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Redfin Corp

10.20

-0.0800-0.78%

Post-market: 10.08-0.1200-1.18%19:59 EDT

Volume:9.36M

Turnover:96.28M

Market Cap:1.29B

PE:-7.48

High:10.73

Open:10.02

Low:9.87

Close:10.28

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Overview Company News Filings

M&A Watch: Buy the Surge in Rocket Companies (RKT) Stock?

Mortgage rates are plunging. Here's the 'smartest play' that house hunters can make now.

What Trump's reciprocal tariffs mean for home buyers and sellers

Nearly Two-Thirds of Condos Went For Less Than Asking Price in February -- Market Talk

Monthly Housing Costs Hit Record High Again -- Market Talk

Redfin Reports 68% of Condos Sold Below List Price in February—the Highest Share in 5 Years

THOMSON REUTERS

Redfin Reports 68% of Condos Sold Below List Price in February—the Highest Share in 5 Years

Redfin Reports Spring Brings Record-High Monthly Housing Costs, Keeping Pending Home Sales at Bay

The 10 housing markets where asking prices are falling fast this spring home-buying season

Why Rocket's Deals Could Shake Up the Mortgage Market -- Barrons.com

Half of Real-Estate Agents Would Not Recommend the Career Path -- Market Talk

Redfin Publishes 2025 Industry Survey

Mr. Cooper to Be Acquired by Rocket Companies in a $9.4B Deal

Big City Comeback: Homebuyer Competition Is Rising Fastest in the Bay Area, New York

Rocket CEO discusses $11 billion acquisition spree and impact of Trump tariffs on housing

