Catch up with Inman's Top 5 stories of the week, March 24-30, 2023
Wondering what you missed? Find out with Inman's Top 5 most-read stories of the week
by Dani Vanderboegh Mar 31
Fathom Realty still adding agents after raising transaction fees
In reporting a $9.9M Q4 loss Wednesday, Fathom executives reassured investors that they see a path to profitability without saying exactly when that might happen
by Matt Carter Mar 22
'2021 all over again': Agents get to work as spring homebuying arrives
On the first day of spring, agents across the US who spoke to Inman saw the return of bidding wars and busy open houses, suggesting that after a slow 2022 the market is turning a corner
Guild's McGarry will hand CEO reins to Terry Schmidt, her 1st hire
Schmidt was Mary Ann McGarry's 1st hire at Guild in 1985, and the two led a 2007 management buyout of the company from founder Martin Gleich
by Matt Carter Mar 20
SVB, CB, DOJ: Inman's Top 5 stories of the week March 10-16, 2023
Catch up on the most-read stories of the week, as determined by Inman readers. Here's Inman Top 5 for March 10-16, 2023
by Dani Vanderboegh Mar 17
Guild Mortgage announces 3rd acquisition in as many months
Acquisition of Colorado-based Cherry Creek Mortgage expands Guild's retail branch network by 68 offices in 45 states, adds reverse loan options
by Matt Carter Mar 14
With fewer million-dollar homes, is luxury OK? The Real Word
Opinion
This week, hosts Byron Lazine and Nicole White are talking about the luxury home market, first-time seller's biggest regrets and RE/MAX
by Byron Lazine Mar 13
Antitrust regulators move to block ICE's $11.7B Black Knight acquisition
Federal Trade Commission alleges the deal would put an end to intense competition between the companies and drive up costs for lenders and homebuyers
by Matt Carter Mar 10
Silicon Valley Bank, proptech hub for real estate clients, collapses
In the most dramatic banking implosion since the Great Recession, regulators on Friday shut down the bank, which boasted ties to proptechs, including Airbnb, Opendoor and OJO
Inman's Top 5 stories of the week March 3-9, 2023
Catch up on the most-read stories of the week, as determined by Inman readers. Here's Inman Top 5 for March 3-9, 2023
by Dani Vanderboegh Mar 10
Monthly homebuyer payments just hit all-time high as spring arrives
The typical monthly payment rose to $2,563 this week despite home prices that were down 1%, according to data on Friday. That’s the highest monthly payment on record, up 29% from last year
by Taylor Anderson Mar 10
Luxury home purchases hit record low as buyers eye other investments
Luxury home sales fell 44.6% year over year, according to data released Friday by Redfin. Prices are nevertheless still high because inventory is so low, economists say
by Jim Dalrymple II Mar 10
Douglas Elliman earnings fall short to close out 2022
The company logged revenue of $207.3M in Q4 of 2022 compared to $334.2M a year earlier, according to an earnings call Friday. The firm has implemented cost-cutting measures
by Ben Verde Mar 10
LoanDepot founder Anthony Hsieh determined to shake up board
After being ousted as executive chair, Hsieh says he controls enough voting shares to install veteran real estate executive Steve Ozonian on the mortgage lender's board of directors
by Matt Carter Mar 9
Realty ONE Group plants flag in Cayman Islands and Cyprus
The new franchises add to the brand's presence across the globe in more than 400 offices in 49 states, Washington D.C., Puerto Rico, Canada and several other countries
by Ben Verde Mar 9
LoanDepot losses mount as company continues to shed workers
Beleaguered mortgage lender racks up a $610.4M 2022 net loss despite cutting 6,100 jobs as rising mortgage rates cut into the company's lucrative refinancing business
by Matt Carter Mar 8