Hiring in real estate ramps up — but lags behind other industries: Labor

May was a strong hiring month for the U.S. as a whole. But in a down market, real estate didn’t quite keep pace, according to new jobs data released Friday by the Bureau of Labor Statistics. Continue reading

Tick, tick, boom: The Download on the bombshell commission suit

Each week on The Download, Inman’s Christy Murdock takes a deeper look at the top-read stories of the week to give you what you’ll need to meet Monday head-on. This week: We move a step closer to the courtroom as the bombshell lawsuit’s judge sets a wi… Continue reading

Robert Reffkin’s mom, Ruth, has joined Compass’ Garson Team

The senior Reffkin’s move to the social media-forward team will create a cross-generational collaboration that capitalizes on combining varied skill sets to best help clients, Inman exclusively learned. Continue reading

Will AI replace real estate agents?

While AI has the potential to automate and certainly enhance many aspects of the real estate industry, writes California Realtor Ken Sisson, it is unlikely to replace human agents completely anytime soon. Continue reading

David Doctorow steps down as CEO of Realtor.com parent Move, Inc.

Doctorow oversaw the company as its revenues and site traffic rose to record highs, the company said. But as with the rest of the industry, Move has shown signs of a slowdown. Continue reading

82% of Americans favor upzoning as fix for skyrocketing housing costs

Zillow’s latest housing survey revealed overwhelming support for accessory dwelling units, duplexes, triplexes and other dense-housing complexes as housing costs have doubled from pre-pandemic levels. Continue reading

KW, Coldwell Banker and others sued over alleged discrimination

The new lawsuit claims that a host of big-name real estate companies, as well as various landlords, refused to accept Section 8 vouchers for lower-income renters. Continue reading

After a year of hunting, JLo and Ben Affleck close on $61M mansion

They may have fame and money, but celebrities have to go through the painful process of house hunting just like the rest of us, Bennifer’s homebuying journey shows. Continue reading

Investment activity tallies record fall as purchases tumble 49% in Q1

Overall home purchases dropped 41%, suggesting investors have pulled back from the market more than consumers during a period of high rates and volatile home prices, according to Redfin. Continue reading

Broker Spotlight: Grant Ludwick, Matt Robinson and Nick Wilhite; The Agency Bend

These real estate brokers say they’re building a disruptive brokerage based on their bullish belief in their Oregon market. Continue reading