Latest Glenn Kelman Stories

Christened the "Pacific Redfin," the Animal Has Been Adopted by Real Estate Broker Redfin as the Company's Official Mascot SEATTLE, April 1, 2013 /PRNewswire/ -- The following is being issued by Redfin Corporation and is an acknowledged spoof release. The following news is not factual and should not be reported on as such. Redfin, a technology-powered real estate brokerage, today announced it has adopted a newly discovered species of shark - the Pacific Redfin Shark - as its new...

CHARLOTTE, N.C., Feb. 14, 2013 /PRNewswire/ -- Redfin, the technology-powered brokerage (www.redfin.com), today announced its arrival in Charlotte, bringing North Carolinians its one-of-a-kind combination of technology and service, just in time for the spring home-buying and selling season. Redfin is also opening in Raleigh-Durham and Houston this month, for a total of 21 major markets across the United States. "Charlotte is growing fast, especially among the young professionals...

SEATTLE, Feb. 14, 2013 /PRNewswire/ -- Redfin, the technology-powered broker (www.redfin.com), today announced its expansion to Houston, Charlotte, the Raleigh-Durham area, New York City's Bronx borough and the state of Delaware, reaching nearly 10 million new people in all. With the expansion, Redfin now serves 21 major markets, increasing its audience by 10 percent, and increasing number of active listings shown on the website by 14 percent. This is Redfin's first major expansion in...

SEATTLE, Feb. 7, 2013 /PRNewswire/ --Technology-powered real estate broker Redfin (www.redfin.com) today introduced a first-of-its-kind website feature in which Redfin real estate agents highlight details from their clients' winning and losing offers to buy a home, giving consumers up-to-the-minute insight on real estate activity at a neighborhood level. In today's competitive market in which there are very few homes for sale, many homes receive multiple offers at once, making it...

SEATTLE, Jan. 31, 2013 /PRNewswire/ -- Technology-powered real estate broker Redfin (www.redfin.com) today announced that its listing business grew 120% in 2012, despite a housing market with the fewest listings in more than a decade. The company plans to more than double its staff of listing agents this year in order to serve increasing demand from its expanding customer base. Home sellers are increasingly drawn to Redfin's proprietary technology, such as the Home Price Tool, as...

SEATTLE, Dec. 19, 2012 /PRNewswire/ -- Redfin, the technology-powered real estate broker, today introduced Redfin Collections, a new social feature in which users browse, collect and share sets of listing photos. The Collections feature, currently in beta, is about the aesthetic, emotional and creative side of real estate, giving Redfin users a new way to express themselves, as well as be inspired by others. People can create Collections on any topic, such as "Gorgeous Views,"...

SEATTLE, Nov. 14, 2012 /PRNewswire/ -- Technology-powered real estate broker Redfin (www.redfin.com) today released its Real-Time Home Price Tracker for October 2012, showing home sales increasing 21.8 percent across 19 major U.S. markets. From September to October, home sales increased 9.8 percent, an unusual gain for this time of year. The report also showed: Home prices continuing to rise: Home prices in October increased 8.4 percent year over year, and were up just 0.4...

SEATTLE, Nov. 13, 2012 /PRNewswire/ -- Technology-powered real estate broker Redfin (http://www.redfin.com/) today announced a major milestone in its mission to reinvent real estate: Redfin has now saved customers more than $100 million in real estate fees, more than $25 million in 2012, with an industry leading satisfaction rate of 97 percent. The company has also reached more than $8 billion in home sales. (Photo: http://photos.prnewswire.com/prnh/20121113/SF11669) During a...

SEATTLE, Sept. 26, 2012 /PRNewswire/ -- Seattle Business magazine, together with the Washington Technology Industry Association (WTIA), today honored Redfin with a 2012 Technology Impact Award in the Real Estate category. Seattle Business magazine's Tech Impact Awards program recognizes companies and individuals that are creating or using information technology in important and innovative ways to significantly improve a company or industry's business performance or to provide an...

SEATTLE, Sept. 17, 2012 /PRNewswire/ -- Technology-powered real estate broker Redfin (www.redfin.com) today released its Real-Time Home Price Tracker for August 2012, showing an annual price gain of 5 percent across 19 major U.S. markets. Although home prices typically decline from July to August, this year, they held steady, another indicator of a housing market getting stronger. The report also showed: Home sales on the rise: Increasing 1.4% over last year, but fell 2.5% since...