Earnings summaries and quarterly performance for RDFN.
Executive leadership at RDFN.
Board of directors at RDFN.
Research analysts who have asked questions during RDFN earnings calls.
John Campbell
Stephens Inc.
4 questions for RDFN
Also covers: CNNE, CSGP, DSGX +10 more
Ygal Arounian
Citigroup
3 questions for RDFN
Also covers: ANGI, BARK, BMBL +13 more
Curtis Nagle
Bank of America
2 questions for RDFN
Also covers: ACVA, BMBL, CHWY +12 more
Dae Le
JPMorgan
1 question for RDFN
Dae Lee
JPMorgan Chase & Co.
1 question for RDFN
Also covers: BKNG, EB, EXPE +5 more
Jason Helfstein
Oppenheimer & Co. Inc.
1 question for RDFN
Also covers: ANGI, BLDE, CART +23 more
John Colantuoni
Jefferies
1 question for RDFN
Also covers: ABNB, ACVA, BKNG +9 more
Ryan McKeveny
Zelman & Associates
1 question for RDFN
Also covers: COMP, HOUS, RKT +2 more
Stefanos Crist
Needham & Company, LLC
1 question for RDFN
Also covers: RSI, UPWK
Wyatt
D.A. Davidson
1 question for RDFN
Recent press releases and 8-K filings for RDFN.
Redfin Reports Retreating Homebuyers and Sellers
RDFN
Demand Weakening
- The U.S. housing market experienced a retreat in home sellers for the first time in two years, with the total number falling to 1.95 million in July from a peak of 1.96 million in May, following a period where homebuyers had already been retreating.
- In July, there were an estimated 1.43 million homebuyers, leading to sellers outnumbering buyers by 36.3%, which is the largest gap in records dating back to 2013 and signifies a national buyer's market for the past 15 months.
- Despite the retreat of sellers, the median home sale price rose 1.4% year over year in July to $434,189, marking the highest July level on record.
- This market shift is primarily due to homebuyers being "spooked" by high home prices, high mortgage rates, and economic uncertainty, which in turn has caused sellers to delist their homes or choose not to list at all.
Aug 27, 2025, 12:00 PM
Redfin Reports U.S. Apartment Asking Rents Increase in July 2025
RDFN
- The median U.S. asking rent rose 1.7% ($30) year over year to $1,790 in July, marking the largest increase since January 2023 and the second consecutive year-over-year rise.
- This increase is primarily due to shrinking apartment supply, with multifamily housing permits falling 23.1% since the pandemic, coinciding with growing renter demand fueled by high homeownership costs.
- Despite the recent climb, the median asking rent remains $70 below the July 2022 record high of $1,860, and rental affordability is improving as wages are growing faster than rents.
- San Jose, CA, experienced the largest year-over-year increase in asking rents at 8.8% to $3,569, while Jacksonville, FL, saw the biggest decline at -3.5%.
- Redfin has updated its rental methodology, now reporting on median asking rents for units in buildings with 25+ units using Zillow data, focusing on rolling three-month periods ending July 31, 2025.
Aug 14, 2025, 12:30 PM
Redfin Reports Buyer's Agent Commissions Increase to Pre-NAR Settlement Levels
RDFN
Demand Weakening
Legal Proceedings
- The average U.S. buyer’s agent commission rose to 2.43% in the second quarter of 2025, up from 2.38% a year earlier, marking the third consecutive quarter of increases.
- This increase brings commissions back to the level seen in the first quarter of 2024, before they dropped to a low of 2.36% in Q3 2024 following the National Association of Realtors (NAR) settlement announcement.
- The rise is attributed to a shift in the housing market favoring buyers, with 500,000-plus more sellers than buyers in June, giving buyers negotiating power to secure higher commissions for their agents.
- Commissions increased across all price tiers in Q2 2025: homes under $500,000 saw an average of 2.52%, homes between $500,000 and $999,999 averaged 2.34%, and homes $1 million or more averaged 2.21%.
Aug 12, 2025, 12:00 PM
Redfin Reports Cooling Home Prices and Falling Mortgage Rates
RDFN
Demand Weakening
Guidance Update
- Mortgage rates have fallen to their lowest level in nearly a year, with the daily average at 6.55% as of Wednesday, August 6, 2025, increasing buyer purchasing power by approximately $20,000 since May.
- U.S. home-price growth is slowing, with the median asking price rising just 2.3% year over year during the four weeks ending August 3, 2025, and Redfin economists predict sale prices will fall 1% by the end of the year.
- The housing market is experiencing an increase in supply, with active listings up 8.5% year over year, while pending sales are down 1.2%, indicating more sellers than buyers.
