Previous Close | 0.0500 |
Open | 0.0500 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 9.00 |
Expire Date | 2024-06-21 |
Day's Range | 0.0500 - 0.0500 |
Contract Range | N/A |
Volume | |
Open Interest | N/A |
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Opendoor (NASDAQ:OPEN) and the best and worst performers in the real estate services industry.
SEATTLE, May 23, 2024--(NASDAQ: RDFN) —The median U.S. home-sale price hit a record $387,600 during the four weeks ending May 19, up 4% from a year earlier. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Weekly average mortgage rates dipped to 7.02% from a five-month high of 7.22% at the start of the month, bringing the median monthly housing payment to $2,854, roughly $20 shy of April’s all-time high.
Looking back on real estate services stocks' Q1 earnings, we examine this quarter's best and worst performers, including Redfin (NASDAQ:RDFN) and its peers.