A piece of chocolate cake being removed from the whole
The Consumer Federation of America also tells consumers not to agree to pay an agent just to see a home, but to sign a touring agreement with no financial obligation instead
UWM shares at 3-year high on prospect of refi 'mini boom'
In Q2 earnings, the nation's largest mortgage lender posted a healthy $76M profit, paid down debt and said it's in prime position to capitalize and grow as mortgage rates drop to 2024 lows
by Matt Carter Aug 6
Your biggest Inman Connect Las Vegas takeaways: Pulse
An inspiring keynote? A stellar panel? We asked what you saw, heard or read from Inman Connect Las Vegas that changed your perspective and your business. Here's what you had to say
by Inman Aug 6
Matterport revenue grows, losses improve during Q2
Total revenue grew to $42.2M during Q2 2024, up from $39.6M the previous year, as the company worked to increase its market share
Redfin sees Q2 revenue rise, while losses remain nearly flat
The company's earnings report saw revenue climb 7% to $295.2M between April and June, but it also lost $27.9M — just a hair above its Q2 2023 loss
by Jim Dalrymple II Aug 6
Travelers spent $21.2B booking through Airbnb last quarter
The leading short-term rental platform told investors that its share of revenue grew by 11% to $2.75B in Q2. Travelers made 125.1M total bookings in 3 months
by Taylor Anderson Aug 6
10 top takeaways from Inman Connect Las Vegas
These Inman Connect Las Vegas panels highlighted the immense value of community and collaboration in driving our industry forward, Inside Real Estate's Stacey Soleil writes
by Stacey Soleil Aug 6
Maui reaches $4B settlement as wildfire anniversary nears
More than 10K plaintiffs, including homeowners and businesses, have reached a $4B settlement that comes less than a year after a devastating wildfire on the Hawaiian island
by Richelle Hammiel Aug 6
Investment firm loses former Trump hotel to foreclosure auction
Miami-based investment firm CGI Merchant Group purchased the luxury hotel in 2022 for $375M with a $285M loan from BDT & MSD Partners. By 2023, the firm had defaulted on its debt
Florida Realtor association keys in on partnership with SentriLock
One of the nation’s top 10 largest associations has made its decision on an official lockbox by selecting SentriLock, 1 of 2 primary industry providers
by Craig C. Rowe Aug 6
NAR settlement still an enigma for some ahead of big Aug. 17 deadline
Last week, the brightest minds in real estate converged at Inman Connect to set agents, brokers and MLS members straight on the finer points of the new rules taking effect in less than 2 weeks
Offerpad trims Q2 loss, but sales and revenue continue to slide
Shares in Offerpad hit new all-time low in after-hours trading Monday after the iBuyer reported that it continues to trim its losses but expects further declines in revenue and homes sold in Q3
by Matt Carter Aug 5
Younger homebuyers say they'd sacrifice safety for affordability
Despite safety ranking high among buyer concerns, house hunters say they're willing to consider purchasing in a high-risk area in exchange for affordable housing, according to a new report
by Richelle Hammiel Aug 5
A picture of a multi-unit building to symbolize multifamily real estate market
Concerns about fraud mean lenders who want to sell multifamily loans to the mortgage giants may be required to do more due diligence on borrowers and their properties
by Matt Carter Aug 5
Zillow Gone Wild gets hit with $300K copyright infringement suit
Washington photographer said Zillow Gone Wild used her photo without permission in 2022. After attempts to negotiate payment of roughly $30K, she's now suing for a max judgment of $300K
by Marian McPherson Aug 5