- Despite current buyer-favorable conditions, the window of opportunity may be short as mortgage-purchase applications have already increased 2% week over week.
Aug 7, 2025, 12:00 PM
Redfin Reports Home Price Declines in Major Metros
RDFN
Demand Weakening
Guidance Update
- The median home-sale price fell in 14 of the 50 most populous U.S. metro areas during the four weeks ending July 27, 2025, with Oakland, CA experiencing the largest year-over-year decline at 6.8%.
- This decline is primarily due to a slow housing market characterized by high housing costs and economic uncertainty, causing homes to take longer to sell.
- While the nationwide median sale price rose 2% year over year to just shy of its record high, Redfin economists expect national prices to decline 1% annually by the end of 2025.
- Key indicators reflect a weakening market, with the median U.S. asking price dipping to its lowest level in five months and pending U.S. home sales down 1.4% year over year, while total inventory is up 8.9%.
Jul 31, 2025, 12:00 PM
Redfin Reports June 2025 Housing Market Trends
RDFN
Demand Weakening
- Sales of starter homes increased 3.9% year over year in June, reaching a two-year high, while sales of mid-priced, high-priced, and luxury homes declined.
- The median sale price for U.S. starter homes hit a record $260,000 in June, up 3.1% year over year, though price growth has been slowing for six consecutive months.
- Active listings for starter homes surged 19% year over year in June, marking the highest inventory level since 2017 and the fastest growth across all price tiers.
- Pending sales of starter homes also rose 3.1% year over year in June, indicating likely continued increases in closed sales.
Jul 29, 2025, 12:00 PM
Redfin Reports Housing Market Shifts Towards Buyers
RDFN
Demand Weakening
Guidance Update
- The U.S. housing market is shifting towards buyers, with the median U.S. asking price increasing by its smallest amount in over four months to $407,000 during the four weeks ending July 13, 2025.
- The median U.S. home-sale price was $401,120, up 1.7% year-over-year, and Redfin forecasts it to fall 1% year-over-year by the end of 2025.
- Homebuyers' median monthly mortgage payment dropped to a four-month low of $2,699 at a 6.72% mortgage rate.
- Total homes for sale increased 11.9% year-over-year to 1,171,312, while pending sales decreased 1.9%.
Jul 17, 2025, 12:00 PM
Redfin Reports Record U.S. Home Prices Amid Falling Pending Sales
RDFN
Demand Weakening
- The median U.S. home sale price reached a record high of $399,633, an increase of 1% year over year, for the four weeks ending July 6, 2025.
- Pending sales fell 3.5% year over year during the same period, marking the second biggest decline since early February.
- The weekly average mortgage rate dropped to 6.67%, its lowest level since early April, which contributed to mortgage-purchase applications rising 9% from a week earlier.
- Despite record high prices, the market is experiencing mixed results, with some homes selling quickly and others seeing multiple price reductions, indicating a slow shift in favor of buyers.
Jul 10, 2025, 12:00 PM
Redfin Reports June 2025 Housing Market Trends
RDFN
Demand Weakening
- The median U.S. home-sale price reached an all-time high of $400,125 during the four weeks ending June 29, 2025.
- New listings experienced their first decline in nearly six months, falling 0.7% year-over-year to 99,921, while pending sales saw their biggest decline in nearly four months, decreasing 3.2% year-over-year to 86,718.
- The weekly average 30-year fixed mortgage rate fell to 6.67%, its lowest level since early April.
- Key indicators suggest weakening demand, including a 5-day increase in median days on market to 37 days, a decrease in the share of homes sold above list price to 28.4%, and an increase in months of supply to 4.1.
Jul 3, 2025, 6:10 PM
Redfin completes merger with Rocket Companies, delists from Nasdaq
RDFN
M&A
Delisting/Listing Issues
Debt Issuance
- Redfin Corporation completed its merger with Rocket Companies, Inc. on July 1, 2025, becoming a wholly owned subsidiary of Rocket.
- Each share of Redfin common stock was automatically converted into the right to receive 0.7926 shares of Rocket common stock.
- Redfin's common stock will be delisted from Nasdaq, and the company intends to terminate its SEC registration.
- Rocket became a co-obligor for Redfin's 0.00% convertible senior notes due 2025 and 0.50% convertible senior notes due 2027, with conversion terms now tied to Rocket common stock.
- Redfin also agreed to guarantee Rocket's $2.0 billion 6.125% senior notes due 2030 and $2.0 billion 6.375% senior notes due 2033.
Jul 1, 2025, 12:00 AM
Quarterly earnings call transcripts for RDFN.
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