Redfin’s Glenn Kelman has a theory on why housing prices are plunging

Investors, including iBuyers, that entered the housing market in 2020 and 2021 are at least partly to blame for the dramatic price correction playing out in 2022, Kelman said in a new interview. Continue reading

Will Elon Musk’s Twitter torpedo real estate’s most critical debates?

Elon Musk is already shaking things up just days after buying Twitter. That could have big implications for some of real estate’s most pressing debates. Continue reading

Sink or swim, the fate of real estate’s mightiest CEOs will be revealed

Heads will roll and company valuations will sink so low that new outsiders will opportunistically make big acquisitions, Brad Inman writes. Real estate’s Masters of the Universe are on notice. Continue reading

Adiós America! Far Homes’ $2.25M seed funding helps buy abroad

“Their business will benefit their customers, colleagues and communities, not just themselves and their other shareholders,” said Redfin CEO Glenn Kelman. Continue reading

Here’s how Redfin’s Glenn Kelman became a reality TV star

Kelman and other real estate “tycoons” star in a “Shark Tank”-inspired competition called “Buy My House.” The show debuts Friday on Netflix. Continue reading

Buyers are leaning on contingencies to bail out of deals, Redfin CEO says

During his latest appearance on CNBC, Redfin CEO Glenn Kelman shared how buyers and sellers are locked in a battle of the wills as the market slowly shifts in buyers’ favor. Continue reading

Get ready for ‘real estate mogul’ Glenn Kelman, reality TV star

The Redfin CEO joins Corcoran CEO Pamela Liebman and other industry professionals in a “Shark Tank”-like real estate show called “Buy My House” to debut in September on Netflix. Continue reading

WATCH: Redfin’s Glenn Kelman attempts a dance on the ICLV stage

In addition to his performance, the Redfin CEO said on the Inman Connect stage that the market correction is more significant than is widely appreciated, especially in hot western metro areas. Continue reading

In earnings twist, most real estate companies avoided the worst in Q2

Despite a quickly slowing market in the second quarter, many of the dozen or more real estate companies that posted earnings last week managed to turn a profit and stave off ruin. Continue reading

Redfin CEO: Market correction is ‘sharper’, ‘faster’ than expected

Redfin CEO Glenn Kelman also said the flow of institutions into real estate has made housing more like the stock market, and that brokerages have to either “race to the top” or “race to the bottom.” Continue reading