There’d no doubt that 2024 was a tough year for Redfin. Despite recording a 7% annual increase in revenue to $1.043 billion, the company’s net loss of $164.8 million was $34 million higher than the ...

Rocket Cos. is pushing deeper into the property market with a deal to buy Redfin Corp. that values the real estate listing site at $1.75 billion. The Detroit-based financial technology group will pay ...

Detroit's Rocket Companies said Monday it is buying the real estate listing platform Redfin in a deal valued at $1.75 billion. The all-stock deal, expected to close within about six months, would ...

Redfin's business might have already hit rock bottom, and management is forecasting revenue to increase in the 2024 first quarter. The stock jumped last week after the company reported a new surge in ...

The merger of Rocket and Redfin offers significant synergies, with Rocket expecting $200 million in run-rate synergies by 2027, primarily from cost savings. Redfin's competitive advantage lies in its ...