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.
Redfin
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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.
Active listings climb as the end of 2024 nears
Months of supply edged up 0.6% year over year to 4 months, indicating a balanced market and cooling competition.
New apartment construction hasn’t lowered rents in many areas
Redfin reported a 18-month high in asking rent prices for new construction apartments. Can low-income workers keep up in 2025?
Is now a good time to buy a house?
Rapid changes in mortgage rates have left many would-be homebuyers asking: Is now a good time to buy a house?
Redfin’s 2025 housing market forecast predicts resilient homebuyers
Redfin forecasts home prices to rise by 4% over the course of 2025, with existing home sales between 4.1 million and 4.4 million.