Skittish sellers, hungry buyers: How the Fed tanked housing
Goldman Sachs economist Michael Murdoch criticized the Federal Reserve's rate strategy at Ben Kinney Companies' BuiltHOW conference, sharing how upcoming policies may impact 2024
by Marian McPherson Sep 12
Texas surged during COVID. Now, its luxury markets are being tested
Droves of people have flocked to Texas for new jobs, tax and affordability purposes, and political reasons, and demand from this new class of wealthy buyers is stretching luxury inventory thin
by Lillian Dickerson Jul 28
The investor who predicted 2008 bubble warns of 'ominous' burst
Jerry Grantham, co-founder of the investment firm GMO, said this week he fears another bubble is about to burst, with the crisis that gripped the banking system in March just the beginning
by Ben Verde Apr 13
'Big Short' investor says iBuyers could be obsolete by 2025
In his latest interview with Bloomberg, former Goldman Sachs investor Don Mullen explains why iBuyers won't survive much longer, calling them the 'forced sellers' of today's market
Home sales have so much further to fall in 2023, Goldman Sachs says
House purchases are expected to plummet further in the closing months of the year, and the recovery may not pick up speed until 2024, according to a new forecast from the investment bank
by Daniel Houston Sep 1
Manhattan's luxury market sees worst sales week since Aug. 2020
Signed luxury contracts in Manhattan hit a new low during the week ending Aug. 21, according to a report from Olshan Realty Inc. Luxury agents say there are a number of reasons why
by Lillian Dickerson Aug 26
Place is the latest real estate company to reach unicorn status
Ben Kinney and Chris Suarez's company, Place, launched last year, offers business infrastructure support to targeted, high-producing agents, ranging from accounting to marketing, transaction and CRM technology products. It just raised $100 million.
by Craig C. Rowe Nov 17
3 moments that made Adena Hefets into an industry disruptor
From watching her parents struggle to make ends meet as a child to connecting with an excellent mentor as an adult, these are the moments that shaped Hefets' career
by Lillian Dickerson Oct 13
NAR's venture capital fund picks Knock, other startups for REACH program
Second Century Ventures, which is an arm of the National Association of Realtors, has chosen Knock and 7 other startups to be a part of the 2021 REACH scale-up program
by Jim Dalrymple II Apr 26
What to watch for as Compass goes public: an Inman guide
After years of speculation, Compass' initial public offering is set for Thursday. Here's how it's likely to unfold, and what to watch for as it does
by Marian McPherson Mar 31
Compass turns 10: A look at the brokerage's most pivotal moments
On the occasion of Compass' annual REtreat in Atlanta this week, take a look back at the New York City-based brokerage's decade-long evolution as covered by Inman
Knock hires Goldman Sachs to help it go public
The company behind the fast-growing Home Swap program is knocking on Wall Street's door. Knock CEO Sean Black confirms the hiring of Goldman to take his company public
by Craig C. Rowe Mar 29
Compass IPO will price shares between $23 and $26
The brokerage and tech company is eyeing a $10B valuation as it gets ready to go public
by Patrick Kearns Mar 23
Zillow looking forward to 'extending the reach' of ShowingTime: Barton
Zillow CEO Rich Barton said his company is trying to center transactions in its business model and that he wants to do to real estate what the iPhone did to phones and media
by Jim Dalrymple II Feb 11
Bullish analysts send Zillow stock soaring to record high
The company's stock surged to a new all-time high Monday, after multiple analysts upped their price target ahead of the company's earnings report
by Patrick Kearns Feb 8