Monthly Archives: March 2022

Pennymac lays off 236 workers after upping tech, marketing investments

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The layoffs come as Pennymac ups its investment in technology and marketing to help it do more business directly with consumers and mortgage brokers. Continue reading →

Tommy Hilfiger makes $19M profit on Aspen Mountain retreat

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The spring homebuying season is in full swing with homesellers making a pretty penny for their old abodes, including famed American sportswear designer Tommy Hilfiger who sold his Aspen Mountain estate for a mind-boggling $50 million mere months after … Continue reading →

The condo recovery is underway — but houses remain hotter

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Competition for condos has been fierce in the past year as buyers once again looked for homes nearer their cities’ urban centers. This follows an early-pandemic softening in the market segment. Continue reading →

Realogy finalizes $210M Title Resources Guaranty deal

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Five months after announcing the sale of a controlling stake in its title insurance underwriting business, Realogy has officially sealed the deal. The New Jersey-based holding company announced the close of the $210 million deal on Tuesday, which enabl… Continue reading →

HomeJab launches NFT marketplace for real estate images

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Called “real,” HomeJab’s new NFT marketplace allows brokerages and real estate-related companies to purchase exclusive images for marketing. This cuts down on brand confusion while providing greater financial incentives for photographers. Continue reading →

January home prices see 4th-largest year-over-year gain in 35 years

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The 19.2 percent year-over-year jump was the fourth-largest increase recorded in the 35-year history of the Corelogic Case-Shiller Index. Continue reading →

Tech alone won’t transform real estate: Realogy CEO Ryan Schneider

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Ahead of his appearance at Inman Connect New York in April, Realogy CEO Ryan Schneider shares how digitization is at the center of brokerages’ and agents’ survival in the years to come. Continue reading →

How luxury clients may be impacted by Biden’s wealth tax proposal

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The “Billionaire Minimum Income Tax,” as outlined in Biden’s proposal, would require households worth more than $100 million to pay a tax of at least 20 percent on both their income and any unrealized gains — including real estate. Continue reading →

Land sales in the metaverse: How real estate professionals are embracing the shift

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In this new type of land ownership, real estate professionals will have to consider changing or adapting the way they sell or market real estate. Here, three pros share their insights and predict what’s next. Continue reading →

Maintaining work-life balance in the multifamily sector

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Finding that sweet spot between work life and home life is a matter of discipline, timing and scheduling. It’s a matter of committing oneself as much to self-care as to the job at hand, as much to me-time as to go-time. Continue reading →