James Dwiggins: Clear Cooperation opponents are prioritizing profits
Ahead of a debate on the CCP at Inman Connect New York, the CEO of NextHome says whether sellers agree to hold their listing off of the MLS depends on the agent's influence
by Andrea V. Brambila Dec 10
HUD raising FHA ceiling in high-cost markets to $1.2M next year
Adjustment for rising home prices increases FHA ceiling in high-cost markets like New York, San Francisco and Washington, D.C., and raises the floor in low-cost markets to $524,225
by Matt Carter Nov 26
Is office conversion a viable model for multifamily housing growth?
Despite the need for more affordable housing, writes multifamily expert Michael Zaransky, office conversions rarely solve the problem more effectively and cheaply than building new
by Michael Zaransky Nov 26
Opendoor lays off 300 workers after posting $78M Q3 loss
The San Francisco-based iBuyer bought and sold more homes during Q3 than it did a year ago and trimmed its net loss by 14% from Q2 and 26% from a year ago
by Matt Carter Nov 7
Surprises, setbacks and shifts: Q3 2024 earnings
Real estate giants report mixed results in Q3 earnings statements, as market shifts put profitability and growth strategies to the test
by Jessi Healey Nov 7
Side sues embattled Alexander brothers, citing breach of contract
After facing a series of lawsuits this summer from women alleging assault, the Alexanders are now contending with a new legal action against them from Side, which had backed their luxury firm
by Lillian Dickerson Oct 15
Coldwell Banker, RE/MAX, eXp Realty swept up in Section 8 sting
A consumer watchdog filed complaints with California’s Civil Rights Department against 200 firms after an undercover sting found that the vouchers were refused repeatedly across the state
by Richelle Hammiel Oct 9
Glenn Kelman: It's 'game on' for the 2025 housing market
In his latest CNBC appearance, Redfin CEO Glenn Kelman talked about mortgage rates, the lock-in effect, and how buyer-broker compensation changes are already impacting market dynamics
by Marian McPherson Oct 7
Top Agent Network amends suit to focus on NAR as 'real wrongdoer'
TAN CEO: 'NAR is the architect and promoter of the disastrous Clear Cooperation Policy and is the only party with the power to rescind it'
US housing turnover rate hits 30-year low as lock-in effect lingers
In the first 8 months of 2024, only 25 out of every 1,000 US homes changed ownership, marking the lowest housing turnover rate since 1994, according to an analysis by Redfin released Monday
by Richelle Hammiel Sep 30
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
Notable to power Brown Harris Stevens' reno and staging product
The deal to power the brokerage's Curate by BHS product marks the largest partnership Notable has launched since joining Leading RE's Solutions Group this spring, according to officials Tuesday
by Lillian Dickerson Sep 25
There's another rewards card aimed at homeowners: Mesa
Austin, Texas-based startup won't have the space to itself, but strategic partner Visa and backers providing $7.2M in seed funding, led by Streamlined Ventures, like the company's odds
by Matt Carter Sep 24
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
First window-washing robot debuts in Manhattan, with more on the way
The Skyline Robotics robot will be tasked with maintaining the windows of a Durst Organization-owned 45-story Class A office tower on Sixth Avenue in New York City, it was announced this week
by Richelle Hammiel Aug 29