Redfin

Money

Redfin Stock Soars as Rocket Companies Acquires Firm for $1.75B

KEY TAKEAWAYS Redfin shares are surging 75% in premarket trading Monday after mortgage giant Rocket Companies announced it was buying…

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Real Estate

Redfin To Shed 450 Staffers After $100M Rental Partnership With Zillow

On the same day Redfin announced a new partnership to syndicate Zillow rental listings in multifamily buildings, the company said…

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Real Estate

Typical Days On Market Reaches Slowest Pace In Five Years: Redfin

Persistent market headwinds resulted in a slow beginning to the year, according to Redfin. The typical days on market reached…

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Real Estate

Redfin Lays Off 46 Employees At Seattle Headquarters

Seattle-based brokerage Redfin has begun the year by laying off 46 employees, including managers in its headquarters, program, and field leadership…

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Money

US Home Prices Rose Month-to-Month in November, Redfin Says

Key Takeaways U.S. home prices rose 0.5% last month from October levels, according to Redfin. They rose 5.7% year-over-year, a…

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Real Estate

Redfin Commission Model Drawing More, Better Agents: Jason Aleem

Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect…

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Real Estate

Older Buyers Prioritizing Lifestyle Over Climate Risk, Redfin Says

In 2023, nearly 37 percent of homes bought by individuals aged 65 and older were located in areas with high…

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Real Estate

Renters Feel Less Connected To Their Neighbors Than Homeowners: Redfin

Renters are more likely than homeowners to feel disconnected from their neighbors, according to a Redfin-commissioned survey of 894 renters…

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Real Estate

What’s The Rent? A Whole Month’s Pay, 1 in 5 Renters Tell Redfin

Redfin report finds 22 percent of U.S. renters say they pay their all of their monthly income to afford rent.…

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Money

Redfin Lost Market Share, Missed Estimates and Cut Its Outlook. Its Stock Is Falling

Key Takeaways Redfin missed profit and sales estimates as its market share in the U.S. slipped. The online real estate…

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