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Redfin CEO Glenn Kelman Declares A Housing Recession

Glen Kelman has been the President and CEO of Redfin since 2005. If there is anybody who is in tune with the housing market it is him. As the leader of one of the world's most popular real estate technology companies, he sees the details of the market in extreme detail on a day-to-day basis. Five days ago on April 17th, he came out and shocked everyone by pronouncing that the housing market was in a massive recession. He argues that although many perceive the economy as thriving, the housing market is suffering greatly, unlike anything he has witnessed in his two decades of experience. Original David Lin Interview • 2024: The Year Housing Collapses? Red... Charts From Bill McBride https://calculatedrisk.substack.com/a...

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