Mortgage giant Rocket Companies (RKT) announced Monday it agreed to purchase digital real estate brokerage Redfin (RDFN) in an all-stock deal valued at $1.75 billion. Redfin stock rose as much as 76% ...
Glenn Kelman seemed unusually down. The Redfin CEO’s playful demeanor and quotable banter was notably absent on the company’s fourth-quarter 2024 earnings call at the end of February. There could have ...
Redfin launched a ChatGPT app to enable conversational home searches and property exploration. The move follows similar integrations by Zillow and Google, raising questions about MLS data licensing.
Redfin laid off employees on Wednesday, GeekWire has learned. The Seattle-based company confirmed the cuts and said that fewer than 100 people were impacted. The layoffs affected Redfin’s Concierge ...
Luxury real estate sales increased more than 2%, posting their best year-over-year gains in three years, according to Redfin. The median price of luxury homes hit an all-time record of $1,225,000 ...
A new report from Redfin reveals the most in-demand neighborhoods across the United States. Redfin ranked U.S. ZIP codes in the 150 most populous metro areas using year-over-year growth in listing ...
The real estate disruptor is being acquired by mortgage-giant Rocket Companies. The deal is expected to close in mid-2025. Rocket is buying Redfin to build out its real estate ecosystem. Redfin is ...
During the pandemic housing boom, housing demand surged rapidly amid ultralow interest rates, stimulus relief, and the remote work boom—which increased demand for space and unlocked “WFH arbitrage” as ...