Insider Q&A: Redfin CEO Glenn Kelman

KIFI

Published January 17, 2023 6:10 AM

By ALEX VEIGA
AP Business Writer

LOS ANGELES (AP) — Glenn Kelman, CEO of Seattle-based online real estate brokerage Redfin, talks to The Associated Press about why he expects 2023 to be another slow year for housing. The Seattle native who’s run Redfin since 2005 also discusses layoffs and other steps the company took last year after surging mortgage rates knocked the housing market into a deep slump, and why many millennials and other first-time homebuyers will struggle to find an affordable home for years to come.

Article Topic Follows: AP National Business

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