Redfin Corporation  (RDFN)
Other Ticker:  
    Sector  Services    Industry Real Estate Operations
   Industry Real Estate Operations
   Sector  Services

Redfin's Suppliers Performance

RDFN's Supply Chain

RDFN Costs vs Sales of Suppliers Growth Redfin's cost of sales deteriorated by -92.87 % year on year, relative to one quarter ago cost of sales fell by -81.44 % in Q4.

More on RDFN Suppliers

Redfin's cost of sales deteriorated by -92.87 % year on year, compare to one quarter ago cost of sales fell by -81.44 % in Q4.

More on RDFN Suppliers

  News about Redfin Corporation Contracts

Soaring Homebuyer Down Payments and the Evolving Role of Family Support in the U.S Housing Market

The American dream of homeownership is standing tall but becoming increasingly expensive, especially when we talk about down payments. Just one year ago, the median down payment hovered around $44,850 and, fast forward to February this year, the number has rocketed to an overwhelming $55,640. That is a remarkable 24.1% increase in just one year, the largest annual upsurge seen since April 2022, according to Redfin, the technology-driven real estate brokerage.Despite the surge in down payment amounts, the typical U.S homebuyer is not shying away. Instead, they now typically put down 15% of the purchase price, a strong uptick from 10% a year prior. It's not just about more substantial paychecks or a sudden inc...

Rise of the Next Generation Homebuyers: Family Support and Housing Market Resurgence

The real estate market has witnessed significant shifts in recent times, particularly among Gen Z and millennial homebuyers. The latest report from Redfin sheds light on the increasing number of young buyers relying on financial assistance from their families to secure their dream homes. Additionally, the rebound in home prices and the surge in new listings are signaling a resurgence in the housing market. Analyzing these developments will enable us to assess their impact on Redfin, a technology-powered real estate brokerage.1. Growing Reliance on Family Support for Down Payments:According to Redfin's report, a staggering 36% of prospective Gen Z and millennial homebuyers plan to utilize cash gifts from thei...

U.S. Home Prices Regain Pre-Pandemic Levels, Marking a Return to Stability

According to a recent report by Redfin, a technology-powered real estate brokerage, home price growth in the United States has finally returned to pre-pandemic levels. This development comes after a tumultuous three-year period marked by soaring prices driven by low mortgage rates and subsequent cooling due to Federal Reserve actions to curb inflation. In February, U.S. home prices increased by 0.6% from the previous month, indicating a stabilization of the housing market.Key Facts:1. Home price growth in the United States has reached pre-pandemic levels, according to a report by Redfin.2. The housing market experienced significant fluctuations over the past three years, driven by ultra-low mortgage rates an...

Florida Condo Market Faces Struggles: Falling Prices Amidst Soaring Insurance Costs and HOA Fees

Florida's condominium market is experiencing a significant downturn as prices continue to drop, while insurance and homeowners association (HOA) fees skyrocket, according to a recent report released by Redfin. In major Florida metros, condo prices are declining year-on-year, leading to a decrease in sales as sellers rush to list their properties. This stands in stark contrast to the national trend, where condo prices are on the rise, sales remain steady, and new listings are growing at a slower pace.The impact of rising insurance costs and HOA fees has been particularly felt in Florida's condo market. As insurance premiums surge, property owners face increasing financial burdens, resulting in a significant d...

Robust Recovery: U.S. Pending Home Sales Reach Yearly High with a Promising Outlook for the Housing Market

In a positive turn of events, the U.S. housing market experienced a noteworthy surge in pending home sales in October, reaching the highest level in a year on a seasonally adjusted basis. Redfin, the technology-powered real estate brokerage, recently released a report revealing a 1% month-over-month increase in pending home sales. While this represents a decline of 4.8% compared to the previous year, it is the smallest annual decrease in nearly two years. These encouraging figures suggest that the housing market is gradually bouncing back from the challenges posed by the COVID-19 pandemic. In this article, we will delve into the reasons behind this resurgence and highlight the potential implication...

Redfin's Comment on Supply Chain

RDFN's vs. Suppliers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)

Redfin Corporation 596.73 975.82 -130.03 3,000
SUBTOTAL 0.00 0.00 0.00 -


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