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In a newly published analysis, Redfin found investors bought 44,000 homes in the first quarter, up half a percent from a year earlier. (Redfin defines an investor as “any institution or business ...
Redfin Corporation. Redfin Corporation, based in Seattle, provides residential real estate brokerage and mortgage origination services. The company operates in more than 100 markets in the United States and Canada. [1] The company has a 0.80% market share in the United States by number of units sold and has approximately 2,000 lead agents.
Glenn Kelman is the chief executive of Redfin, a self-described technology-powered real estate company, a modern way to buy and sell homes. He’s been at the helm for almost two decades and doesn ...
In a separate interview with CNBC on Wednesday, Realtor.com’s chief economist, Danielle Hale, said there are 36% fewer homes for sale now than before the pandemic—and with high home prices and ...
The median home sale price only declined in one of 50 of the most populous metropolitan areas, according to Redfin. That was in San Antonio, and it was still just a 1% decline.
Shares in Redfin were up 3.7% in afternoon trading Monday. Redfin is the latest big brokerage to agree to settlement terms in order to put an end to lawsuits related to the real estate industry's broker compensation structure, following Re/Max, Keller Williams Realty, Compass and Anywhere Real Estate.
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