BREAKINGVIEWS-Rocket’s housing expansion cramps existing lodgers

Redfin and Rocket Shares Fall After Mr. Cooper Deal

Rocket Uses Stock to Scoop More of Mortgage Market -- Market Talk

BUZZ-Mr Cooper surges on $9.4 billion takeover deal with Rocket Companies

Bad news for home buyers: Mortgage rates remain stuck near 7%

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With President Trump urging Fed Chair Jerome Powell that now is the time to cut rates following his “Liberation Tariffs”, Rocket Companies has been a bellwether in the stock market as the S&P 500 and Nasdaq fell another 5% in today’s trading session.By integrating Redfin’s real estate search platform, Rocket Companies aims to simplify the home-buying process and attract more customers. The acquisition is expected to be completed during Q2 or Q3 in an all-stock transaction that values Redfin's","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/m-watch-buy-surge-rocket-220500588.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4547","BK4079","RDFN","BK4195","BK4229","COOP","BK4548","RKT"],"gpt_icon":0},{"id":"2525624734","title":"Mortgage rates are plunging. Here's the 'smartest play' that house hunters can make now.","url":"https://stock-news.laohu8.com/highlight/detail?id=2525624734","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2525624734?lang=en_us&edition=fundamental","pubTime":"2025-04-05 03:10","pubTimestamp":1743793800,"startTime":"0","endTime":"0","summary":"Is now a good time to buy a house?That's a key question as mortgage rates fall.Mortgage rates are plunging as financial markets digest President Donald Trump's sweeping, worldwide tariffs.That's leading some prospective home buyers to wonder if they should act now that borrowing costs are finally coming down.Their decision comes at a complicated time. Tariffs are expected to raise consumer prices, and some people are speeding up purchases of big-ticket items such as cars.But for house hunters whose heads are being turned by lower mortgage rates, the window of opportunity comes as predictions of a recession are mounting and a sliding stock market is eating into investment wealth.Bess Freedman, chief executive of Brown Harris Stevens, a real-estate company, said that the Federal Reserve will \"most likely have to cut\" rates based on how the economy is slowing. While mortgage rates don't directly follow the direction of the Fed's benchmark interest rate, a cut by the Fed \"could result in l","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["US5Y.BOND","BK4548","BK4079","US12M.BOND","US3Y.BOND","BETR","US6M.BOND","US30Y.BOND","BK4229","US10Y.BOND","CFA.SI","US2Y.BOND","US7Y.BOND","BK4195","UWMC","RDFN"],"gpt_icon":0},{"id":"2524934412","title":"What Trump's reciprocal tariffs mean for home buyers and sellers","url":"https://stock-news.laohu8.com/highlight/detail?id=2524934412","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524934412?lang=en_us&edition=fundamental","pubTime":"2025-04-04 00:34","pubTimestamp":1743698040,"startTime":"0","endTime":"0","summary":"Trump's trade war could come with one silver lining for home buyers. Home buyers and sellers in the U.S. are likely to feel the impact of the tariffs President Donald Trump slapped on every country worldwide Wednesday - but it isn't all that bad.Economists expect tariffs to increase the cost of building and remodeling homes as the cost of imported building materials go up. At the same time, as consumer prices increase and economic growth slows, mortgage rates could fall - and that could help some home buyers.The 30-year fixed-rate mortgage typically tracks the yield on the 10-year Treasury note BX:TMUBMUSD10Y. When financial markets sense chaos, they flock to the 10-year note for safety, because it is issued by the U.S. government and is considered virtually risk-free. When the 10-year yield falls, the 30-year mortgage rate falls in tandem.The Trump administration put a minimum tariff of 10% on imported goods from all countries, and announced additional tariffs on goods from countries ","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FMCC","BK4079","US12M.BOND","US30Y.BOND","BK4195","US2Y.BOND","US6M.BOND","US7Y.BOND","US5Y.BOND","GDP","BK4213","RDFN","BK4548","US10Y.BOND","CFA.SI","US3Y.BOND","BK4229"],"gpt_icon":0},{"id":"2524266909","title":"Nearly Two-Thirds of Condos Went For Less Than Asking Price in February -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2524266909","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524266909?lang=en_us&edition=fundamental","pubTime":"2025-04-03 22:20","pubTimestamp":1743690000,"startTime":"0","endTime":"0","summary":"1020 ET - Redfin reports that 68% of U.S. condos sold in February went for less than their asking price, up from 63.3% a year ago and the highest February rate in five years. A cooling housing market, driven by rising inventory, high prices, and elevated mortgage rates, has shifted leverage to buyers, who are negotiating better deals. Condo sales are slowing fastest in Florida, where soaring HOA fees--due to rising insurance costs and new safety rules--are hitting hard. Redfin notes condos now sell at a bigger discount, with February's sale-to-list-price ratio at 95.4%--down from 96.4% last year and nearly 100% three years ago--meaning a typical condo sold for 4.6% below asking. Once an affordable entry to homeownership, condos are pricing out many buyers as costs climb.