Investors, including iBuyers, that entered the housing market in 2020 and 2021 are at least partly to blame for the dramatic price correction playing out in 2022, Kelman said in a new interview.
Source: Inman News
Redfin’s Glenn Kelman has a theory on why housing prices are plunging
Published in Brokerage, fortune, glenn kelman, housing, housing prices, Investing, investors, Markets & Economy, Property Portfolio, Real Estate Investing, Redfin and Select
More from BrokerageMore posts in Brokerage »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
- Listing leverage: How to win the game of securing sellers
More from fortuneMore posts in fortune »
More from glenn kelmanMore posts in glenn kelman »
- Zillow’s listing ban hangs in the balance after 4-day hearing
- 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
More from housingMore posts in housing »
- How politics and policy are fueling the housing crisis in 2025
- Pressure on mortgage rates eases as Trump pauses higher tariffs
- What the presidential candidates plan to do about affordable housing
- RFK Jr. at ICLV: Homeownership is the engine of the middle class
- Housing inventory growth doesn’t guarantee greater affordability
More from housing pricesMore posts in housing prices »
More from InvestingMore posts in Investing »
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- What’s driving multifamily’s market resurgence?
- Real estate beats Wall Street: How agents become wealth advisors
- Feds bust real estate execs in $25.9M scheme against homeless
- 6 intelligent tech tools every agent-landlord can leverage
More from investorsMore posts in investors »
- 48% of Americans blame investors for ‘unreasonable’ housing costs
- Real estate investors are unloading homes at record clip to stem losses
- Condo sales fall to 10-year low amid surge in insurance costs, HOA fees
- Existing-home sales slip again in April even as inventory improves
- Bessette Flavin becomes Louisiana’s largest C21 affiliate
More from Markets & EconomyMore posts in Markets & Economy »
- Dual licensing is on the rise. Is it the right move for your business?
- Change strategy as the market shifts to win the listings long game
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
More from Property PortfolioMore posts in Property Portfolio »
More from Real Estate InvestingMore posts in Real Estate Investing »
More from RedfinMore posts in Redfin »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Bayview merger positions Guild Mortgage for refinancing boom
- Zillow reverses course and removes climate data from listings
- Delistings and discounts jump as holiday season approaches
- The IDX lie agents still believe: 5 common misconceptions about real estate websites
More from SelectMore posts in Select »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
Be First to Comment