Strength in home prices helped boost Fannie, Freddie 2023 profits

With a combined net worth of $125 billion after earnings this week, the mortgage giants remain on a path that could lead to eventual release from government conservatorship if political winds shift. Continue reading

Matchmaking architectural styles and buyers: A broker’s perspective

It’s essential to understand a client’s tastes, historical context and regional influences, writes broker Michelle Coffing. Doing so ensures buyers are successfully matched with the right home in a style that suits their aesthetic preferences and lifes… Continue reading

WATCH: Anywhere’s sitting pretty after Sitzer | Burnett settlement

Find out why CEO Ryan Schneider sees the decision to settle as offering a “competitive advantage” for his company’s agents and brokers. Continue reading

Latest Matterport release looks to ‘automate the future’

Known as Matterport Property Intelligence, the release contains features now out of beta testing, such as automatic room-by-room labeling and dimensions, color-coded and company-branded floor plans and property reports for fully detailed physical listi… Continue reading

Mohamed Hadid-built Beverly Hills mansion sells for $36M

The off-market sale is a highlight for greater LA’s luxury market, which has slowed in the last year in response to market shifts, interest rates and new luxury taxes. Continue reading

Goodbye, DC. Hello, Arlington: CoStar Group inks deal for new HQ

CoStar Group is trading its Washington, D.C., digs for a new HQ in Arlington, Virginia. The company will move to the new building in 2025, creating 150 jobs in the process. Continue reading

Opendoor posts significant decline in revenue but narrows losses in Q4

In an earnings report Thursday afternoon, Opendoor CEO Carrie Wheeler struck an optimistic tone and pointed to the “potential for a more normalized macro backdrop” in 2024. Continue reading

‘The joy of painting’ lives on in former Bob Ross artist retreat

The Mediterranean-style home in Florida was once owned by Bob Ross Inc. and hosted art retreats for Bob Ross-certified instructors and their students. Now it’s for sale for $1.999 million. Continue reading