Fathom Realty borrows $5M to accelerate growth plans
CEO Marco Fregenal says fresh capital in the form of convertible notes will help brokerage fast-track planned agent and transaction growth, with a focus on targeted walkovers and acquisitions
by Matt Carter Sep 27
MV Realty loses Colorado license in latest setback over contracts
The Colorado Division of Real Estate announced the move Monday, days after the beleaguered brokerage suffered a legal blow in California over 40-year contracts described as 'predatory'
by Jim Dalrymple II Sep 25
Newrez parent company Rithm raising up to $391M in offering
Proceeds from sale of up to 34.5M shares, which hit a 52-week high on Sept. 19, to be used for corporate purposes that may include future acquisitions, investments or debt repayment
by Matt Carter Sep 25
MV Realty barred from enforcing 40-year contract in California
A new preliminary injunction orders the Florida-based brokerage to stop issuing liens in California, and to stop enforcing its 40-year 'homeowner benefit agreements'
by Jim Dalrymple II Sep 20
Fathom shares bounce back on prospects for agent growth
Since hitting a June 21 low of $1.33, shares in the flat-fee real estate brokerage are up 125% as the company continues to add agents and pursue plans to expand operations to all 50 states
by Matt Carter Sep 9
Unlock set to expand product set, footprint with $30M Series B
Strategic partnership with D2 Asset Management will help the shared equity pioneer go nationwide, after signing home equity agreements with more than 10K homeowners in 16 states
by Matt Carter Sep 4
US homebuyer down payments reach new record, outpace prices
In June, the median down payment soared to a record $67,500, a 14.8% increase from $58,788 the previous year, according to a Redfin analysis
by Richelle Hammiel Aug 28
On Realtor.com's hottest ZIP codes list, the Midwest reigns supreme
Affordability and a plethora of amenities vaulted Gahanna, Ohio, to the top of Realtor.com's 2024 hottest ZIP codes list. ZIP codes in Missouri and Indiana made the list, too
by Marian McPherson Aug 20
Hanna fights back against homebuyer commission suit
Parent company of Howard Hanna Real Estate Services argues plaintiff agreed to a mediation clause and, as a buyer, doesn't have standing to sue under federal and state antitrust laws
Swing state housing costs have skyrocketed since 2020 election
Housing affordability will remain an issue at the forefront of the upcoming presidential election, where swing states will determine the next president and the future of housing costs
by Richelle Hammiel Jul 17
More homebuyers sue to upend how real estate agents get paid
Howard Hanna is the latest brokerage to be hit with a buyer commission suit seeking class-action status
EasyKnock juggling lawsuits, regulators in multiple states
Sale-leaseback platform tells NPR civil lawsuits in Texas and other states are 'meritless' and that it's cooperating with attorneys general in Massachusetts and Michigan
by Matt Carter Jul 3
Judge denies stay order after plaintiffs argue against NAR deal
Attorneys for the plaintiffs in a case now known as Moratis stress that NAR's proposed settlement won't stop 'a key element of the antitrust conspiracy' and might take years to go into effect
by Andrea V. Brambila Jun 24
Commission questions still swirling: It's Inman's Top 5
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers
by Christy Murdock Jun 14
Seller who balked at inadequate payout appeals commission deal
Pennsylvania homeseller Spring Way Center is seeking to overturn the court approval of deals reached with Anywhere, Keller Williams and RE/MAX to resolve antitrust commission suits
by Andrea V. Brambila Jun 11