reports
Vishay Precision Group Announces Date for Its First Quarter Fiscal 202...
Vishay Precision Group Announces Date for Its First Quarter Fiscal 2025 Earnings Conference Call MALVERN, Pa., April 10, 2025 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement and sensing technologies, will release its financial results for the first quarter fiscal 2025 before the opening of the market on Tuesday, May 6, 2025. Ziv Shoshani, chief executive officer, and Bill Clancy, chief financial officer, will host a conference call that day (Tuesday, May 6, 2025) at 9:00 a.m. U.S. eastern time. To access the conference call, interested pa...
Moody's Ratings announces completion of a periodic review of ratings o...
Moody's Ratings (Moody's) has completed a periodic review of the ratings of NextEra Energy, Inc., Florida Power & Light Company, NextEra Energy Capital Holdings, Inc. and other ratings that are associated with these issuers. The review was conducted through a rating committee held on 26 March 2025 ...
Redfin Reports Home Sales Dropped Significantly in Altadena and the Pa...
SEATTLE--(BUSINESS WIRE)-- (NASDAQ: RDFN) — Home sales fell by double digits in the Pacific Palisades and Altadena in the wake of January’s devastating Los Angeles wildfires, according to a new from Redfin (), the technology-powered real estate brokerage. In the (), just 12 homes sold in February, down 56% from a year earlier. And in (), 32 homes sold, down 43% year over year. Home listings fell in neighborhoods hit by the wildfires, too. Listings slowed a bit in February—but not nearly as much as sales. There were 23 new listings in the Palisades, down 12% year over year, and 46 new list...
Redfin Reports Gen Z and Millennial Homeownership Rates Flatlined in 2...
SEATTLE--(BUSINESS WIRE)-- (NASDAQ: RDFN) — Young Americans are losing their momentum when it comes to homeownership, according to a new from Redfin (), the technology-powered real estate brokerage. Just over one-quarter (26.1%) of Gen Zers owned their home in 2024, essentially flat from 2023 (26.3%) and 2022 (26.2%). Before that, the Gen Z homeownership rate had increased each year since Gen Zers started aging into potential homeownership in 2017 (except 2022, when it stayed flat). The story is similar for millennials: 54.9% of millennials owned their home last year, essentially unchanged f...
Redfin Reports Near-Record Housing Costs Put a Lid on Pending Sales, E...
SEATTLE--(BUSINESS WIRE)-- (NASDAQ: RDFN) —The typical U.S. homebuyer’s monthly housing payment is $2,793, just a few dollars shy of the all-time high, according to a new from Redfin (), the technology-powered real estate brokerage. Housing payments are sky-high because sale prices keep rising and mortgage rates remain high. The median home-sale price rose 3.3% year over year during the four weeks ending March 16, and the weekly average mortgage rate is 6.65%, its lowest level since mid-December but still more than double pandemic-era lows. Lack of affordability is suppressing homebuyer dem...
Redfin Report: America’s Renter Population Grew 1% in the Fourth Quart...
SEATTLE--(BUSINESS WIRE)-- (NASDAQ: RDFN) —The number of renter households in America increased 0.8% year over year to 45.4 million in the fourth quarter—the slowest growth since the first quarter of 2023, according to a new from Redfin (redfin.com), the technology-powered real estate brokerage. The number of homeowner households rose 0.8% to 86.9 million—a growth rate that’s little changed from recent quarters. That marks the first time in over a year that the number of renter and homeowner households are increasing at the same rate. Prior to this, the number of renter households had been g...
Redfin Reports U.S. Home Prices Grew 0.4% in February, the Slowest Pac...
SEATTLE--(BUSINESS WIRE)-- (NASDAQ: RDFN) — U.S. home prices grew 0.4% from a month earlier in February on a seasonally adjusted basis, equal to the slowest pace since July 2024, according to a new from Redfin (), the technology-powered real estate brokerage. Home prices were up 5.1% on a year-over-year basis—the slowest pace since August 2023. Prices have grown between 0.4% and 0.6% month over month in 13 of the past 16 months. This is according to the Redfin Home Price Index (RHPI), which uses the repeat-sales pricing to calculate seasonally adjusted changes in prices of single-family ho...
