The Latest Breaking News from Redfin

The rise in prices is driven by remote workers moving in from expensive coastal cities

Upgrades According to Susquehanna, the prior rating for Boyd Gaming Corp (NYSE:BYD) was changed from Neutral to Positive. At the moment, the stock has a 52-week-high of $72.72 and a 52-week-low of $50.38. Boyd Gaming closed at $64.20 at the end of the last trading period.

After dozens of showings and 22 offers in one day, a Northeast Philadelphia rowhouse left the market after two days. The house was listed at $175,000 — a popular price point. The winning bidder will pay more than $210,000.

Compared to other sectors of the wider economy, the housing and mortgage industries have traditionally been slower to embrace cutting-edge technologies and digital solutions. A myriad of reasons explain this pokey response to evolving change, ranging from the sector’s conservative risk tolerance to a lack of standardization in many evolving technologies.

The latest data news from the housing market included new records being achieved in single-family home and condominium sales, the 30-year fixed-rate mortgage crashing through the 4.5% level, and a warning from a prominent industry economist on the potential for a recession created by the Federal Reserve.

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Over the past 3 months, 4 analysts have published their opinion on Redfin (NASDAQ:RDFN) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Investor purchases of single-family homes shot up this year, bringing more competition for the average homebuyer in an already tense housing market.

Seven out of ten most expensive metro areas are in California