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Nearly 99% of Redfin shareholders vote to approve merger, though fewer vote yes to compensation for company’s execs
‘The balance of power has shifted toward buyers, but a lot of sellers have yet to see or accept the writing on the wall’
Pending sales drop 9.9% in April, lowest for the month since 2014 despite 6.5% price gain
Plaintiff alleges that Redfin and its board misled investors by omitting critical information from a key proxy statement
Even among top 10 most affordable areas, home sale prices more than doubled in four, nearly doubled in another three since 2015
Preference for older homes signals renovation loan opportunities for originators