Tag Archives: Redfin

Offerpad to finance Keller Williams’ homebuying operation

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Offerpad will provide the home buying capital behind Keller Offers in 12 markets, giving KW agents a chance to rep both sides of a sales transaction for the iBuyer. Continue reading →

There’s a solution for high home prices — but most don’t want it

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A new Redfin study reveals that 53% of buyers and sellers oppose high-density housing despite the fact it would significantly improve affordability. Continue reading →

Is the luxury market taking a dive?

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Fears about possible recession and burgeoning trade war are keeping luxury buyers at bay, says new Redfin report. Other reports echo similar sentiments about the luxe market. Continue reading →

Realogy posts net profit despite 5% revenue decline in Q2

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The company fell in line with revenue expectations and an earnings-per-share target of $0.83, as projected by financial analysis firm Zacks. Continue reading →

Opendoor will expand into Salt Lake City, Boise and St. Louis

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The iBuyer plans make offers on homes in Salt Lake City and Boise later this year, followed by St. Louis in 2020, the company announced Tuesday. Continue reading →

Redfin CEO: Amazon-Realogy partnership not a ‘serious move into the real estate market’

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Glenn Kelman suggested in the earnings call Thursday that few people turn to Amazon for “soft services.” He also revealed that he’d like to be able to sell 10 percent of the homes listed with Redfin to unrepresented buyers Continue reading →

Redfin experiences ‘turning point,’ beats expectations with $197.8M in revenue

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CEO Glenn Kelman also said the company’s webs traffic and brokerage sales accelerated for the second straight quarter. Continue reading →

HUD proposes change that would make proving housing discrimination more difficult

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The proposed changes to ‘disparate impact’ rule come at a time when the gap between black and white homeowners is growing, according to a Redfin study. Continue reading →