
Glenn Kelman Steps Down as Redfin CEO After 20 Years
Glenn Kelman, the longtime CEO of Redfin, is stepping down after 20 years. The move comes six months after the real estate brokerage was acquired by Rocket Companies.
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Glenn Kelman, the longtime CEO of Redfin, is stepping down after 20 years. The move comes six months after the real estate brokerage was acquired by Rocket Companies.

The U.S. housing sector is experiencing major shifts, with Rocket Companies expanding through key deals while Fannie Mae proceeds with more job cuts.

A wave of megamergers is reshaping the U.S. real estate industry. While promising convenience, these deals raise concerns about higher costs and reduced transparency for home buyers.

Rocket Companies is executing a major strategic pivot, acquiring Redfin and Mr. Cooper Group to build a resilient, integrated homeownership platform.

Rocket Companies completed a $14.2 billion acquisition of Mr. Cooper. Zillow seeks more from Compass CEO in a listings case. New presidents lead HomeSmart and NAMB, while MBA's COO retires.