Real Estate Industry Overview & Trends
The boutique hotel has fired a majority of its 100-person staff and plans to close 400 units in 10 locations
The company's RealSure program is suspending all-cash offers at this time
In an investors call, Rich Barton laid out plans to cut 25% of quarterly expenses by pausing hiring, cutting marketing, halting homebuying and reducing discretionary spending
The ongoing pandemic has already slowed bookings for companies like Airbnb, and may prompt investors to shift their strategies going forward
CEO Robert Reffkin said Monday in a letter that COVID-19 has created 'one of the most challenging and uncertain moments in our lifetimes'
Following in the footsteps of Redfin, Zillow and Opendoor, Offerpad has temporarily stopped making offers on homes due to safety concerns, effectively putting an end to the purchasing side of nearly all iBuyers nationwide for the foreseeable future
Analyst Mike DelPrete said in the latest episode of the Daily Dispatch podcast that the data indicates 'there's going to be a very dramatic drop off in real estate volumes'
ANGI Homeservices CEO Brandon Ridenour asked Congress on Monday to deem home service professionals as "essential workers" during COVID-19 pandemic.
Gov. Andrew Cuomo has already called for a moratorium on evictions at the epicenter of the Coronavirus pandemic. Now state and city officials are calling for a rent freeze
Zillow CEO Rich Barton cited safety concerns and said the company plans to fully resume iBuying once health concerns pass
Two weeks ago, coronavirus addendums were a niche thing. Now, they're pretty much everywhere
The real estate search portal says it's still seeing significant search and lead activity on its website
Agents, regardless of their brokerage affiliation, will be able to access Compass Academy
Redfin President of Operations Scott Nagel said he doesn't think the ongoing coronavirus outbreak will immediately drive down home prices
The company is withdrawing its Q1 and full-year 2020 guidance amid uncertainty around COVID-19
Opinion
As conditions shift for markets in varying degrees, here’s how agents should evolve their businesses
The Real Estate Board of New York is eliminating the 'days on market' calculation for the portals that it pushes its listing feed to