The Pacaso CEO peels back the curtain on his company’s evolution to a new chapter as it buys more houses in more markets at lower prices
Overall inflation rose just 3% on an annual basis in June, according to Bureau of Labor Statistics. The 10-year Treasury yield, an indicator of mortgage rates, plummeted on the news Thursday
The acquisition will allow Final Offer, a platform for managing and negotiating offers, to provide a 'transparent and straightforward experience when buying and selling a home,' executives said
CoStar group has complied with a request by the Better Business Bureau National Programs' National Advertising Division to cease claims in ads that its residential portal has doubled the traffic of Realtor.com
‘Competitors should never be allowed to cheat and steal to get ahead,’ Move, Inc. attorneys claim in a new suit alleging an ex-Realtor.com employee maintained access to the data while at CoStar
In a statement sent to NAR members, Kevin Sears confirmed executives of the trade organization met with Assistant Attorney General Jonathan Kanter last week to discuss settlement updates
The layoffs include employees at various levels of the company and come as RealPage faces scrutiny from federal regulators, who claim its software allows landlords to collude on rent
The partnership will give larger multifamily rental operators access to Moody's data on topics such as rents, vacancies and inventory
New report shines light on buyer representation agreements as brokerages and Realtor organizations move to update forms and comply with legal settlements this summer
Realtors can now add information to help potential buyers search for homes that might meet their mobility needs. The new fields were added to the Nova Scotia MLS on Wednesday
Industry watchers are sounding the alarm about Microsoft's Bing Real Estate, a site that for months has been reposting listings from Zillow, Realtor.com and Redfin without explanation
Eric Elfman previously founded Onit, which focuses on artificial intelligence and workflow automation. Former MoxiWorks CEO York Baur is remaining on the company's board
Movoto may be a familiar name, but under OJO's ownership the brand is quietly embarking on a David-and-Goliath struggle for a place in the portal pantheon
Total revenue climbs 18% in the first quarter as Airbnb continued to add supply and benefit from a surge in bookings for events like the eclipse
The company's net loss was 36% less than in 2023, according to Matterport's earnings from the quarter. Revenue rose 5% for the quarter
The Utah-based disruptor 'moved our real estate agents from W2 to 1099' while other 'non-Homie' agents were laid off last week due to 'role redundancy,' a Homie spokesperson confirmed to Inman
Matterport's board of directors unanimously approved the deal, to be finalized later this year. CoStar purchased its outstanding stock for $5.50 per share, reflecting an equity value of $2.1B
On Wednesday, executives told customers that a 'security incident involving a malicious third party' caused the outage that has disrupted thousands of brokers and agents since last week
Since April 10, brokerage websites across the country have been dark as BoomTown scrambles to resolve service disruptions. The outage has already impacted the bottom line, agents told Inman
Real estate professionals have been seeking answers since Wednesday, when many lost access to their personal websites, lead services and other tools provided by BoomTown, agents told Inman
New laws enacted to prevent the use of Non-Title Recorded Agreements for Personal Services — or NTRAPs — are sweeping the nation as critics decry alleged deceptive and predatory practices
The new price point marks a strategy shift for the company, which buys homes in vacation markets, converts them into LLCs and sells shares to up to eight buyers
The LGBTQ+ Real Estate Alliance launched an anti-LGBTQ bill tracker on Thursday as part of the Alliance's plan to make NAR and its lobbying arm, RPAC, stop funding anti-LGBTQ legislators
Two months of Inman Intel Index survey data shows waning confidence in real-world business-building activities but growing interest in buying leads on the internet
The acquisition will help OJO launch Lever by Movoto, which the company describes as an all-in-one technology platform for individual agents
