Under terms of the $137.8 million deal, Redfin will wind down its Redfin Mortgage business, and Bay Equity will continue to operate under its own name with current leadership.
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Nearly 40% of Homes Selling Above Listing Price
With median home prices climbing, listing prices are keeping pace as a record number of homes are selling above their listed price.
Read More »Scant Housing Supply Results in Lightning-Fast Sales
With demand at an all-time high, U.S. housing inventory is being picked clean by buyers who are wasting no time in closing the sale.
Read More »Redfin Welcomes New Chief Economist
Real-estate brokerage Redfin announced that it has appointed Daryl Fairweather as its new Chief Economist. Fairweather comes to Redfin from Amazon, where she served as a senior behavioral economist, leading a team of analysts and economists focused on improving employee performance and engagement.
Read More »Home Prices, Tax Reform, and Worker Migration
Redfin CEO Glenn Kelman recently appeared on CNBC to discuss the state of housing industry and the overall trends he is seeing in the early days of 2018. Kelman ...
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