Wednesday, October 10, 2012

Redfin expands in California, N.Y. - Puget Sound Business Journal (Seattle):

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Redfin said it’s expanded to Long Islansd and Westchester County in New York and the Centrao Valleyin California, which includes Sacramento. Redfih said the latest expansion is its first sincer 2008 and the company said it planxs to open in three more markets this Redfin said it is also taking advantag e of a settlement betweenthe U.S. Departmenf of Justice and the National Associatioof Realtors, which will allow the company to post additional data and listingg information on its site. “Now that the settlemenr is in effectand … now that we’ve got new markets like Chicago contributinh profits very quickly — we expect to expande quickly.
Since Redfin has reached only about one-seventh of the U.S. there’s lots of room to grow,” said Glenn Kelman, CEO, in a

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