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4079","RDFN","BK4548"],"gpt_icon":0},{"id":"2524657272","title":"Monthly Housing Costs Hit Record High Again -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2524657272","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524657272?lang=en_us&edition=fundamental","pubTime":"2025-04-03 22:06","pubTimestamp":1743689160,"startTime":"0","endTime":"0","summary":"1006 ET - The typical U.S. homebuyer's monthly payment hit a record for the second week in a row, reaching $2,802 during the four weeks ending March 30, Redfin says. Sale prices are up 3.4% year-over-year, and the weekly average mortgage rate is 6.65%, near its lowest level since December. Pending home sales are declining. High costs are keeping a lid on sales; pending home sales fell 2.3% year over year. But there are signs more house hunters are getting out there. Mortgage-purchase applications are at their highest level in over two months, and home tours are rising twice as fast this year than they were at this time last year--though that's partly because Easter fell into last year's comparable period. New listings of homes for sale rose 12.7% year-over-year, the biggest increase in 11 months.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4548","BK4079","RDFN"],"gpt_icon":0},{"id":"2524259078","title":"Redfin Reports 68% of Condos Sold Below List Price in February—the Highest Share in 5 Years","url":"https://stock-news.laohu8.com/highlight/detail?id=2524259078","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524259078?lang=en_us&edition=fundamental","pubTime":"2025-04-03 20:30","pubTimestamp":1743683401,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250403:nTUA9DW5D5:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4548","BK4079","RDFN"],"gpt_icon":0},{"id":"2524325114","title":"Redfin Reports 68% of Condos Sold Below List Price in February—the Highest Share in 5 Years","url":"https://stock-news.laohu8.com/highlight/detail?id=2524325114","media":"Business Wire","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524325114?lang=en_us&edition=fundamental","pubTime":"2025-04-03 20:30","pubTimestamp":1743683400,"startTime":"0","endTime":"0","summary":"The condo market has been slowing due to surging insurance costs and HOA fees, which have priced many buyers out. It has also become more common for townhouses and single-family homes to sell below list price as buyers gain negotiating power amid rising inventory and high housing costs.SEATTLE, April 03, 2025---- — Roughly two-thirds  of U.S. condos that sold in February sold for less than their original asking price, up from 63.3% a year earlier and the highest February level in five years, according to a new report from Redfin , the technology-powered real estate brokerage.The share of townhouses selling for below their original asking price also hit the highest February level in five years, rising to 59.4% from 54.7% a year earlier—but that’s smaller than the uptick for condos. The share of single-family homes selling for less than list price hit the highest February level in two years, climbing to 64.2% from 61.2% a year earlier—also smaller than the uptick for condos.Condo listing","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/redfin-reports-68-condos-sold-123000952.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["RDFN","BK4548","BK4079"],"gpt_icon":0},{"id":"2524593522","title":"Redfin Reports Spring Brings Record-High Monthly Housing Costs, Keeping Pending Home Sales at Bay","url":"https://stock-news.laohu8.com/highlight/detail?id=2524593522","media":"Business Wire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524593522?lang=en_us&edition=fundamental","pubTime":"2025-04-03 20:00","pubTimestamp":1743681600,"startTime":"0","endTime":"0","summary":"Soaring housing payments are keeping many homebuyers on the sidelines, but new listings are ticking up and there are signs some house hunters are emerging as spring begins. SEATTLE, April 03, 2025---- — The typical U.S. homebuyer’s monthly payment hit a record high for the second week in a row, reaching $2,802 during the four weeks ending March 30. That’s according to a new report from Redfin , the technology-powered real estate brokerage. Sale prices are up 3.4% year over year, and the weekly average mortgage rate is 6.65%, near its lowest level since December but more than double pandemic-era lows.Pending home sales are declining. High costs are keeping a lid on sales; pending home sales fell 2.3% year over year.For Redfin economists’ takes on the housing market, please visit Redfin’s \"From Our Economists\" page.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/redfin-reports-spring-brings-record-120000000.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["HBCP","RDFN"],"gpt_icon":0},{"id":"2524239627","title":"The 10 housing markets where asking prices are falling fast this spring home-buying season","url":"https://stock-news.laohu8.com/highlight/detail?id=2524239627","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524239627?lang=en_us&edition=fundamental","pubTime":"2025-04-03 18:00","pubTimestamp":1743674400,"startTime":"0","endTime":"0","summary":"'We're seeing a market that's rebalancing, offering more choices for shoppers,' says Realtor.com's chief economist. Spring is in the air, and more deals are sprouting up in the real-estate market.The share of for-sale listings with a price cut nationally hit the highest level since 2016 for the month of March, according to a new report from Realtor.com, a real-estate platform.The number of new home listings is also rising fast, reaching the highest level in three years for March, the company noted in its latest monthly report.