by Phil Hall | Jan 13, 2026 | Current News & Events, Real Estate News, WRE News Exclusive
Redfin CEO Glenn Kelman announced he is stepping down from his leadership role, six months after his company was acquired by Rocket Companies (NYSE: RKT). In a post on LinkedIn, Kelman wrote, “It’s just hard to go because I love Redfin. The billion dollars in...
by Phil Hall | Jul 1, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive
Detroit-headquartered Rocket Companies (NYSE: RKT), has completed its $1.75 billion acquisition of Redfin. With the closure of the acquisition, Redfin has adopted a new brand identity as “Redfin Powered by Rocket.” The companies also introduced Rocket Preferred...
by Phil Hall | Apr 15, 2025 | Current News & Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive
Redfin (NASDAQ: RDFN) has followed the example set by Zillow (NASDAQ: Z, ZG) in prohibiting some private listings on its platform. Glenn Kelman, the company’s CEO, announced the policy shift in a blog posting where he declared, “Because we believe that all buyers...
by Phil Hall | Mar 10, 2025 | Current News & Events, Real Estate News, WRE News Exclusive
Detroit-headquartered Rocket Companies (NYSE: RKT) has announced its acquisition of the Seattle-headquartered brokerage Redfin (NASDAQ: RDFN) for $1.75 billion, or $12.50 per Redfin share. “Rocket and Redfin have a unified vision of a better way to buy and sell...
by Phil Hall | Feb 12, 2025 | Current News & Events, Real Estate News, WRE News Exclusive
Redfin (NASDAQ: RDFN) is planning to cut 450 employees following its new rental listings partnership with Zillow (NASDAQ: Z, ZG). The Seattle-based company did not release a press statement on the layoffs but instead buried the news in a filing with the Securities and...
Small Mortgages Fall Below 3% of Originations, Exposing Rural Lending Gap
