Redfin’s return to office shows unique stress for US office market
Experts expect US companies to adjust remote work policies in the coming 6-12 months as office market suffers. 'Our cultures are different around work-life balance,' said CBRE's Julie Whelan
by Taylor Anderson Aug 22
Kmart down to 2 locations, including 1 in haughty Hamptons
The town of Bridgehampton, where the median home price is $3.8M, is home to 1 of just 3 remaining Kmarts. Soon it will be 1 of 2, according to reports
by Taylor Anderson Aug 18
REX antitrust claims against NAR and Zillow dismissed with prejudice
Judge Thomas Zilly on Wednesday tossed antitrust claims against NAR and Zillow, saying REX had failed to prove the parties had agreed to work together to disadvantage non-MLS listings on Zillow
by Andrea V. Brambila Aug 16
Housing starts inch up in July as builders scramble to meet demand
Housing starts increased 3.9% between June and July to a seasonally adjusted annual rate of 1.45M units, according to data released Tuesday by the US Census Bureau
by Ben Verde Aug 16
Gary Keller cites commission probe in pep talk touting agent happiness
'I'm happy. Screw 'em,' the Keller Williams co-founder told agents Tuesday at his Mega Agent Camp event, referring to antitrust suits involving commissions in which the brokerage is named
by Marian McPherson Aug 16
Heroes come to rescue after suffering losses in Maui fires
Fires that roared through western Maui last week have destroyed thousands of homes and killed scores of people. The real estate community is trying to help pick up the pieces
by Jim Dalrymple II Aug 15
Real estate investors believe the worst may be in the rear view
The outlook is mixed, but 'it does look like prices may have bottomed out and are on their way back up,' said CJ Patrick Company CEO Rick Sharga
by Taylor Anderson Aug 15
Industry rallies to work around ongoing Rapattoni cyberattack
Multiple listing services impacted by an ongoing ransomware attack on Rapattoni are defaulting to manual updates, texting and email to communicate listing updates, according to reports
by Craig C. Rowe Aug 15
Blend Labs laying off 150 more workers on 'path to profitability'
Mortgage technology, title provider and cloud-based banking platform has eliminated more than 1,000 positions in 5 rounds of layoffs in the last 16 months
by Matt Carter Aug 14
The 2 'buzzwords' Keller Williams' Marc King wants agents to master
Keller Williams President Marc King told Inman he wants KW agents to sharpen lead generation and conversion strategies as the brokerage's annual Agent Mega Camp hits Austin this week
by Marian McPherson Aug 14
Despite Q2 decline, Realtor.com says it's ready to take on CoStar
Realtor.com parent company Move's quarter and yearly revenues have slipped, with the company bringing in $602M for the full year. But despite struggles, News Corp's CEO is confident in the brand
by Marian McPherson Aug 10
Title tech provider Flueid raises $10M in Series B1
Round led by existing investor Aquiline Technology Growth will allow Flueid to add more integrations to its verification of title solutions suite and refine its purchase solution
by Matt Carter Aug 10
The Real Brokerage more than doubles revenue, agent count in Q2
NYC-based Real Brokerage's Q2 revenue increased 65% year over year to $185.3M. Despite raising fees in Q1, its agent count grew 105% year over year, according to an earnings report
by Marian McPherson Aug 10
Fathom Realty trims its losses during Q2 as agent count grows
Fathom logged a net loss of $4.3M during Q2, an improvement over the $5.7M loss logged during Q1, according to its earnings report released Wednesday
by Ben Verde Aug 9
'Substantial doubt' that WeWork can stay afloat, company says
By WeWork's own admission, it is unlikely to last much longer. In order to survive, it would need to reduce lease costs and other expenses, increase revenue and find a source of additional capital
Proptech spending expected to resume this year, investor says
'We remain bullish about an increase in activity over the back half' of 2023, Houlihan Lokey Managing Director Chris Gough said during a presentation Tuesday at Inman Connect Las Vegas
by Taylor Anderson Aug 9