Redfin shares hit record low after analyst recommends selling
Company called “fundamentally flawed” ahead of Q3 earnings A photo illustration of Redfin CEO Glenn Kelman (Getty, Redfin) Redfin’s tough year grew even tougher on Monday when an analyst downgraded its stock, citing doubts about its business model and sending its share price to a record low. Days be
Home prices are falling faster now than in 2006—Redfin’s CEO just revealed why
Redfin CEO Glenn Kelman GETTY IMAGES The Pandemic Housing Boom unleashed an “investor mania” unlike anything seen in the U.S. housing market since the aughts housing bubble. Average Joes poured into the market in hopes of building Airbnb empires. Institutional investors, like Blackstone-owned Home P
Oceanside gives final approval to Ocean Kamp project
A rendering of the sprawling Ocean Kamp project in Oceanside. Courtesy photo OCEANSIDE — The Oceanside City Council on Oct. 19 gave final approval for Ocean Kamp, a giant mixed-use development with a wave lagoon, to replace the former site of a swap meet and drive-in movie theater. The project will
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