Redfin Corp is a technology-driven real estate brokerage that aims to revolutionize the way people buy and sell homes
By leveraging sophisticated online tools and a user-friendly platform, Redfin provides comprehensive real estate services that include property listings, home searches, and market insights. The company employs a team of real estate agents who utilize data analytics to streamline the home buying and selling process, helping clients to make informed decisions. Additionally, Redfin offers unique features such as virtual tours and innovative pricing strategies to enhance the customer experience in an increasingly digital market.
As bad as the last few weeks of trading have been, today was worse. We saw the Volatility Index (VIX), which had been historically calm until a couple of weeks ago, rise to its highest level since back in August.
(NASDAQRDFN) — The combined value of nearly 100 million U.S. homes reached $49.7 trillion at the end of 2024, while the combined net worth of America’s wealthiest 1% has grown to a record $49.2 trillion. In other words, the wealthiest 1% can afford to buy nearly every home in America. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
(NASDAQRDFN) — Nearly three-quarters of the most populous U.S. metropolitan areas (35 out of 50) have seen wealthy renters take up a bigger piece of the rental-market pie in recent years, led by Raleigh, NC and Orlando, FL. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
Shares of real estate technology company Redfin (NASDAQRDFN)
jumped 87.8% in the pre-market session after the company announced it agreed to be acquired by Rocket Companies in an all-stock transaction for $12.50 per Redfin share, or $1.75 billion. Under the terms of the deal, each share of Redfin common stock would be exchanged for a fixed ratio of 0.7926 shares of Rocket Companies common stock. The acquisition price was 63% higher than Redfin's 30-day average price as of March 7, 2025, the last trading day before the news.
Let's have a look at what is happening on the US markets one hour before the close of the markets on Monday. Below you can find the top gainers and losers in today's session.
Get a pulse on the US markets on Monday by checking out the most active stocks in today's session. Discover the stocks that are leading the way in terms of trading volume and market activity.
Rocket Companies said it will benefit from Redfin's nearly 50 million monthly visitors, one million active purchase and rental listings, and staff of over 2,200 real estate agents across 42 states.
The Ademi Firm is investigating Redfin (Nasdaq: RDFN) for possible breaches of fiduciary duty and other violations of law in its transaction with Rocket Companies.
The session on Monday is off to an intriguing start with several stocks showing significant price gaps. Let's examine the gap up and gap down stocks in today's session.
The US market is yet to commence its session on Monday, but let's get a preview of the pre-market session and explore the top gainers and losers driving the early market movements.
NEW YORK, March 10, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Rocket Companies announces it will acquire Redfin in a $1.75 billion deal to bring homebuyers an end-to-end, online real estate solution from browsing listings to securing a mortgage.
Stocks extended last week's losses on Monday as concerns over the U.S. economy continue to weigh on the market. The Nasdaq 100 saw the steepest declines, with Tesla, Inc. (NASDAQTSLA) and Palantir Technologies, Inc.
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Redfin Corporation (NASDAQRDFN) to Rocket Companies for 0.7926 shares of Rocket Companies Class A common stock for each share of Redfin common stock is fair to Redfin shareholders.
(NASDAQRDFN) — Less than half (47%) of newly built apartments completed in the third quarter of 2024 were rented within three months, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s tied with the fourth quarter of 2023 for the lowest share on record aside from the start of the pandemic.
(NASDAQRDFN) — The median U.S. asking rent rose 0.4% year over year to $1,607 in February—the first increase in six months and the biggest in nine months. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. On a month-over-month basis, asking rents climbed 0.6%.
(NASDAQRDFN) — Pending U.S. home sales fell 6.4% from a year earlier during the four weeks ending March 2, the second-biggest decline since November 2023. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
(NASDAQRDFN) — U.S. real estate investors purchased 47,004 homes in the fourth quarter—the lowest level for that time of year since 2016—according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s down 3.9% from a year earlier, the biggest decline in a year.
