Rocket Companies to purchase Redfin in $1.75B all-stock deal

Rocket Companies announced Monday its plans to acquire Redfin in an all-stock transaction valued at $1.75 billion in equity. This acquisition will integrate Redfin’s home search platform, which features over 1 million listings and a network of 2,200 ag… Continue reading

Redfin President of Real Estate Services Adam Wiener is moving on

In a memo to employees, Redfin CEO Glenn Kelman said the 15-year veteran of the company will serve as an advisor after his final day on Sept. 8. Redfin has no plan to fill the vacated position. Continue reading

Glenn Kelman: Seattle market is witnessing effects of coronavirus

The Redfin CEO noted in blog posts that the market fluctuates day-to-day, but overall, he’s seen a drop in demand since the beginning of March. Continue reading