\"We're seeing a market that's rebalancing, offering more choices for shoppers,\" Danielle Hale, chief economist for Realtor.com, said in a statement.The willingness of sellers to cut prices is a marked shift in the housing market. Homeowners have had the upper hand in the last three years, as many of those who purchased homes during the pandemic, when mortgage rates were ultralow, have stayed put.\"Many buyers don't feel like they are in a buyer's market ... but we ","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4079","RDFN","BK4548","CFA.SI"],"gpt_icon":0},{"id":"2524288891","title":"Why Rocket's Deals Could Shake Up the Mortgage Market -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2524288891","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524288891?lang=en_us&edition=fundamental","pubTime":"2025-04-03 15:30","pubTimestamp":1743665400,"startTime":"0","endTime":"0","summary":"Two pending acquisitions by Rocket Cos. could transform the mortgage lender into a conglomerate for real estate services of startling size and scope.On March 31, Detroit-based Rocket agreed to buy mortgage servicer Mr. Cooper Group in an all-stock transaction for $9.4 billion, just three weeks after it said it would buy digital brokerage Redfin in a similar deal for $1.75 billion. Rocket shares dropped after both deals were announced but rallied 15% in the past two days, according to Dow Jones Market Data.If approved, Rocket would rank No. 1 in mortgage servicing -- the business of processing monthly payments -- and No. 2 in mortgage origination, according to Inside Mortgage Finance. It would also have a sizable presence in home listings with Redfin. The deal will put one in six U.S. mortgages under Rocket's roof, according to an investor presentation. The three companies combined had $8.4 billion in revenue in 2024.Krishna tells Barron's that he sees clear advantages to the size. Redf","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["RITM","RKT","BK4547","BK4195","BK4548","BK4079","COOP","PFSI","BK4229","RDFN","BK4110"],"gpt_icon":0},{"id":"2524497743","title":"Half of Real-Estate Agents Would Not Recommend the Career Path -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2524497743","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524497743?lang=en_us&edition=fundamental","pubTime":"2025-04-02 22:51","pubTimestamp":1743605460,"startTime":"0","endTime":"0","summary":"1051 ET - Redfin commissioned a survey of 500 real-estate agents, revealing what is calls the challenges and opportunities facing today's real estate professionals. Only 21.2% would recommend a career as an agent, with 49.8% unlikely to recommend it, citing unpredictable income and client scarcity as drawbacks, though entrepreneurial freedom was a highlight. The affordability crisis tops future concerns, with 64.2% of agents worried, alongside inventory shortages and falling commissions. Following a year of industry upheaval, 51% of agents now hold an unfavorable view of the National Association of Realtors, a significant increase from 19% in 2023, Redfin says. \"A substantial percentage (38%) believe the NAR settlement changes have negatively impacted their business, compared to 5.2% who noted a positive impact,\" Redfin adds. ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4079","CFA.SI","BK4548","RDFN"],"gpt_icon":0},{"id":"2524649675","title":"Redfin Publishes 2025 Industry Survey","url":"https://stock-news.laohu8.com/highlight/detail?id=2524649675","media":"Business Wire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524649675?lang=en_us&edition=fundamental","pubTime":"2025-04-02 20:30","pubTimestamp":1743597000,"startTime":"0","endTime":"0","summary":"A Redfin-commissioned survey of agents across the industry reveals key insights about the challenges and opportunities facing today’s real estate professionals. SEATTLE, April 02, 2025---- — Redfin, the technology-powered real estate brokerage, today released the results of its 2025 Industry Survey, offering key insights into how real estate agents view their careers, the housing market, and hot-button industry issues. The report highlights the opportunities and challenges agents see in this evolving market and the increasing pressures brought on by economic uncertainty and industry reforms.The report is based on a Redfin-commissioned Ipsos survey of 500 agents from various brokerages, conducted between December 2024 and January 2025. It identifies several key themes shaping the industry:. Agents Expect Commissions to Decline: Roughly half  of agents say the average buyer’s agent commission has remained about the same since the NAR settlement changes took effect in August. However, mor","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/redfin-publishes-2025-industry-survey-123000947.