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  • Silicon Valley Real Estate Update: The Craziest Market In The U.S. Just Got A Little Less Crazy

    Silicon Valley Real Estate Update: The Craziest Market In The U.S. Just Got A Little Less Crazy

    Editor’s note:Glenn Kelman is the CEO of Redfin, a technology-powered real estate broker backed by Madrona Venture Group and Greylock Partners. Well what do you know! After writing on TechCrunch for the past year about how Silicon Valley’s Gatsbyesque wealth couldn’t find much real estate to buy, Bay Area inventory is up. Bidding wars are down. And rising rates are squeezing buyers who… Read More

  • The Silicon Valley Housing Market Is Only Going To Get Crazier

    The Silicon Valley Housing Market Is Only Going To Get Crazier

    Editor's note: Glenn Kelman is the CEO of Redfin, a technology-powered real estate broker backed by Madrona Venture Group and Greylock Partners. Silicon Valley home buyers, I wish we had better news. Prices keep rising, with no end in sight. Across the 20 markets Redfin serves, only Phoenix saw more rapid price increases than the Bay Area. Over the last 12 months, San Francisco prices rose… Read More

  • The Maximum, Beautiful Product

    The Maximum, Beautiful Product

    For years, all of us in Silicon Valley and its outposts have embraced the idea of the lean startup, shipping the minimum viable product, failing fast and iterating quickly based on customer feedback. This has been the perfect development paradigm for a hit-driven industry, with bright flashes in the pan, but also plenty of silt. Why dedicate years of your life to making the perfect hula hoop if… Read More

  • If Silicon Valley Stocks Are Down, Why Are Home Prices Up?

    If Silicon Valley Stocks Are Down, Why Are Home Prices Up?

    Editor's note: Glenn Kelman, is CEO of Redfin, a technology-powered real estate broker, backed by Greylock Partners and Madrona Venture Group, with more than $7 billion of home sales. He previously co-founded Plumtree Software, which had a 2002 IPO. He writes a quarterly column on Silicon Valley real estate for TechCrunch. When Michael Arrington calls, you answer. Even if you’re perusing… Read More