Market does a poor job pricing RE stocks by overreacting to seasonal cycles. Regardless of long term trend or company performance, you can see here that late October to early November historically produced price low points for RDFN.
This is when the summer buying frenzy slows down and home sales slow due to a complex combination of hiring cycle, school year, weather, etc. However, over the subsequent few months there's typically a rebound or surge in price.
Guess what, it's that season of the year again, and RDFN has a nice setup for a long term bullish trend.
Position: long LEAPs