Airbnb valuation soars after wildly successful debut as public company
The travel company's share price shot up to more than $168 at one point after an initial price of $68 per share on Thursday, the company's first day on the Nasdaq
by Jim Dalrymple II Dec 10
RedfinNow expands into pricey San Francisco and Seattle markets
In a notable departure from more common iBuying strategies, Redfin's iBuyer program, RedfinNow, will target homes built after 1930 and costing more than $1M in the 2 cities
by Jim Dalrymple II Dec 8
Single-family rental demand remains at record high amid pandemic
According to the National Home Rental Council's Q3 2020 market index, the single-family rental market remains robust as renters flock to the suburbs
by Marian McPherson Dec 8
5 things to watch for as Redfin heads into 2021
Redfin's iBuying program and ancillary services should continue to be important parts of the company's expansion. It'll also have to contend with flashy rivals and a fair housing lawsuit
by Jim Dalrymple II Dec 7
Western cities will excel amid strong 2021 market: realtor.com
Cities such as Sacramento, California, should do well next year due to affordability, strong job markets and proximity to bigger metros. New York City, on the other hand, may struggle
by Jim Dalrymple II Dec 7
Airbnb may actually be undervalued ahead of IPO: Study
A new analysis by consumer analytics company ValueChampion found that the pandemic has actually helped Airbnb achieve greater dominance over the travel booking industry
by Jim Dalrymple II Dec 2
Sotheby's CEO Philip White sees 'very positive' market trends
White described a robust market that has exceeded even his own expectations this year, and added that he believes homes will continue selling well in 2021
by Jim Dalrymple II Nov 25
Outdoor kitchens, dining spaces take center stage during holidays
Agents in California, Montana, Arkansas and Louisiana share how buyers are embracing outdoor entertainment spaces for socially distanced holiday gatherings
by Marian McPherson Nov 25
In chaotic times, Zillow becomes the solution to doomscrolling
People in 2020 are treating the ubiquitous real estate portal as part social network and part salve amid a global pandemic and geopolitical chaos. But don't expect a comments section
by Jim Dalrymple II Nov 20
Notarize announces partnership with dotloop
The new partnership should let agents using dotloop get their documents notarized with the click of a button
by Jim Dalrymple II Nov 18
Notarize opens platform to more notaries, launches tool for agents
Notarize also revealed during a virtual conference Wednesday that it has seen significant growing interest in virtual transactions during the pandemic
by Jim Dalrymple II Nov 18
Vacasa CEO: Vacation rentals have no shoulder season now
Matt Roberts said that once lockdowns lifted, Americans flocked to short-term rentals, though their preferences are changing
by Jim Dalrymple II Nov 17
Airbnb files for IPO, reveals soaring losses in early 2020
The short-term rental platform lost nearly $1 billion during the first half of 2020. But a rebound in travel actually allowed it to turn a profit in the third quarter
by Jim Dalrymple II Nov 16
Coldwell Banker CEO: Family moves fueling 'brisk' sales nationwide
M. Ryan Gorman said family moves are helping keep the housing market strong despite broader economic challenges during the coronavirus pandemic
by Jim Dalrymple II Nov 16
Tech hubs see falling rent as coronavirus pandemic drags on
San Francisco, Seattle and other big cities saw rents drop in October as people sought more space amid ongoing COVID-19 chaos
by Jim Dalrymple II Nov 13