Some Realtors and the attorney general in Washington, D.C., have come forward with criticism of Curbio. Executives say the complaints represent a tiny fraction of the thousands it has helped
The New York City-based real estate news site, a resource for buyers, sellers and renters, briefly ceased publication last week before announcing Monday it had been acquired
Twenty participants in the new program will not have to pay Doss' normal $15,000 franchise fee, though they will have to commit to growing their businesses
Rent is now 0.7% lower for one-bedroom rentals nationwide than it was a year ago, but some markets are still seeing significant increases, new report shows
Advocates had hoped to quadruple the tax buyers pay on residential and commercial real estate purchases if voters approved the measure next month
The complaint — one of nearly two dozen targeting real estate's commission-sharing structure — alleges 'most' buyer agents will steer clients away from listings that offer lower commission
The site started as an objective resource for renters and buyers moving to or living in New York City. Staff holds out hope for a sale this month
OpenAI's Adam Goldberg argued at Inman Connect New York that the most important skill for using AI effectively is 'clarity of thought'
Wednesday's panel at ICNY 2024 says a high interest rate environment will continue driving innovation in the mortgage and finance sector
'Every challenge presents a silver lining. You just have to be willing to look at it right,' ERA President Alex Vidal said on stage at ICNY on Tuesday
Consumers today are accustomed to connecting with products they buy before ever stepping outside of the house
As many as 80% of agents are using AI to do things like write listing descriptions, but real estate leaders also have concerns about 'guardrails' for the tech
After rates fell from October highs, homebuyers with a new mortgage are paying about $400 less each month. Still, there's no buying spree — yet
From cold calling and radio shows to painting classes, agent efforts to grow sphere of influence aren't one-size-fits-all
Scandals, lawsuits, technology and more dominated the headlines in what turned out to be one of real estate's most eventful years in recent memory
Opinion
AI fueled the biggest trends in proptech this year, but so did efforts to put the consumer first, tech critic Craig Rowe writes. Check out the dozens of products that received his highest praise in 2023
The Sun Belt leads the ongoing drop in rent declines, and the price of rent is now lower than a year ago in 50 of the top 100 markets Zumper tracks
Opinion
Many investors flock to real estate for the inherent tax advantages it can provide. But what if you want even more?
Players can experience what it's like to manage rentals in a real city, with tenants who harass each other, miss rent and commit crime
Warren Buffett and his partner Charlie Munger see distress in commercial real estate, which could spell trouble for lenders and opportunity for investors. ‘The buildings don’t go away,’ Buffett said
A report released Oct. 4 by the investment banking firm Keefe, Bruyette & Woods forecasts commissions to decline by at least 30% as a result of ongoing threats to the real estate industry
The commercial real estate giant is seeking to stop Homesnap founder Guy Wolcott from marketing a new data-transfer platform, which CoStar alleges is 'a copycat' of its own tech
Home prices could be reaching a breaking point, new report says, as housing affordability drops to lowest level since 2007. The median price of homes and condos is a record $351,250
‘Nearly everything about his scheme was a lie,’ the SEC says in new charges against the investor, who raised money to buy homes in northern Ohio
People are concerned about the changing climate's impact on their hometowns, but they're more concerned about a lack of housing affordability, according to a new report from Redfin
As Re-convene returns to Santa Monica this week, investors nationwide will be following along on Twitter, where an enthusiastic community of investors has leaned into social media in a big way
Robert Kiyosaki's social media post was the latest viral prediction about the short-term rental giant. Will this be the one that comes true, or is it another hoax?
