Compass to cut workforce by 10% amid worsening economy
The layoffs will involve full-time employees, not agents, and come as the housing and stock markets experience a major shift
by Jim Dalrymple II Jun 14
Opendoor expands into 3 new markets, hits 50-market milestone
The iBuyer will now purchase and sell homes in Boston, Cincinnati and Albuquerque. The expansion comes amid a period of rapid growth for Opendoor
by Jim Dalrymple II Jun 14
Warehouse giant, Amazon landlord Prologis buys Duke Realty for $26B
The announcement came following Duke Realty's rejection of a $24B buyout offer from Prologis in May, which the company rebuffed for being inadequate
by Ben Verde Jun 13
Jackie Louh promoted to COO of Lamacchia Realty
Louh has held several positions since joining the brokerage, launching her career as a listing agent before shifting into management roles including vice president of business development
by Ben Verde Jun 10
Layoffs, cold calls and (non-existent) bubbles — it's Inman’s Top 5 stories of the week
Catch up on the most-read stories of the week, as determined by Inman readers. Here's Inman Top 5 for June 3 - 9, 2022
by Christy Murdock Jun 10
RE/MAX's Motto Mortgage hires new VP of product to fuel growth
Chris Erickson, who joins Motto Mortgage as vice president of product and strategy, has held product management roles at Guaranteed Rate, CoreLogic, Nationstar Mortgage and Citi
by Matt Carter Jun 9
Anywhere rings in rebrand at NYSE opening bell with new stock ticker
Anywhere Real Estate celebrated the official launch of its rebrand from Realogy on Thursday at the New York Stock Exchange opening bell. The company is now trading under the 'HOUS' ticker
by Ben Verde Jun 9
Homeowners gained $3.8T in equity over the past year, CoreLogic says
Homeowner equity grew by 32.2% in the past year as the number of borrowers underwater on their mortgages fell to a new low. California, Hawaii and Washington led the way
by Taylor Anderson Jun 8
Collabra Technology debuts real estate marketing platform RElumio
The digital platform is available through partnerships with MLSs and Realtor associations, designed to make it easy for agents to share marketing materials
by Jim Dalrymple II Jun 8
RE/MAX Holdings appoints its first-ever Black female board member
Hospitality mogul Annita M. Menogan has nearly 4 decades of experience in the world's top food brands including Red Robin Gourmet Burgers and the Adolph Coors Co.
by Marian McPherson Jun 7
Coldwell Banker Warburg gets new Sales Director Christopher Totaro
In his new role, Totaro will lead Coldwell Banker Warburg's Tribeca office, and consequently oversee the company’s 'charge below 34th Street,' the brokerage said in a statement
by Jim Dalrymple II Jun 7
IBuyers, Power Buyers saw explosive growth in 2021. What about 2022?
Services promising a more streamlined, less painful transaction experience have become more popular and are likely to stick around, according to a new report released Tuesday from zavvie
by Jim Dalrymple II Jun 7
Power Buyer Knock revamps board of directors
Representative of NAR's venture capital arm, Second Century Ventures, will serve as an observer on Knock's board
by Matt Carter Jun 7
The shifting market will slow prices down — but won't stop them cold
The market is reaching a turning point in which price reductions are more common. But that doesn't mean homes can't still appreciate in value
by Jim Dalrymple II Jun 7
CoreLogic Chief Economist Frank Nothaft dies unexpectedly
Before taking on the role of CoreLogic's chief economist, Nothaft spent nearly 3 decades at mortgage giant Freddie Mac
by Matt Carter Jun 6
Real estate agents received billions in PPP loans during the pandemic
More than $3.9B in pandemic-relief loans went to single-employee real estate entities, according to a new report. Nearly 80% of that amount was forgiven
by Daniel Houston Jun 6