Redfin CEO Glenn Kelman said Tuesday on CNBC that as sales continue to decline, the company will need to cut costs strategically and respond to economic challenges one day at a time.
Source: Inman News
Glenn Kelman sees silver lining in sales spiral: ‘It can’t go much lower’
Published in 30-year fixed mortgage rates, cnbc, federal reserve, glenn kelman, Markets & Economy, mortgage rates, News Brief, profitability, Rambo, Redfin, Redfin layoffs, Select and Squawk on the Street
More from 30-year fixed mortgage ratesMore posts in 30-year fixed mortgage rates »
- Government shutdown nails housing programs in Week 2
- ‘Construction is in a funk’: Homebuilding improves, but inventory issues remain
- Down payments set shrinking course for 1st time in 2 years
- Buying vs. renting: The income gap is widening, Redfin says
- Build-to-rent homes hit record high in 2024 with no signs of slowing
More from cnbcMore posts in cnbc »
- DOJ opens criminal investigation into Fed Governor Lisa Cook
- Hamptons summer rentals way down amid market uncertainty
- Lesson Learned: Stay levelheaded, unflappable, and go with the flow
- With AI, real estate is now a ‘game of attention,’ Serhant says
- It’s now a buyer’s market in Manhattan, new report suggests
More from federal reserveMore posts in federal reserve »
More from glenn kelmanMore posts in glenn kelman »
- Redfin site fluke exposed past users’ data on listing contact forms
- Redfin hits back at Compass, notches victory in Zillow case
- Compass pulls Redfin into its Zillow private listing lawsuit
- Lingering questions, NAR opinion, new lawsuit: Inman Top 5
- Mr. Cooper shareholders approve merger with Rocket Companies
More from Markets & EconomyMore posts in Markets & Economy »
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- How to help senior real estate clients right-size with confidence
- Welcome to the Senior Class: Downsizing with a home equity conversion mortgage
- Why independent brokerages matter more than ever amid real estate consolidation
- What is a 50-year mortgage? The pros and cons of Trump’s proposal
More from mortgage ratesMore posts in mortgage rates »
- NAR economist predicts post-shutdown real estate ‘boom’
- Homebuying off to strongest November start since 2022
- Veterans have been ‘priced out,’ left behind by the housing market
- Housing recession? K-shaped trends? The dollars and ‘sense’ of today’s economy
- AI helps UWM seize the day, make the most loans in 4 years in Q3
More from News BriefMore posts in News Brief »
- HUD shifts homeless policy away from providing permanent housing
- NAR scores a victory in buyer commission lawsuit
- Redfin site fluke exposed past users’ data on listing contact forms
- Brown Harris Stevens names Halstead heir as its chief strategy officer (EXCLUSIVE)
- Zillow hit with new class-action suit over alleged broker kickbacks
More from profitabilityMore posts in profitability »
- How the 50-year mortgage could kill agent profitability
- 9 brutally honest budgeting truths no brokerage wants to face in 2026
- You’re broke because you don’t track these 3 lead-gen metrics
- Back as CEO, loanDepot founder has his work cut out for him
- Leading with vision and innovation: An interview with Tim Macy
More from RedfinMore posts in Redfin »
- Redfin site fluke exposed past users’ data on listing contact forms
- Stop freaking out about 50-year mortgages. They might save the housing market
- Zillow defends private listing rule, criticizes Compass in new filing
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
- Jason Oppenheim: ‘Epic’ real estate + big drama makes new ‘Selling the OC’ season the best yet
More from Redfin layoffsMore posts in Redfin layoffs »
More from SelectMore posts in Select »
- Dawn of a new era: Here’s how NAR says it’s changing for its members
- 5 copy-and-paste direct-mail campaigns that will fuel your best year ever in 2026
- HUD shifts homeless policy away from providing permanent housing
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- RateMyAgent and Curated Social merge to form Renowned platform
Be First to Comment