Redfin, headquartered in Seattle, operates an online real estate marketplace and provides services such as brokerage, rentals, and mortgage, employing 4,693 staff since its IPO in July 2017. The company serves over 100 markets in the U.S. and Canada, utilizing technology to assist home buyers and renters.
RDFN has been in the news recently: Ledgerock, a mansion in Hyde Park, is currently listed at $11.25 million after a significant price reduction by Curiam Capital. Redfin reports that California's housing market is stabilizing, showing a median home price of $827,100 along with increased inventory and a 12% rise in sales.
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