Offerpad on path to profitability as net losses slid 75% in Q3
The iBuyer reported Q3 earnings Thursday, with revenues declining 71% YOY to $234.2M. Offerpad dramatically slimmed losses and is on track to reach Adjusted EBITDA profitability by 2024
by Marian McPherson Nov 2
Altman Brothers expand to Arizona with Grigg's Group partnership
A new boutique luxury brokerage called Grigg's Group Powered by The Altman Brothers builds on a decade-long relationship the team formed with team leader Scott Grigg, Inman has learned
by Lillian Dickerson Oct 25
Compass scoops up high-end SoCal boutique brokerage
DPP Real Estate has more than 175 agents and specializes in architecturally significant properties. Moving forward, the firm will be known as DPP @ Compass
by Jim Dalrymple II Sep 19
Cordless Media inks new deal with web advertising behemoth
The marketing company is set to partner with The Trade Desk, a prominent, programmatic advertising platform that assists ad buyers with large-scale, data-driven campaigns
by Craig C. Rowe Sep 14
VC-backed Roam seeks to connect buyers to assumable mortgages
In theory, all government-backed FHA, VA and USDA loans are assumable, and with mortgage rates at levels not seen in two decades, interest in this little-used option has been growing
by Matt Carter Sep 13
Divvy Homes letting 95 employees go, including senior managers
The third round of layoffs in the last 12 months takes effect Nov. 7 and affects employees in 21 states, including Divvy's chief legal officer, vice president of compliance and head of design
by Matt Carter Sep 11
Gavel over one hundred dollar bills represents Newrez' settling a complaint
Fallout from the bankruptcy of reinsurer Vesttoo Ltd. ripples through the insurance industry, with Texas regulators keeping tabs on Homeowners of America Insurance Co.
by Matt Carter Sep 5
'It must have 16 cabinets': 6 deals that died for wild and silly reasons
Real estate agents recently revealed to Inman the most unexpected reasons they've lost deals — including a fear of snakes, hatred of Glade Plug-ins, bad vibes and, apparently, off-kilter feng shui
by Jim Dalrymple II Sep 1
BoxBrownie to help 72SOLD keep its promise to sellers
Company's quick turnaround of marketing assets is ideally designed to complement the urgency-based system 72SOLD leverages to promote listings, said co-founder of BoxBrownie Brad Filliponi
by Craig C. Rowe Aug 31
Zillow is the latest lender to offer a 1% down purchase mortgage
UWM and Rocket Mortgage are also leveraging Fannie Mae and Freddie Mac programs tailored to borrowers earning less than 80% of the area median income
by Matt Carter Aug 25
Share of homebuyers looking to move cities hits new high
Homebuyers have been dropping out of the market. Of the ones who are still in, more are eyeing a cross-city relocation, Redfin data suggests
by Daniel Houston Aug 23
Rapattoni hack illustrates the need for this 13-step contingency plan
Real estate-related companies are frequent targets for cybercrime because of their decentralized structure and high-dollar-value services
by Leslie Guiley Aug 22
Will chatbots make housing discrimination worse?
New artificial intelligence technology can recommend real estate listings based on neighborhoods' ethnic makeup. Experts are worried about the tech's potential for discrimination
by Jim Dalrymple II Jun 20
Zillow and Opendoor expand partnership to 11 new markets
The former rivals are now jointly providing cash offers to consumers in a total of 16 markets, most of them spread out across the Sunbelt, according to an announcement Thursday
by Jim Dalrymple II Jun 1
Zillow expands 'post-pay' Premier Agent model to 2 new markets
The expansion is part of Zillow's 'enhanced markets' program, which is now in 6 cities and part of the company's efforts to eventually build a real estate 'super app'
by Jim Dalrymple II May 26