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The Latest Breaking News from Glenn Kelman

Redfin CEO Glenn Kelman: ‘People think you’re a saint just for picking up the telephone’

Also: This year’s most admired companies, More effects and insights from DeepSeek.

Fortune · Jan 29, 2025

Top real estate CEO says California faces a ‘triple threat’ no one has seen before

However, President Donald Trump could become the “real estate developer in chief” that the state needs.

Fortune · Jan 24, 2025

Top real estate CEO says fire-ravaged LA residents are desperate for a place ‘to live for the week’ amid waves of price gouging

“Forget about buying their forever home,” Redfin’s Glenn Kelman said. “They’re looking for shelter.”

Fortune · Jan 24, 2025

From analysis to the latest developments in health,
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Top real-estate CEO suggests some young people might have voted for Trump because they're sick of living in their parents' basements

Now they’re expecting him to build the housing they need, Redfin’s Glenn Kelman said.

Fortune · Nov 14, 2024

A triple threat stalks the housing market as rates, costs, and election anxiety collide

Oh, and of course, home prices are still skyhigh.

Fortune · Sep 18, 2024

Redfin CEO Says If Mortgage Rates Don't Fall, Plan B Is To 'Drink Own Urine Or Competitors Blood'

During Redfin's Q2 earnings call, CEO Glenn Kelman said he is surprised about the muted real estate market activity despite mortgage rates consistently declining in recent months.

International Business Times UK · Aug 14, 2024

Buyers are gaining the upper hand in the housing market as top real estate CEO warns sellers on high asking prices: 'The sharks come out, and it will hurt you even more'

"It is a different environment. We are now seeing more sellers than buyers," Compass CEO Robert Reffkin said.

Fortune · May 26, 2024

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Housing hit ‘rock bottom’ this year, but a top real estate CEO sees improvement over the next several months

Weekly mortgage rates just fell below 7%, a “milestone” in the housing world, according to Redfin’s Glenn Kelman.

Fortune · May 23, 2024

2 Small-Cap Stocks Insiders Are Buying This Month

Top company insiders have been buying shares of these two Russell 2000 Index components. Here's what investors need to know about these two stocks under $20.

Barchart · Mar 16, 2024

Real-estate industry rocked by $1.8 billion verdict finding ‘conspiracy’ to force sellers to pay illegal commission fees

Warren Buffett's HomeServices was among the defendants found liable for a verdict that could climb to more than $5 billion.

Fortune · Nov 1, 2023

‘Enough is enough’: Redfin is so furious about the bombshell NAR sexual harassment report it’s ordering thousands of Realtors to ditch the industry group

Redfin only joined the National Association of Realtors in 2017, and now it’s ordering as many of its members to leave as possible. It just can’t yet in some markets.

Fortune · Oct 12, 2023

Zillow, Redfin Link to Connect Homebuyers With Homebuilders

Real estate rivals aim to increase visibility of new-construction listings.

Kiplinger · Aug 8, 2023

Elon Musk says home prices will tumble 'next'—Redfin's CEO disagrees

Elon Musk thinks pain awaits the residential housing market, tweeting that "Commercial real estate is melting down fast. Home values next."

Fortune · May 31, 2023

State of the Union: Biden sees economic glow, GOP sees gloom

Going into Tuesday’s State of the Union address, President Joe Biden sees a nation with a glowing economic future

The Independent UK · Feb 4, 2023

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Fortune · Jan 31, 2023

This is the second-biggest home price correction of the post-WWII era—it's also a fairly mild correction

Seattle home prices are down 13.5%, while Chicago home prices have only fallen 0.8%.

Fortune · Dec 12, 2022

The U.S. housing market heads into 2023 still in correction mode—these 2 charts show what's happening to home prices

The U.S. home price correction is sharper—and more widespread—than previously thought.

Fortune · Nov 10, 2022

The Pandemic Housing Bust rocks bubbly markets like Phoenix

Some markets have gone straight from Pandemic Housing Boom to Pandemic Housing Bust.

Tribune News Service · Nov 9, 2022

Seattle’s Redfin to cut workforce by at least 13%, end its house flipping initiative

SEATTLE — The cooling housing market is driving yet another round of layoffs at a Seattle-based company.

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Fortune · Nov 8, 2022

The U.S. housing market to see second biggest correction of the post-WWII era—when to expect the home price bottom

In the third quarter of 2022, falling home prices erased a record $1.3 trillion in home equity. It isn't over yet.

Tribune News Service · Jun 15, 2022

Redfin to lay off hundreds as housing market cools

The cooling housing market is catching up with Seattle's real estate tech companies.

Axios · Jun 14, 2022

Redfin laying off 8% of its staff

"We could be facing years, not months, of fewer home sales, and Redfin still plans to thrive."

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