Intevac Announces Details of Special Dividend
SANTA CLARA, Calif.--(BUSINESS WIRE)-- Intevac, Inc. (Nasdaq: IVAC) (“Intevac”), a supplier of thin-film processing systems, today announced that a one-time special cash dividend of $0.052 per share of common stock will be paid on March 28, 2025, to all stockholders of record as of the close of business on March 24, 2025. The one-time special cash dividend is being paid in connection with the proposed acquisition of Intevac by Seagate Technology Holdings plc (“Seagate”). Seagate has commenced a tender offer (the “Offer”) to acquire all of Intevac’s outstanding common stock for $4.00 per share...
Redfin Reports Home Prices Are Rising Fast in the Midwest
SEATTLE--(BUSINESS WIRE)-- (NASDAQ: RDFN) — The Midwest is home to three of the five metro areas where home prices are rising fastest, according to a new from Redfin (), the technology-powered real estate brokerage. In , the median home sale price rose a record 20% year over year in February to $330,000—the biggest jump among the 50 most populous metros. Next came (12.5%), (11.7%), (11.1%) and (10%). Nationwide, the median home sale price climbed 3.2% to $425,421—the slowest growth in six months. That coincided with a slowdown in homebuyer demand; U.S. pending home sales fell 6.2% year ...
Redfin Reports the Top 10 Most Expensive Home Sales of February
SEATTLE--(BUSINESS WIRE)-- (NASDAQ: RDFN) — Coastal Florida was home to seven of the 10 highest-priced U.S. home sales of February, according to a new from Redfin (), the technology-powered real estate brokerage. Two estates in Southern California and one penthouse in New York City rounded out the list. All sold for more than $30 million, and the top three sold for $40 million or more. While Florida residents have been grappling with soaring and intensifying natural disasters, the state is still a magnet for wealthy Americans. The majority of last month’s most expensive sales were in beachf...
More People Are House Hunting and Applying For Mortgages as Rates Decl...
SEATTLE--(BUSINESS WIRE)-- (NASDAQ: RDFN) — More house hunters are touring homes and applying for mortgages as weekly average mortgage rates dip to their lowest level since mid-December. That’s according to a new from Redfin (), the technology-powered real estate brokerage. Mortgage-purchase applications rose 7% this week, and Google searches of “homes for sale” are up 10% month over month. Redfin’s Homebuyer Demand Index–a seasonally adjusted measure of home tours and other buying services from Redfin agents–hit its highest level since the start of the year. The uptick in house hunting has...
The Typical U.S. Homeowner Stays Put For 11.8 Years. In Parts of Calif...
SEATTLE--(BUSINESS WIRE)-- (NASDAQ: RDFN) — The typical U.S. homeowner stays in their house for 11.8 years, but homeowners in California—where Proposition 13 can lock owners into low property-tax rates—are staying put much longer, according to a new from Redfin (), the technology-powered real estate brokerage. In Los Angeles, where homeowners hold onto their houses longer than any other U.S. metro, the median tenure was 19.4 years in 2024—the longest span on record for the area. It’s followed closely by San Jose, with a median tenure of 18.3 years. Homeowners in San Francisco, San Diego and ...
America’s Wealthiest 1% Could Buy 99% of America’s Homes
SEATTLE--(BUSINESS WIRE)-- (NASDAQ: RDFN) — The combined value of nearly 100 million U.S. homes reached $49.7 trillion at the end of 2024, while the combined net worth of America’s wealthiest 1% has grown to a record $49.2 trillion. In other words, the wealthiest 1% can afford to buy nearly every home in America. That’s according to a new from Redfin (), the technology-powered real estate brokerage. Even though the two numbers are not directly related, the growth trajectories of home values and the net worth of the top 1% have tracked similar paths over the past 20 years. Redfin Economics R...
