin uses digital platforms to connect consumers with rental properties. This aspect of their service offering caters to a broad audience, including those not yet ready to buy, by providing a diverse array of rental options ranging from apartments to single-family homes.
Contact Information
