Rocket Announces $1.75 Billion Acquisition of Redfin
In an announcement Monday morning, Rocket, the parent company of Rocket Mortgage, Rocket Homes and a handful of other mostly ...
Tag: Redfin
Redfin Inks Zillow Deal, Turns To Layoffs With Cost-Optimization Strategy
The name of the game for Redfin in 2025 is recovery. As part of that, Redfin has initiated a cost-optimization ...
CoStar Focuses on Homes.com Salesforce Growth in 2025, Touts Core Businesses
In a fourth quarter and full year 2024 earnings call February 18, CoStar Group Founder and CEO Andy Florance touted ...
Zillow Charges Ahead With Strong Q4 Earnings and New Redfin Partnership
In a fourth quarter and full-year 2024 earnings call February 11, Zillow Group CEO Jeremy Wacksman and CFO Jeremy Hofmann ...
Redfin CEO Apologizes to Shareholders After Profit Eludes Company in Q3 Earnings Report
2024’s third quarter dragged down Redfin’s financials, according to the company’s latest earnings report. Redfin’s revenue declined to $278 million, ...
Real Estate’s Q2 Earnings Point to Continued Changes Ahead
When the market is in flux, and there’s a focus on regulatory changes on the horizon, it can be difficult ...
Redfin CEO Alarmed at Pace of 2024 Home Sales; Earnings Tread Water
Corporate quarterly reports, unless they include dramatic swings in earnings, are often same-old, same-old. However, when the industry is in ...
Report: Sellers Cutting Prices at Highest Rate Since 2022
Nationwide, 6.4% of homesellers cut their asking price during the four weeks ending May 26 on average, the highest share ...
COURT REPORT: Judge Approves Seller Settlements; AREAA Files First Lawsuit
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around ...
Redfin Q1 Revenue Rises, but Net Losses Up as Well From 2023; CEO Notes New Normal
One day after deciding to settle commission lawsuits with a proposed $9.25 million-dollar payout, Redfin, in a May 7 Q1 ...
Crucial Seller Questions You Wouldn’t Have Heard Just a Few Years Ago
As opposed to even recently when sellers would let their agent handle most everything, now many want to be more involved. Read more.
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