Redfin Report: The Rise of the Rich Renter
SEATTLE--(BUSINESS WIRE)-- (NASDAQ: RDFN) — Nearly three-quarters of the most populous U.S. metropolitan areas (35 out of 50) have seen wealthy renters take up a bigger piece of the rental-market pie in recent years, led by Raleigh, NC and Orlando, FL. That’s according to a new from Redfin (redfin.com), the technology-powered real estate brokerage. In Raleigh, 7.7% of renters are wealthy, up from 4.8% in 2019—the largest increase among the top 50 metros. It’s followed by Orlando (10.8%, up from 8.5%), Buffalo, NY (6.6%, up from 4.6%), Tampa, FL (9.4%, up from 7.9%) and San Diego (9.3%, up fr...
VPG to Participate in the Sidoti March 2025 Small-Cap Investor Confere...
VPG to Participate in the Sidoti March 2025 Small-Cap Investor Conference MALVERN, Pa., March 10, 2025 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement and sensing technologies, announced that the company will present at the Sidoti March 2025 Small-Cap Virtual Investor Conference on Thursday, March 19, 2025 at 11:30 a.m. ET. A live and on-demand webcast of VPG’s presentation will be available to the public and can be accessed from the following link: , or on VPG’s website: . For more information, or for help arranging a one-on-one meeting at...
Redfin Reports New Apartments Are Filling Up at Nearly the Slowest Pac...
SEATTLE--(BUSINESS WIRE)-- (NASDAQ: RDFN) — Less than half (47%) of newly built apartments completed in the third quarter of 2024 were rented within three months, according to a new from Redfin (redfin.com), the technology-powered real estate brokerage. That’s tied with the fourth quarter of 2023 for the lowest share on record aside from the start of the pandemic. This is according to a Redfin analysis of the U.S. Census Bureau’s seasonally adjusted absorption rate data for unfurnished, unsubsidized, privately financed rental apartments in buildings with five or more units, dating back to 20...
Redfin Report: U.S. Asking Rents Rose 0.4% in February—A Small Increas...
SEATTLE--(BUSINESS WIRE)-- (NASDAQ: RDFN) — The median U.S. asking rent rose 0.4% year over year to $1,607 in February—the first increase in six months and the biggest in nine months. That’s according to a new from Redfin (redfin.com), the technology-powered real estate brokerage. On a month-over-month basis, asking rents climbed 0.6%. Though asking rents inched up in February, they’ve been relatively flat for the past 10 months compared to the large swings of the past few years. Rents skyrocketed as much as 18% year over year during the pandemic moving frenzy in 2021, and then fell as much ...
Redfin Reports Pending Home Sales Are Down 6%, But Falling Mortgage Ra...
SEATTLE--(BUSINESS WIRE)-- (NASDAQ: RDFN) — Pending U.S. home sales fell 6.4% from a year earlier during the four weeks ending March 2, the second-biggest decline since November 2023. That’s according to a new from Redfin (), the technology-powered real estate brokerage. Sales are sluggish because the median U.S. sale price is up 3.2%, and the typical homebuyer’s monthly housing payment is just $26 shy of its all-time high. Plus, some prospective buyers are wary about making a big purchase amid economic uncertainty, including concerns about tariffs, slowing economic growth and layoffs. But ...
Redfin Reports Investor Home Purchases Decline Slightly Nationwide, Dr...
SEATTLE--(BUSINESS WIRE)-- (NASDAQ: RDFN) — U.S. real estate investors purchased 47,004 homes in the fourth quarter—the lowest level for that time of year since 2016—according to a new from Redfin (), the technology-powered real estate brokerage. That’s down 3.9% from a year earlier, the biggest decline in a year. There are several reasons investor activity is declining: Slowing housing market. Investors are buying fewer homes for some of the same reasons other people are buying fewer homes: High home prices and high mortgage rates. Overall pending U.S. home sales fell to their on record ...
Redfin Report: D.C. Rents Up 2.7% in February Following 3 Months of De...
SEATTLE--(BUSINESS WIRE)-- (NASDAQ: RDFN) — The median rent in the District of Columbia rose 2.7% year over year to $2,325 in February, following three months of declines. That’s according to a new from Redfin (redfin.com), the technology-powered real estate brokerage. Asking rents have fallen nine of the past 12 months in the District, even as the wider Washington D.C. metro area saw some of the biggest rises in the country. The median asking rent in the District peaked at $2,463 in July 2023, but has fallen since as apartment construction boomed, bouncing around between $2,265 and $2,350 ...
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