Judge allows sale of troubled mega-mansion, concluding 10-year saga
Approved by a bankruptcy judge Monday, the $126M sales price for 'The One' caps a decade-long saga of construction delays and price overruns. Approval came over objections from creditors
by Taylor Anderson Mar 22
Tomo's $40M Series A more than doubles its valuation to $640M
With the addition of Michigan and Ohio, the purchase mortgage fintech is now in 7 states
by Matt Carter Mar 21
Lennar to spin off real estate tech investments
Through LENx division, homebuilder has invested in a portfolio of two dozen companies including Opendoor, Blend Labs, Divvy Homes and Doma
by Matt Carter Mar 18
Knock lays off, gas prices rise, starter homes disappear: The biggest stories of the week of March 11-17, 2022
Catch up quickly on the most significant stories of the week, as determined by Inman readers. Here's this week's Inman Top 5
by Inman Mar 18
The new bill that could destroy homeownership: The Real Word
Opinion
This week: Byron Lazine and Nicole White offer insights on a new California bill to tax flippers, a new NAR report on home values, and Walmart's new mortgage partnership
by Byron Lazine Mar 18
In first earnings since IPO, Vacasa reports bookings rose 55% in Q4
In its first earnings report since going public in December, the company on Thursday reported generating $1.9B in gross booking revenue from approximately 37,000 vacation homes
by Taylor Anderson Mar 17
Inventory usually rebounds in the spring. Not this time, new study says
Inventory bucked an annual trend, dropping month over month in February despite typically bottoming out each December before rebounding in time for the spring, according to Zillow data
by Taylor Anderson Mar 17
Fresh off more layoffs, Better names new head of human resources
Richard Benson-Armer, who had been serving at the mortgage company on an interim basis, has been named the company’s Chief people, performance and culture officer
by Taylor Anderson Mar 16
Brad Inman and Knock CEO Sean Black.
The power buyer, which will also step away from plans for an initial public offering, said funding from private investors will allow it to continue expansion into 90 markets by end of year
by Matt Carter Mar 15
As rent spikes, a movement to bring back rent control gains momentum
More than a dozen states across the U.S. are eying rent control on legislative agendas this year in the face of rapidly rising rent, according to a new report
by Taylor Anderson Mar 15
Is this the end of real estate love letters? The Real Word
Opinion
This week: Byron Lazine and Nicole White offer insights on an Oregon judge's buyer love letter decision, a boom in new real estate agents, and name Christy Murdock as Marketeer of the Week
by Byron Lazine Mar 11
As gas prices soar, real estate agents reconsider cost of doing business
Dramatic gasoline prices are prompting agents from California to Texas to reconsider everything from what homes to show, and how often, to everyday errands and other costs of business
by Taylor Anderson Mar 11
Inman Top 5: The biggest stories of the week of March 4-10, 2022
Catch up quickly on the most significant stories of the week, as determined by Inman readers. Here's this week's Inman Top 5
by Inman Mar 11
Generation Z emerges as potent force in rental market
Gen Z has become the most active rental generation as they begin to graduate college and move out of their college towns and into cities
by Ben Verde Mar 10
Will Washington be the second US state to limit love letters?
An effort to ban possibly discriminatory homebuyer love letters fell short in the Washington State Legislature, but could come back next year
by Daniel Houston Mar 10
Fathom posts double-digit 2021 growth in agents and transactions
Fathom Realty grew its agent headcount by 48% last year, to 8,100 agents, and those agents completed 10,800 transactions during the last 3 months of the year, according to Q4 earnings
by Matt Carter Mar 9