Departures, freakouts, and falling rates — 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 May 27 - June 2, 2022
by Christy Murdock Jun 3
Panthers owner seeks bankruptcy protection for his real estate firm
A real estate LLC operated by David Tepper, the richest owner of an NFL team, filed for Chapter 11 after an $800M project fell through
by Daniel Houston Jun 2
Keller Williams parent company CEO Carl Liebert departs
Liebert took the reins of Keller Williams parent company kwx in 2020. Following his departure, top executives will now report directly to company co-founder Gary Keller
by Jim Dalrymple II Jun 1
Home showings see unusual drop in April. Is it a blip or something else?
Showings were down nationwide in April, which is strange because April is typically when the housing market hits a high point, ShowingTime President Michael Lane said in a new report
by Jim Dalrymple II Jun 1
Serhant, Altman brothers highlight launch of Pacaso Agent Collective
'The luxury second home market is known for having homes sitting vacant most of the year, which isn’t efficient, enjoyable or sustainable' — Ryan Serhant
by Craig C. Rowe Jun 1
'Not with a bang but a whimper': Why REX 'shuttering' doesn't really matter
Opinion
During its tenure, REX made a lot of noise in court, but not so much in the marketplace. Now, as they appear to have bowed out of the fight, at least in part, Jay Thompson is left wondering what all of the fuss was about
by Jay Thompson May 31
Market shifts, rate hikes and why real estate stocks can't get a break
As real estate enters what one observer called a 'Wile E. Coyote' moment, real estate companies’ share prices continue to struggle amid market uncertainty
by Jim Dalrymple II May 30
Shifts, layoffs, debuts — here's Inman’s Top 5 stories of the week
Catch up quickly on the most significant stories of the week, as determined by Inman readers. Here's Inman’s Top 5 stories of the week of May 20-26, 2022
by Dani Vanderboegh May 27
NYC sting embroils more than 120 companies in fair housing lawsuit
Filed Wednesday, the lawsuit accuses brokerages and property owners of telling renters at risk of homelessness that their vouchers would not be accepted
by Daniel Houston May 26
What the early census numbers say about moving patterns
Opinion
There's a widespread belief that Americans have all packed up and moved because of the pandemic. However, the data that's coming in so far tells a different story
by Matthew Gardner May 26
Love connection: Homebuyer match app expands into 2nd market
LandOnEarth, an app that matches homebuyers with listings based on their lifestyle preferences, aims to match buyers with their dream home faster
by Daniel Houston May 25
Open offer platform Doorsey kicks in the Nashville market
Doorsey encourages sellers and their agents to share as much as possible about the home — exposing warts and all to the open market
by Craig C. Rowe May 25
REX pivots to single-family rental market as its Hail Mary
Two weeks after reports of mass layoffs and office closures, REX eyes serving institutional buyers in the single-family rental market
by Marian McPherson May 25
Keller Williams to open new Caribbean franchise
The new franchise will operate in Bonaire, an island off the coast of Venezula. The expansion comes at a time when international growth represents a major bright spot for Keller Williams
by Jim Dalrymple II May 24
Lone bidder purchases site of tragic Florida condo collapse for $120M
Dubai-based developer Hussain Sajwani has bought the former site of Champlain Towers South, which tragically collapsed last year. Sajwani plans to build another luxury condominium
by Marian McPherson May 23
Zillow, Opendoor and Compass debut on the Fortune 500
The companies all debuted within a few slots of established player Realogy, and highlight both the role of tech in real estate and the rise of bitter rivalries
by Jim Dalrymple II May 23