Tag Archives: Redfin

These are the mistakes that thwart brokers’ success

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Panelists at Inman Connect New York on Tuesday said that brokers err by not having written plans, not being flexible and other shortcomings. Continue reading →

How Offerpad execs plan to pivot from seller’s to buyer’s market

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Executives at the iBuying pioneer see tremendous opportunity if they can negotiate today’s challenging “in-between” phase where buyers and sellers are on the fence. Continue reading →

Mike DelPrete Intel exclusive: Big brokerages spar in race to cut costs

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All of the biggest players in real estate are cutting costs, but some are better off than others to weather the storm, Mike DelPrete argues in his first exclusive filing for Inman Intel. Continue reading →

Kelman: ‘I probably should have closed the iBuying business earlier’

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Redfin’s CEO told the “AP” he wishes he’d closed RedfinNow earlier than during the market correction taking place, calling the business model too risky and expensive. Continue reading →

Rent growth slows to smallest rate since July 2021

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While the 4.8 percent growth was still above historical norms, it’s the smallest increase since June 2021. Median asking rent in the nation’s 50 largest markets climbed to $1,979 last month. Continue reading →

Glenn Kelman calls millennials ‘the roommate generation’

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For years, real estate professionals have looked to millennials to push the housing market forward as previous generations slow their homebuying and homeselling activities. However, several obstacles — overwhelming student loan debt, stagnant wage grow… Continue reading →

After a near 90% fall, analytics firm sees Opendoor shares rising to $6

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A financial firm recently set a $6 price target for Opendoor stock. That price would be substantially higher than what shares are currently fetching. Continue reading →

Anywhere lays off more workers, announces end of RealSure iBuyer

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The company has slashed its workforce by 11 percent since last June, according to U.S. Securities and Exchange Commission filings. The moves come following months of housing market declines. Continue reading →