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
Barnes & Noble founder finds buyer for $96M Palm Beach home
Just about a month after listing the property with Leonard Moens, Leonard Riggio's 1.7-acre oceanfront estate in Palm Beach has gone under contract
8 reasons top-producing agents despise going into the office
Opinion
Is your office the one everyone talks about for all the wrong reasons? Consultant Rachael Hite says your 'fun' office just might be the opposite
by Rachael Hite Aug 5
Can Kevin Sears put NAR back on a firm footing? The Download
NAR President Kevin Sears sat down at ICLV with Clelia Warburg Peters to talk about the trade group's past and future, including a return to advocacy and transparency
by Christy Murdock Aug 3
Victims awarded $12M in flipper scheme repped by HGTV stars
The Federal Trade Commission (FTC) is distributing $12M in payments to customers caught in a real estate house-flipping scheme operated by Zurixx, LLC and promoted by a lineup of celebrities
by Richelle Hammiel Aug 2
Zillow finalizes lawsuit settlement with ARMLS, Metro MLS
Residential portal behemoth Zillow has settled its antitrust suit against Arizona Regional Multiple Listing Service, Multiple Listing Service, Inc., over discontinuing integration with ShowingTime+
by Marian McPherson Aug 2
Patrick Carroll makes LA court appearance amid felony charge
Carroll appeared before LA Superior Court judge Francis Bennett II following his July 1 arrest by LAPD and agreed to waive his rights to be present for court dates in the future
Mortgage rates are in free fall on a triple whammy of economic news
Jobs reports trigger recession fears, sending rates on 30-year fixed-rate mortgages plunging to new 2024 lows as investors rotate out of stocks and into bonds and MBSs that fund home loans
by Matt Carter Aug 2
Average buyer's agent commission has fallen since NAR settlement
Redfin's latest report revealed the average buyer's agent's commission percentage has declined in 47 of the 50 largest markets since NAR's March settlement
by Marian McPherson Aug 2
81 Barrow St NY | Google Maps
New York developer Jeffrey Levine and wife, Randi Charno Levine, U.S. ambassador to Portugal, sold their Greenwich Village townhouse for nearly $22M, the 'New York Post' reported Thursday
by Richelle Hammiel Aug 2
How much is a typical luxury home? $750K in Buffalo, $5.3M in Cali
For about the last 4 years, home price growth in the overall market outpaced growth in the luxury sector every month. But since January 2024, that trend has reversed, Zillow reported
Tyler Mount on real estate and life: 'Authenticity wins'
The 3-time Tony award winner and marketing company founder talked about the importance of agent authenticity at Inman Connect Las Vegas
by Craig C. Rowe Aug 2