‘It was love at first sight!’ Inside Rocket’s pursuit of Redfin, Mr. Cooper
CEOs Varun Krishna, Jay Bray and Glenn Kelman share how and why the deals went down at HousingWire’s The Gathering.
Redfin
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Redfin stockholder files suit over disclosures in Rocket deal
Redfin shareholders are set to vote on Rocket’s acquisition of the firm next month, but one stockholder has issues with the disclosures.
Rocket shifts focus to integration after Q1 growth in originations and M&A
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.
Redfin reports falling revenue, higher losses in Q1 2025
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.
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.
Investor home purchases are sinking, and it’s most evident in Florida
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.
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.
Zillow is still in the red, but its major revenue streams are rising
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.
Redfin lays off 46 employees
Redfin has started 2025 with a round of layoffs. The Seattle-based brokerage company laid off 46 employees on Thursday.
Housing inventory is up, but so are unsold listings. Are renters to blame?
Rising housing inventory levels in 2024 may not be the positive sign of market health that they appear to be, according to Redfin data.