Glenn Kelman, the CEO of Redfin, shares his expertise on navigating the complex real estate market. He offers vital tips for first-time home buyers, discusses innovative housing solutions like developer homes, and raises awareness about the housing crisis. Kelman highlights the impact of second homes and suggests creative strategies for builders to create affordable housing. The conversation also reflects on how younger generations can find happiness in simpler ownership goals, all while adapting to the evolving marketplace.

Glenn Kelman is the CEO of the real estate company Redfin. His problem: With the housing market teetering, how do you sell houses online? Redfin has a website where you can look at houses for sale, just like Zillow. But Redfin also employs real estate agents all over the country to help people buy and sell houses. Recently, Redfin has started to buy houses and flip them for a profit and that new business is risky. "I'm worried about the economy," Glenn says. "I'm worried about the war in Ukraine, worried about the stock market, worried about consumer confidence and mortgage interest rates. So lions and tigers and bears, it might be a scary summer." If you’d like to keep up with the most recent news from this and other Pushkin podcasts be sure to subscribe to our email list.See omnystudio.com/listener for privacy information.

Glenn Kelman, CEO of Redfin, and Adena Hefets, CEO of Divvy Homes, dive into the challenges and dynamics of the current U.S. housing market. They discuss the impact of rising interest rates on affordability and home sales while exploring innovative rent-to-own models. The conversation also highlights how institutional buyers are influencing housing supply and prices. Additionally, they share insights on pandemic-driven migration trends and the future outlook for new construction and the rental market.

Glenn Kelman, CEO of Redfin, shares his candid insights on navigating economic downturns and the intricate dynamics of today's housing market. He addresses the challenges of layoffs and emphasizes the emotional burdens leaders face during tough times. Meanwhile, Shannon Almeida, co-founder of Volv Media, discusses innovating news for Gen Z with a TikTok-inspired format, highlighting how their platform utilizes AI for concise delivery. Together, they offer a mix of practical advice and thought-provoking observations on resilience and media consumption.

MarketWatch real-estate reporter and Redfin CEO discuss dysfunctionality of housing market, impact of interest rates, shift from coastal cities to lower-cost areas, current home prices, climate change effects on home insurance, and converting commercial buildings into residential housing.