Home values are now 11.4% lower in Austin, Texas, than they were in Aug. 2022, Zillow said. Nationally, prices were up slightly from July to August, and there was a small inventory uptick
At $2,052, the median monthly rent remains near its all-time high. But builders are wrapping up construction on thousands of new units, and rents could start falling soon
Real estate investors now know about the risks posed by interest rates. But what is the threat they'll be facing in a year or 2? G. Brian Davis breaks it all down
Suburban landowner Suzie B. Wilson has acquired hundreds of largely vacant properties in the city's south and west sides while garnering thousands of tickets worth millions of dollars
A lawsuit filed by a renter in Seattle accuses property management software firm and major landlords of violating antitrust statutes through a product used to set rental rates
Jonathan Pruzan, once thought to be a front-runner for CEO of Morgan Stanley, has been selected to run Pretium, a firm that owns tens of thousands of single-family rental homes
New tool comes as more homeowners look for ways to offset high housing costs, and as Airbnb looks to add more supply to keep prices down
New York City's law limiting short-term rentals went into effect on Tuesday. To offer stays of less than 30 days, NYC hosts must stay in the unit with their guests
Phoenix, Las Vegas and other Sunbelt metro areas saw the biggest slowdowns in investor activity as high rates and low demand cooled activity nationwide, according to reports
Is this mini-floorplan a sign of 'shrinkflation' in housing? This month, the internet weighed in on Lennar's idea of affordability at a tiny-home community in San Antonio
Over the past 6 years, a mysterious entity known only as Flannery Associates quietly scooped up nearly $900M in farmland outside the Bay Area. Now investors behind the plan have been revealed
Local Law 18, which requires short-term rental owners to register with the city, could siphon tens of millions of dollars in revenue from Airbnb when it goes into effect on Sept. 5 in New York City
Opinion
The last mile of lead generation, where an agent connects with a client, is what tech can't recreate on its own, Mike DelPrete argues
Unburdened by rate lock, the share of first-time homebuyers rose to 50% this year, according to a new report from Zillow. That's the highest share since 2010
Experts expect US companies to adjust remote work policies in the coming 6-12 months as office market suffers. 'Our cultures are different around work-life balance,' said CBRE's Julie Whelan
Happy tenants increase the chances they'll renew their leases while keeping investment properties occupied and cash flowing. Here's how to do it
A Florida-based couple running a real estate coaching and investment company is operating a scam that’s defrauding rookie investors, according to a handful of lawsuits filed in federal court
The town of Bridgehampton, where the median home price is $3.8M, is home to 1 of just 3 remaining Kmarts. Soon it will be 1 of 2, according to reports
The outlook is mixed, but 'it does look like prices may have bottomed out and are on their way back up,' said CJ Patrick Company CEO Rick Sharga
Shareholders on Friday overwhelmingly approved a plan to merge mortgage lender Better HoldCo with the Aurora Acquisition Corporation. The deal is expected to close before the end of August
'We’re encouraging people to think beyond this point of the interest rate cycle,' Roofstock CEO Gary Beasley said at Inman Connect Las Vegas on Wednesday
'I want our industry to look more at the rental market not as something that's completely separate and distinct from the homebuying market,' Michael Lucarelli said at Inman Connect Las Vegas
Everyone's talking about chatbots. But 3 experts at Inman Connect Las Vegas explored AI's other cutting-edge applications for agents during a panel on Wednesday
During Inman Connect on Tuesday, Damian Eales, Realtor.com's newly installed CEO, revealed the marching orders he's received from Rupert Murdoch as he aim to scale the top of the portal game
New York City topped San Jose as the most expensive rental market in the country, the first time the Big Apple has topped the list since Zillow began tracking the data in 2015
To read the headlines over the last year, the sky caved in on real estate markets across the country. But does the data support the narrative that home prices actually collapsed
Crowdfunding disperses risk among a huge pool of real estate investors, and offers the possibility of unusually high returns, Clever Real Estate executive and Inman contributor Luke Babich writes
Revenue for the company grew to $2.5B in Q2 buoyed by a growth in demand that was surpassed by a growth in supply, according to an earnings report released on Thursday
The popular vacation-rental platform dragged down the results of its parent company Expedia Group in the second quarter of the year, according to an earnings call Thursday
For all its bluster, CoStar Group likely doesn't think it can overthrow Zillow to become real estate's top portal, Mike DelPrete tells Intel. Here's what the commercial real estate giant is really after
CrowdStreet CEO Tore Steen ousted after $63M of investor money went missing in a deal that a fiduciary said had ‘plenty of red flags that are indicators of fraud,’ according to reports