Appraiser ordered to watch exposé on Black homeowners she lowballed
Paul Austin and wife Tenisha Tate-Austin sued appraiser Janette Miller in 2021 after a lowball quote prompted the couple to pose a white friend as the homeowner for a second appraisal
by Ben Verde Mar 9
LoanDepot losses mount as company continues to shed workers
Beleaguered mortgage lender racks up a $610.4M 2022 net loss despite cutting 6,100 jobs as rising mortgage rates cut into the company's lucrative refinancing business
by Matt Carter Mar 8
The message is blunt: Real estate leaders anticipate a tough 2023
Inman's first-ever Intel leadership survey revealed that leaders think the market will be worse in 2023 compared to 2022 — but they also expect to thrive regardless of the economic headwinds
by Jim Dalrymple II Mar 8
Steady home-price growth to resume in 2024, experts predict
Price growth will pick back up in 2024 and hit a rate of 3.5 percent annual growth every year through 2027, according to a panel of housing experts surveyed by Zillow and Pulsenomics
by Ben Verde Mar 2
Utah 1st state to ban long-term listing agreements enforced by lien
Legislation expected to go into effect April 1 addresses allegedly deceptive tactics employed by MV Realty and was based on a model bill drafted by American Land Title Association
by Matt Carter Mar 2
Housing inventory shoots up as homes sit longer on the market
A new report from Realtor.com shows that homes were sitting on the market for an average of 67 days in February, up from just 44 last year at the same time
by Jim Dalrymple II Mar 2
This little-known niche helps charities (and agents) get paid
Help your favorite non-profit unlock charitable gifts of real estate while you earn a full commission as well
by Bernice Ross Mar 2
Compass explores possibility of franchising, company says
CEO Robert Reffkin floated the idea of a franchise brand during an earnings call Tuesday, describing it as a 'more profitable' method of growing the business
by Jim Dalrymple II Feb 28
Can a mega-mansion in Paradise Valley bring in a record $75M?
The state's priciest deal sold for $28.1M in June 2022, but with the lure of a metaverse room, a spa that generates snow and more, developers think they can get $75M for a home still in progress
by Lillian Dickerson Feb 28
Brad Inman: Decision-makers, not experts, will forge real estate's path
The Inman founder kicked off Disconnect in Palm Springs, California, on Monday by calling on real estate leaders to deliver a path forward through the rough patches ahead
by Daniel Houston Feb 28
BHGRE brings on Rainbow Island Properties in Kauai, Hawaii
The new firm, co-owned and operated by Tim Ross and Joyce Wright Funk, is based in the Hanalei district. Wright Funk's appointment marks the 1st time a BHGRE affiliate has had a Black female owner
by Lillian Dickerson Feb 27
Cardone says REI will 'save housing': The Real Word
Opinion
This week, Byron Lazine and Nicole White discuss the latest from Gary Keller, Grant Cardone's market predictions and little things that undermine real estate businesses
by Byron Lazine Feb 27
Wells Fargo lays off hundreds more, including some top producers
The bank says it has racked up $353M in severance expenses, primarily in mortgage, as it closes branches and pursues a 'more focused home lending business'
by Matt Carter Feb 24
Lawsuit accuses eXp agents of sexual assault, drugging women
According to the suit filed Wednesday, Michael Bjorkman and David Golden took advantage of women while attending real estate industry events
by Jim Dalrymple II Feb 23
Costly housing spurred California's 500,000-person pandemic exit
The state's population exodus was second only to New York, which lost 15,000 more people. The sky-high cost of housing was the residents' primary reason for departure
by Lillian Dickerson Feb 21