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4079","BK4548","RDFN"],"gpt_icon":0},{"id":"2524672110","title":"Mr. Cooper to Be Acquired by Rocket Companies in a $9.4B Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2524672110","media":"Zacks","labels":["corporation","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524672110?lang=en_us&edition=fundamental","pubTime":"2025-04-01 20:23","pubTimestamp":1743510180,"startTime":"0","endTime":"0","summary":"Rocket Companies’ acquisition of Mr. Cooper will expand its homeownership platform significantly. This will strengthen its position as a leading mortgage servicer and originator. By leveraging its larger servicing portfolio, the company aims to maintain its industry-leading recapture rate of 83%, which is three times the industry average.The acquisition will also enhance RKT’s data capabilities, adding nearly 7 million new clients and 150 million annual customer interactions. This expanded dataset will improve automation, personalization and overall operational efficiency. Moreover, the combined entity will benefit from a more balanced business model, allowing it to generate stable earnings across various interest rate environments. With high-margin recapture opportunities, the servicing portfolio is expected to continue producing significant revenues, having generated $4 billion in servicing fees last year.Rocket anticipates substantial financial benefits from the transaction, includi","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/mr-cooper-acquired-rocket-companies-122300365.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"corporation,merge","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4195","COOP","LU1992135472.HKD","GB00BDT5M118.USD","BK4548","BK4079","BK4229","RKT","RDFN","BK4547","LU2272731600.USD","BK4585","LU2272731782.SGD","LU1992135399.USD","BK4198","BK4588","COO","LU2211815571.USD"],"gpt_icon":0},{"id":"2524113504","title":"Big City Comeback: Homebuyer Competition Is Rising Fastest in the Bay Area, New York","url":"https://stock-news.laohu8.com/highlight/detail?id=2524113504","media":"Business Wire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524113504?lang=en_us&edition=fundamental","pubTime":"2025-04-01 20:00","pubTimestamp":1743508800,"startTime":"0","endTime":"0","summary":"Redfin reports 57% of homes in San Francisco sold above their list price in February, up from 50% a year earlier—the biggest jump among the top 50 metros.SEATTLE, April 01, 2025---- — Eight of the 50 most populous U.S. metropolitan areas saw an increase in the share of homes selling for above their original list price in February, and half of those metros are in the Bay Area or New York. That’s according to a new report from Redfin , the technology-powered real estate brokerage.Nationwide, 1 in 5 Homes Sell for More Than Their Original List Price. Many home sellers shoot for the moon when pricing their homes and end up getting less money than they hoped for. That’s increasingly the case today because 2025 is shaping up to be a buyer’s market due to elevated mortgage rat","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/big-city-comeback-homebuyer-competition-120000546.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4548","BK4211","BK4079","CHCO","RDFN"],"gpt_icon":0},{"id":"2524397514","title":"Rocket CEO discusses $11 billion acquisition spree and impact of Trump tariffs on housing","url":"https://stock-news.laohu8.com/highlight/detail?id=2524397514","media":"Yahoo Finance","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524397514?lang=en_us&edition=fundamental","pubTime":"2025-04-01 02:15","pubTimestamp":1743444949,"startTime":"0","endTime":"0","summary":"Rocket Companies  CEO Varun Krishna has gone on a spring spending spree.Rocket made its second significant acquisition of the month on Monday as it looks to gain share in the fragmented mortgage servicing industry.The company will acquire mortgage servicer Mr. Cooper  for $9.4 billion in stock. The combined company will service more than $2.1 trillion in loan volume. Mr. Cooper boasts 7 million clients.\"Our vision is that we want to build an integrated homeownership platform,\" Krishna said on Yahoo Finance's Wealth . \"We want to make the entire experience of homeownership, from home search to origination to servicing, seamless and frictionless for our clients.\". \"We feel great about the story with our investors and our shareholders. We are building a generational company,\" Krishna said.Read the latest financial and business news from Yahoo Finance","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/rocket-ceo-discusses-11-billion-acquisition-spree-and-impact-of-trump-tariffs-on-housing-181549250.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4195","COOP","BK4079","RKT","RDFN","BK4229","BK4547","BK4548"],"gpt_icon":0},{"id":"2524978189","title":"BREAKINGVIEWS-Rocket’s housing expansion cramps existing lodgers","url":"https://stock-news.laohu8.com/highlight/detail?id=2524978189","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524978189?lang=en_us&edition=fundamental","pubTime":"2025-04-01 01:28","pubTimestamp":1743442133,"startTime":"0","endTime":"0","summary":"BREAKINGVIEWS-Rocket’s housing expansion cramps existing lodgersThe author is a Reuters Breakingviews columnist.  