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Redfin

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Redfin, Thumbtack partner to connect homeowners with improvement pros

June 20, 2025 by bp56691
The feature allows users to review customer feedback, compare prices and connect with contractors through the Redfin site or Android app.
Categories Artificial Intelligence, Home Improvement, HWmember, Real Estate, Redfin, Technology

Americans are divided over housing impacts of immigration, tariffs

June 13, 2025 by bp56691
Opinions fell mainly along party lines, with Republicans having a rosier view of tariffs and new immigration policies than Democrats.
Categories Affordability, Donald Trump, Homebuilders, Housing Market, HWmember, Politics, Redfin, Tariffs

‘It was love at first sight!’ Inside Rocket’s pursuit of Redfin, Mr. Cooper

June 9, 2025 by bp56691
CEOs Varun Krishna, Jay Bray and Glenn Kelman share how and why the deals went down at HousingWire’s The Gathering.
Categories HWmember, Mergers and Acquisitions, Mortgage, Mr. Cooper, Real Estate, Redfin, Rocket Companies, Rocket Mortgage, The Gathering, The Gathering 2025

Redfin stockholder files suit over disclosures in Rocket deal

May 12, 2025 by bp56691
Redfin shareholders are set to vote on Rocket’s acquisition of the firm next month, but one stockholder has issues with the disclosures.
Categories Glenn Kelman, Goldman Sachs, HWmember, Lawsuit, Legal, Mergers and Acquisitions, Mortgage, Real Estate, Redfin, Rocket Companies

Rocket shifts focus to integration after Q1 growth in originations and M&A

May 8, 2025 by bp56691
Lower rates helped Detroit-based Rocket Companies improve its originations in the first quarter of the year, a period also marked by the announcement of two major acquisitions, Redfin and Mr. Cooper. 
Categories Earnings, HWmember, LendingLife, Mortgage, Mr. Cooper, Origination, Redfin, Rocket Companies, Rocket Mortgage

Redfin reports falling revenue, higher losses in Q1 2025

May 6, 2025 by bp56691
Redfin did not host an earnings call ahead of its pending acquisition by Rocket Companies, a move CEO Glenn Kelman said the firm is excited for.
Categories Earnings, HWmember, Mergers and Acquisitions, Real Estate, Redfin, Rocket Companies

What went wrong at Redfin?

March 18, 2025 by bp56691
What went wrong at Redfin?
Redfin launched with the intention of redefining the real estate industry, but in a turbulent housing market, its signature innovation may have ultimately ended its run as a standalone company.
Categories Brokerage, Data & Visuals, Glenn Kelman, HWmember, Real Estate, Real Estate Agents, Redfin, Rocket Mortgage

Investor home purchases are sinking, and it’s most evident in Florida

March 5, 2025 by bp56691
Real estate investors bought fewer homes in the fourth quarter of 2024, with purchases falling to the lowest level for any fourth quarter since 2016, according to a new report from Redfin.
Categories Affordability, Florida, Housing Market, HWmember, Mortgage Rates, Real Estate Investing, Redfin

Glenn Kelman, Redfin eye profitability in 2025

February 27, 2025 by bp56691
Glenn Kelman, Redfin eye profitability in 2025
Redfin executives believe the company has made the necessary adjustments and investments to grow in 2025 after another net loss in 2024.
Categories Brokerage, Earnings, Glenn Kelman, HWmember, Real Estate, Real Estate Listings, Redfin, Zillow

Zillow is still in the red, but its major revenue streams are rising

February 12, 2025 by bp56691
On its fourth-quarter 2024 earnings call on Tuesday evening, Zillow announced a partnership with fellow Seattle-headquartered firm Redfin that will make Zillow the exclusive provider of multifamily listings on Redfin, Rent.com and ApartmentGuide.com.
Categories Earnings, HWmember, Real Estate, Redfin, Seattle, Technology, Zillow
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