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RDFN

Redfin Corp

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Summary

redfin got its start inventing map-based search. everyone told us the easy money was in running ads for traditional brokers, but we couldn’t stop thinking about how different real estate would be if it were designed from the ground up, using technology and totally different values, to put customers first. so we joined forces with agents who wanted to be customer advocates, not salesmen. since these were our own agents, we could survey each customer on our service and pay a bonus based on the review. we deepened our technology beyond the initial search to make the home tour, the listing debut, the escrow process, the whole process, faster, easier and worry-free. and we gave customers more value, not just by saving each thousands in fees, but by investing in every home we sell, by measuring our performance and improving constantly. this is how real estate would be if it were designed just for consumers, because, well, it was.

Market Cap: 764 Million

Primary Exchange: NASDAQ

Website: https://www.redfin.com/

Shares Outstanding: 119 Million

Float: 0

Dividend: 0.0 (0.0%)

Beta: 3.7658511164400332

Sector: Real Estate and Rental and Leasing

Industry: Other Activities Related to Real Estate

Ethical Flags

Longest drawdown: 685 trading days

From: 2017-12-29 To: 2020-02-18

Lowest Point:

The Fed Won't Cut, Not Next Week, Next Month, August Or September

via: SeekingAlpha at 2019-06-13 03:51:19:000

No Cuts and Maybe a Raise! Saying no cut in June is no big risk; July will give us the first swipe of Q2 GDP. I am counting on the GDP not being under 1.5%, perhaps 1.9%. I firmly believe we will not see a negative number, and I further believe the economy will reaccelerate in the latter hal… read more...

Real-estate market shift toward agents, away from brokerages - Stephens

via: SeekingAlpha at 2019-06-11 12:08:47:000

Stephens analyst John Campbell cut his rating on Realogy ( RLGY -0.6% ) to equal weight from overweight and raised Redfin ( RDFN -1.9% ) to overweight from underweight, writing that companies that put consumers at the center of their strategy will benefit. More news on: RE/MAX Holdin… read more...

Real-estate market shift toward agents, away from brokerages - Stephens

via: SeekingAlpha at 2019-06-11 12:08:47:000

Stephens analyst John Campbell cut his rating on Realogy ( RLGY -0.6% ) to equal weight from overweight and raised Redfin ( RDFN -1.9% ) to overweight from underweight, writing that companies that put consumers at the center of their strategy will benefit. More news on: RE/MAX Holdin… read more...

Redfin Ranks the Most Affordable Places to Get Married and Buy a Home in the Same Year

via: PR Newswire at 2019-06-11 07:00:00:000

SEATTLE , June 11, 2019 /PRNewswire/ -- (NASDAQ: RDFN) Cleveland , Detroit and Pittsburgh are the most affordable places where couples can throw a wedding and also cover a down payment on their first home, according to a new report from Redfin ( www.redfin.com ), a tec… read more...

Redfin Ranks the Most Affordable Places to Get Married and Buy a Home in the Same Year

via: PR Newswire at 2019-06-11 07:00:00:000

SEATTLE , June 11, 2019 /PRNewswire/ -- (NASDAQ: RDFN) Cleveland , Detroit and Pittsburgh are the most affordable places where couples can throw a wedding and also cover a down payment on their first home, according to a new report from Redfin ( www.redfin.com ), a tec… read more...

Redfin Report: Bidding Wars Return to San Francisco, Where 35% of Redfin Offers Faced Competition in May

via: PR Newswire at 2019-06-11 04:00:00:000

SEATTLE , June 11, 2019 /PRNewswire/ --(NASDAQ: RDFN) Thirty-five percent of offers written by Redfin agents on behalf of their home-buying customers in San Francisco faced a bidding war in May, up from 5 percent in January but down from 77 percent in May 2018 , accordin… read more...

Redfin Report: Bidding Wars Return to San Francisco, Where 35% of Redfin Offers Faced Competition in May

via: PR Newswire at 2019-06-11 04:00:00:000

SEATTLE , June 11, 2019 /PRNewswire/ --(NASDAQ: RDFN) Thirty-five percent of offers written by Redfin agents on behalf of their home-buying customers in San Francisco faced a bidding war in May, up from 5 percent in January but down from 77 percent in May 2018 , accordin… read more...

Tracking Chase Coleman's Tiger Global Portfolio - Q1 2019 Update

via: SeekingAlpha at 2019-06-10 09:19:09:000

This article is part of a series that provides an ongoing analysis of the changes made to Chase Coleman's Tiger Global Management 13F stock portfolio on a quarterly basis. It is based on Tiger Global's regulatory 13F Form filed on 05/15/2019. Please visit our Tracking Chase Coleman's Tiger … read more...

MNKD, DATA among premarket gainers

via: SeekingAlpha at 2019-06-10 05:13:59:000

Provention Bio (NASDAQ: PRVB ) +170% on potential of teplizumab to delay diabetes. More news on: Provention Bio, Inc., Tableau Software, Inc., Tilray, Inc., Stocks on the move, Read more … read more...

Redfin +2% on two-notch upgrade

via: SeekingAlpha at 2019-06-10 03:30:09:000

Stephens upgrades Redfin (NASDAQ: RDFN )from Underweight to Overweight citing valuation and the firm coming to "better appreciate"the market position and strategy. More news on: Redfin Corporation, Tech stocks news, Stocks on the move, Read more … read more...

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