Citing pandemic, Redfin sells $110M stake to venture capital firm

Durable Capital Partners is run by former T Rowe Price investment manager Henry Ellenbogen. “In chaotic times, he understands our long-term commitments,” Redfin CEO Glenn Kelman said. Continue reading

HomeServices of America is once again the top real estate brokerage

HomeServices of America topped the annual Real Trends 500, edging out the Realogy Brokerage Group for the top spot in 2019 transaction sides. Continue reading

Redfin pulls back on lead sales as video tours surge amid virus crisis

CEO Glenn Kelman said in the latest episode of Inman’s Daily Dispatch podcast that his company continues to see strong traffic and that real estate will recover. Continue reading

Zillow CEO: ‘There’s no coronavirus playbook’

Rich Barton laid out plans to cut 25 percent of quarterly expenses by pausing hiring, cutting marketing, halting homebuying and reducing discretionary spending. Continue reading

Read all of Inman’s coronavirus coverage here

Inman has published more than 300 stories on the coronavirus. Here’s our comprehensive list of coverage. Continue reading

Bright MLS debuts coronavirus response program

Bright Steps includes extra granular data about the market, new virtual showing capabilities, webinars and other tools. Continue reading

Redfin still seeing strong demand, but with fewer people in the pipeline

Redfin president of operations Scott Nagel said he doesn’t think the ongoing coronavirus outbreak will immediately drive down home prices. Continue reading