The opinions expressed are her own.By Jennifer  SabaNEW YORK, March 31 (Reuters Breaki","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250331:nL3N3QE0Z9:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1917777945.USD","LU2242649171.HKD","RKT","LU2023250843.SGD","LU0048584097.USD","LU0976567544.SGD","IE00BN8TJ469.HKD","LU2023250504.SGD","LU2430703251.USD","LU0211326755.USD","LU0689472784.USD","IE00BJTD4N35.SGD","LU2357305700.SGD","LU2430703178.SGD","BK4566","LU1244550494.USD","LU2505996509.AUD","LU0256863811.USD","LU1894683348.USD","COOP","BK4588","LU0345769128.USD","LU0683600562.USD","LU0203347892.USD","IE00BZ1G4Q59.USD","BK4195","LU1267930490.SGD","LU1914381329.SGD","LU1988902786.USD","BK4207","LU2552382215.SGD","IE00BFXG1179.USD","IE0034235295.USD","LU1629891620.HKD","LU2592432038.USD","LU0820561818.USD","LU2237443895.HKD","LU1064131342.USD","LU2430703095.HKD","LU0208291251.USD","RDFN","LU1084165304.USD","LU0820561909.HKD","LU2237443622.USD","LU0417517546.SGD","LU1720051108.HKD","BK4547","LU2552382132.HKD","LU0106831901.USD","BK4504"],"gpt_icon":0},{"id":"2524937978","title":"Redfin and Rocket Shares Fall After Mr. Cooper Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2524937978","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524937978?lang=en_us&edition=fundamental","pubTime":"2025-04-01 01:23","pubTimestamp":1743441780,"startTime":"0","endTime":"0","summary":"Redfin and Rocket Cos. shares fell after Rocket signed a $9.4 billion all-stock deal to acquire Mr. Cooper Group weeks after striking a stock-based deal to buy Redfin.Shares of Rocket were down 9.4% at $11.91 on Monday, while shares of Redfin declined 11% to $9.05.The two companies said on March 10 that Rocket would buy Redfin in a $1.75 billion all-stock deal that values Redfin shares at $12.50 apiece. Redfin's stock jumped by 68% to close at $9.77 that day, while shares of Rocket pulled back 15% to $13.35.On Monday, Rocket said it had notched another deal to buy Mr. Cooper in a transaction that values the mortgage servicer's shares at $143.33. Mr. Cooper shares have climbed 14% to $119.41.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4198","BK4195","LU1992135472.HKD","BK4229","GB00BDT5M118.USD","LU1992135399.USD","LU2272731600.USD","LU2272731782.SGD","RDFN","BK4585","BK4079","LU2211815571.USD","BK4588","COO","BK4548","BK4547","RKT","COOP"],"gpt_icon":0},{"id":"2523947037","title":"Rocket Uses Stock to Scoop More of Mortgage Market -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2523947037","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2523947037?lang=en_us&edition=fundamental","pubTime":"2025-03-31 21:50","pubTimestamp":1743429000,"startTime":"0","endTime":"0","summary":"0950 ET - Rocket Cos. is heating up the tepid M&A market with another big all-stock acquisition, this time buying servicer Mr. Cooper Group with a deal that carries an equity value of $9.4 billion. The owner of Rocket Mortgage scooped up real-estate broker Redfin with a $1.75 billion all-stock transaction earlier this month. The deals combine Rocket, the largest U.S. mortgage originator, with the most visited real-estate brokerage website in Redfin and the largest U.S. mortgage servicer in Mr. Cooper, Rocket says in an investor presentation. Rocket's CEO told The Wall Street Journal earlier this month that the company is building a one-stop shopping platform for homebuyers. Mr. Cooper Group shares rocket 13% in early trading. ","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4548","BK4079","COOP","RKT","BK4547","BK4229","BK4195","RDFN"],"gpt_icon":0},{"id":"2523945488","title":"BUZZ-Mr Cooper surges on $9.4 billion takeover deal with Rocket Companies","url":"https://stock-news.laohu8.com/highlight/detail?id=2523945488","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2523945488?lang=en_us&edition=fundamental","pubTime":"2025-03-31 20:07","pubTimestamp":1743422828,"startTime":"0","endTime":"0","summary":"BUZZ-Mr Cooper surges on $9.4 billion takeover deal with Rocket Companies     ** Home loan service provider Mr Cooper's COOP.O shares rise 26.6% to $132.03 premarket      ** Mortgage lender Rocket Com","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250331:nL4N3OY17C:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4547","BK4229","BK4548","RDFN","COOP","BK4195","BK4079","RKT"],"gpt_icon":0},{"id":"2522891315","title":"Bad news for home buyers: Mortgage rates remain stuck near 7%","url":"https://stock-news.laohu8.com/highlight/detail?id=2522891315","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522891315?lang=en_us&edition=fundamental","pubTime":"2025-03-28 00:16","pubTimestamp":1743092160,"startTime":"0","endTime":"0","summary":"Rates aren't moving up or down much but that offers more stability for home buyers, mortgage industry says. Home buyers continue to face steep borrowing costs as the spring home buying season approaches, with mortgage rates remaining largely frozen over the last four weeks.But rates are double what they were five years ago. In late March 2020, the 30-year fixed-rate mortgage averaged 3.5%.Some in the mortgage industry said that the fact that rates were largely unchanged offered stability to buyers. \"For home buyers, particularly first-time buyers, a more stable rate environment allows for better planning and budgeting,\" Samir Dedhia, chief executive of One Real Mortgage, said in a statement.In this current environment of high rates and high home prices, \"home affordability is seriously constrained and the dream of homeownership feels out of reach to over [one] million Americans who are not striking out on their own because they cannot afford a mortgage payment on a house that meets 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