Barry Sternlicht: Rents will go up, and it’s Jerome Powell’s fault

By Ben Verde | June 7, 2024 - 5:36 pm |June 7, 2024 Uncategorized

Comments Off on Barry Sternlicht: Rents will go up, and it’s Jerome Powell’s fault

The billionaire head of Sternwood Capital blamed Federal Reserve chief Jerome Powell’s interest rate campaign for killing activity in the multifamily sector. Continue reading →

Recruiting wars continue as Coldwell nabs Compass agent

By Jim Dalrymple II | June 7, 2024 - 5:27 pm |June 7, 2024 Uncategorized

Comments Off on Recruiting wars continue as Coldwell nabs Compass agent

Vicky Yu closed more than $63 million in sales last year. Her move to Coldwell Banker comes as brokerages continue an intense competition for top talent. Continue reading →

Mortgage rates are spiking on Friday’s blowout jobs report

By Matt Carter | June 7, 2024 - 5:21 pm |June 7, 2024 Uncategorized

Comments Off on Mortgage rates are spiking on Friday’s blowout jobs report

Employers added 272,000 jobs in May, far exceeding the consensus view among economists that payrolls would rise by 180,000 and the average of 232,000 over the past year. Continue reading →

Residential marketplace newbie Realoq expands to 3 new states

By Marian McPherson | June 7, 2024 - 3:59 pm |June 7, 2024 Uncategorized

Comments Off on Residential marketplace newbie Realoq expands to 3 new states

California-based, “multi-sided” residential portal Realoq has expanded to Florida, Georgia and North Carolina. The company raised $3 million in seed funding in 2023. Continue reading →

Ben Bray & Associates joins Better Homes and Gardens Real Estate

By Marian McPherson | June 7, 2024 - 3:11 pm |June 7, 2024 Uncategorized

Comments Off on Ben Bray & Associates joins Better Homes and Gardens Real Estate

Ben Bray & Associates, a 27-year-old Tennessee brokerage, is the sixth to join Better Homes and Gardens Real Estate in 2024. The Lafayette-based brokerage boasts 28 agents across two offices. Continue reading →

High-end condos, co-ops bright spots for Manhattan in May

By Lillian Dickerson | June 7, 2024 - 3:00 pm |June 7, 2024 Uncategorized

Comments Off on High-end condos, co-ops bright spots for Manhattan in May

The Hamptons luxury market also performed well across both single-family homes and condos, according to Douglas Elliman’s new signed contracts report. Continue reading →

Microsoft removes portal data from Bing Real Estate after outcry

By Marian McPherson | June 7, 2024 - 2:34 pm |June 7, 2024 Uncategorized

Comments Off on Microsoft removes portal data from Bing Real Estate after outcry

Four days after Bing Real Estate came under fire for its alleged co-opting of listing data from Zillow, Redfin and Realtor.com, Microsoft has removed for-sale listing data from its site. Continue reading →

Appeals, agency and appointments: It’s Inman’s Top 5

By Christy Murdock | June 7, 2024 - 1:45 pm |June 7, 2024 Uncategorized

Comments Off on Appeals, agency and appointments: 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.
Continue reading →

RealReports unwinds property DNA: Tech Review

By Craig C. Rowe | June 7, 2024 - 9:00 am |June 7, 2024 Uncategorized

Comments Off on RealReports unwinds property DNA: Tech Review

RealReports goes beyond beds, baths and budget with an AI-backed solution for helping real estate agents better understand how what’s around and in a home impacts its value. Continue reading →

27 performance metrics to start tracking this weekend

By Darryl Davis | June 7, 2024 - 8:38 am |June 7, 2024 Uncategorized

Comments Off on 27 performance metrics to start tracking this weekend

Not sure what challenges and opportunities are coming your way? Coach Darryl Davis provides the numbers to crunch so that you always know what’s going on in your real estate business. Continue reading →