Flyhomes lays off 20% of workforce, cites rising interest rates
The layoffs come after a rapid expansion into new markets including Texas, Colorado and Idaho following a $150M Series C funding round
by Matt Carter Jul 22
5 neighborhoods at once? Zillow rolls out new app feature
Homebuyers can now use the app to narrow their searches to specific neighborhoods, ZIP codes, cities, counties or entire states. It also notifies users of new properties meeting their criteria
by Daniel Houston Jul 21
Fredrik Eklund and Thomas Ma announce new agent social app
REAL, which so far has been downloaded 147,500 times, is like a mashup of WhatsApp, Instagram and Zillow for agents and consumers, Eklund said, but at 'lightning speed'
by Lillian Dickerson Jul 21
@properties CEO Thad Wong says he’s ‘looking forward to a downturn’
Ahead of Inman Connect Las Vegas, the leader of the Chicago-based brokerage said he's better positioned than Redfin and Compass to grow into a changing market
by Taylor Anderson Jul 21
Vanguard Properties promotes industry leader to executive role
Nina Dosanjh has worked in real estate for 12 years. She acts as treasurer for the San Francisco Association of Realtors and was named among Inman's Real Estate Influencers of 2017
by Taylor Anderson Jul 20
The international buyer pool dropped to a new low last year
Foreign buyers, either noncitizens living in the US or those with permanent homes outside the country, scooped up 98,600 existing homes between April 2021 and March 2022, NAR reports
by Taylor Anderson Jul 20
Here are your luxury agent differentiators: Pulse
Opinion
This week, we wanted to know: How can you tell when someone is a luxury agent? Is it their marketing, price point or ZIP code?
by Inman Jul 20
Christie's International Real Estate expands to Japan
The move comes less than a year after Chicago-based brokerage @properties bought Christie's and amid a period of globalization for American brands
by Jim Dalrymple II Jul 19
Compass names former Long & Foster official as sales manager
Suzi Padgett was hired as the brand's Maryland sales manager, bringing decades of experience in the DMV area. 'We are thrilled to welcome her to our team,' Kimberly Harris said in a statement
by Ben Verde Jul 19
Kiavi says it's still making loans to real estate investors after layoffs
After unloading $218M in unrated residential transaction loans in June, CEO Michael Bourque said markets for such deals 'are certainly tough right now'
by Matt Carter Jul 18
Credit card revenues surpass mortgages at Wells Fargo in Q2
Rising interest rates and a shrinking branch network are cutting into Wells Fargo's mortgage business, and bank executives say they're fine with that
by Matt Carter Jul 15
Inman’s Top 5 stories of the week, July 8-14, 2022
Catch up on the most-read stories of the week, as determined by Inman readers. Here's Inman Top 5 for July 8-14, 2022
by Christy Murdock Jul 15
SEC is investigating Better as Barclays, Citigroup resign as deal advisers
Mortgage upstart Better's plan to go public via a SPAC merger faces new challenges as banks that were advising the companies resign their roles
by Taylor Anderson Jul 14
Side expands into 6 new states amid market shift, bringing total to 16
Despite recent layoffs, the real estate tech startup has struck up a slew of new partnerships including one with a high-profile duo that just left Douglas Elliman
by Jim Dalrymple II Jul 14
2 working women thriving in real estate reveal what it takes to lead
Stop chasing balance and stop chasing perfection, Kendall Bonner of RE/MAX Capital Realty and Kymber Menkiti of Keller Williams Capital Properties, said at Connect Now on Thursday
by Taylor Anderson Jul 14
Shared equity platform Point enters Nevada, Ohio as part of larger plan
Homeowners in 18 states and Washington, D.C. can tap up to $500,000 in home equity by selling a share of their future home price appreciation to investors
by Matt Carter Jul 14