Market slowdown is ‘chipping away’ at homeowner wealth: Attom

The share of homes that were worth at least 50 percent more than their mortgage fell for the second straight quarter. Still, there are few homes facing foreclosure, according to the latest report from Attom. Continue reading

Opendoor steers clear of epic 2022 losses in Q1, but revenue remains down

The iBuying giant saw revenue dip 39 percent year over year at the beginning of 2023, according to a Q1 earnings call Thursday. It also sold and bought fewer homes compared to the beginning of 2022. Continue reading

With ‘Leo’ launch, Real Brokerage latest to integrate ChatGPT

Tech-forward real estate brokerage Real is known for its combination of in-house software development and third-party partnerships. That tactic continues with its latest integration of Open AI’s ChatGPT. Continue reading

Ongoing doubts about soundness of regional banks rattle investors

Shares in regional banks PacWest Bancorp and Western Alliance Bancorp tumble, and TD Bank Group and First Horizon announce they’re calling off their merger. Continue reading

Value of promoting sustainability in listings keeps falling, Realtors say

An Inman analysis of NAR data on residential sustainability over the past seven years reveals that fewer agents and brokers believe touting energy efficiency in listings elicits meaningful results. Continue reading

Luxury agent Taylor Middleton exits SERHANT. for Douglas Elliman

Described as “one to watch” by Douglas Elliman Executive Chairman Howard Lorber, Middleton will operate out of Douglas Elliman’s flagship office in Manhattan, Inman has learned exclusively. Continue reading