Despite Redfin's low P/S ratio and the forecasted revenue growth matching the wider industry, the market seems to question the revenue growth estimates. The weak share price and low P/S ratio could indicate that investors anticipate future revenue volatility.
Will Rate Cuts Give a Boost to the Real Estate Sector? On the last day of the year Jefferies announced its final batch of analysts ratings for 2023. The majority of the ratings changes were upgrades to real estate companies. When I say "majority," I mean just about any company you can think of in the real estate sector. They gave big price upgrades to just about everything in the sector from single family, multifam...
Redfin's Senior Economist, Elijah de la Campa, expects more listings and lower mortgage rates in 2024 to stimulate buyer activity. NAR Chief Economist Lawrence Yun also anticipates a revitalized demand for housing given falling mortgage rates and increasing income.
Real-estate agent Shay Stein notes that sellers are now pricing homes fairly to facilitate sales. Experts predict mortgage rates to drop further, potentially to an enticing 'magic rate' of 5.5%, boosting market activity.
RECAP U.S. stocks pushed to back-to-back records Thursday, with the Dow Jones Industrial Average up less than 60 points after carving out a fresh record. Optimism about the Federal Reserve's interest-rate-cut projections delivered a day ago had been fueling a powerful rally. Treasury yields fell, and interest rate-dependent stocks in the housing or auto sector flew. The$道瓊斯指數(.DJI.US)$adv...
$Redfin(RDFN.US)$reported in a press release that daily average mortgage rates have fallen to 6.82%, and housing payments have dropped to their lowest level since April. It is the first time daily rates have dipped below 7% since July. Rates dropped after the Fed indicated on Wednesday that they're on a path toward lowering interest rates more and sooner than expected. Redfin, and real estate firms like it predict that Fed movements ...
Today, the real-estate sector extended its gains after scoring the biggest daily jump in a year yesterday. Shares of real estate broker$Redfin(RDFN.US)$,$Zillow-C(Z.US)$, and$Anywhere Real Estate(HOUS.US)$, the parent company of brokerage firms Corcoran, Century 21 and Sotheby's International Realty, are up 12.82%, 1.27%, and 1.57%, respectively. October saw a slowdown in retail sales, but earlier months' figures were revi...
Redfin股票討論區
It is officially rebounding at this point.
It looks like it may be time to find the outperformed in this ETF to possibly find some profitable trades.
$SPDR 標普500指數ETF(SPY.US)$$安博(PLD.US)$$Redfin(RDFN.US)$$西蒙地產(SPG.US)$$沃那多房信(VNO.US)$$The Real Estate Select Sector SPDR Fund(XLRE.US)$$房地產板塊精選指數(.SIXRE.US)$$Real Estate Select Sector Index Settlement Value(.SISRE.US)$$房地產(BK20762.US)$
Jeffries Just Upgraded the Price Targets of a Big Chunk of the Real Estate Sector.
On the last day of the year Jefferies announced its final batch of analysts ratings for 2023. The majority of the ratings changes were upgrades to real estate companies. When I say "majority," I mean just about any company you can think of in the real estate sector.
They gave big price upgrades to just about everything in the sector from single family, multifam...
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專欄Wall Street Today | US Stocks Rise, Treasury Yields Slump as Fed Signals Dovish Skew
U.S. stocks pushed to back-to-back records Thursday, with the Dow Jones Industrial Average up less than 60 points after carving out a fresh record. Optimism about the Federal Reserve's interest-rate-cut projections delivered a day ago had been fueling a powerful rally. Treasury yields fell, and interest rate-dependent stocks in the housing or auto sector flew.
The $道瓊斯指數(.DJI.US)$ adv...
專欄RedFin, Opendoor Stocks Jump on Hopes for Lower Interest Rates
Rates dropped after the Fed indicated on Wednesday that they're on a path toward lowering interest rates more and sooner than expected. Redfin, and real estate firms like it predict that Fed movements ...
專欄Real Estate Brokerage Stocks Extend Gain on 'Goldilocks' Economic Signs
Shares of real estate broker $Redfin(RDFN.US)$, $Zillow-C(Z.US)$, and $Anywhere Real Estate(HOUS.US)$, the parent company of brokerage firms Corcoran, Century 21 and Sotheby's International Realty, are up 12.82%, 1.27%, and 1.57%, respectively.
October saw a slowdown in retail sales, but earlier months' figures were revi...
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