The 'Million Dollar Listing LA' alums knew each other from their days working in London real estate and proceeded to build a business together as Bond Street Partners while at The Agency
Investors who kept the faith even as the iBuyer's stock price was plummeting earlier this summer are being rewarded now with a surge following the announcement of Kaz Nejatian as the new CEO
Nejatian has a background as a lawyer, and helped build teams and products at Shopify after joining the ecommerce company in 2019
Realtor.com's August market report revealed the emergence of a balanced market. The report also indicates economic headwinds are suppressing sales
But an overall weakening labor market could include a silver lining for real estate as it puts downward pressure on mortgage rates
Homes.com parent CoStar sued Zillow in July over what it described as 'systematic infringement' of copyrighted images. Zillow has yet to formally respond, but has started taking the images down
Lubbock-based broker Amy Tapp will transform her 45-person indie brokerage into a team. Tapp joined eXp after attending a brokerage leadership event, which she called a 'divine appointment'
Homes representing $12.7T in property value are vulnerable to at least one type of severe or extreme climate risk, according to Realtor.com, with flooding as one of the most underestimated
RE/MAX affiliate, RE/MAX Premier, has purchased Compass's former North Shore offices, as the NYC-based brokerage consolidates locations after buying @properties Christie's International Real Estate. The agents in those offices are still with Compass
The law prohibits foreigners from China, Iran, North Korea and Russia from buying residential, commercial, industrial and agricultural land, and from leasing property for more than 1 year
The trade association essentially denied all allegations that The PLS made against it, saying that Clear Cooperation and NAR policies are 'lawful, justified, procompetitive [and] pro-consumer'
The lawsuit alleges that a move to terminate Lisa Cook would violate the Federal Reserve Act, which requires 'cause' for a governor's removal, and gives Cook the right to notice and a hearing
Reports released by the FHFA and S&P Dow Jones showed that buyers will likely gain leverage in some markets, while sellers may need to readjust their price expectations as market shifts
Sales of new single-family homes dropped 8.2% year over year to a seasonally adjusted annual rate of 652K, which still beat analysts' expectations of a rate of about 630K units
A scuffle during a free T-shirt toss led to Compass agent Gail Bomze's arrest. Bomze's attorney said poor event management caused her to be knocked to the ground and injured by teenagers
The dip is due to a weak July jobs report, a neutral inflation report and home sale prices moving past their peak as fall approaches. Those factors give buyers significant leverage
