Brokerage

Redfin’s 2014 expansion push rolls into Indianapolis

Brokerage now has a presence in more than 40 metros

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Redfin has expanded into Indianapolis, bringing the number of metros where the fast-growing, Seattle-based brokerage has a presence to more than 40. The firm launched an expansion push in May and had its sights set on close to 50 additional markets, including Indianapolis. Since that time it's placed agents on the ground in Milwaukee, Wisconsin; Tucson, Arizona; and four smaller markets: Allentown, Pennsylvania; Fresno, California; Jacksonville, Florida; and Madison, Wisconsin. Redfin's growth tear in 2014 is not just limited to new markets. Buoyed by a $50 million funding round last November, the firm also debuted its first-ever TV ad, hired its first chief economist and made its first acquisition this year. Locations in the U.S. where Redfin currently powers real estate search. The number of Redfin's active markets varies depending on how markets and metros are defined, but by the firm's calculation it now has a presence in more than 40 metros. When Redfin en...