Divvy Homes’ employees say there has been another round of layoffs

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Although Divvy has not yet responded to requests for comment, a half-dozen former employees posted on LinkedIn that they were laid off Wednesday. Continue reading →

Pacaso firms up co-ownership union with HomeServices of America

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Pacaso’s model gives luxury agents something new to offer clients, as well as opens their representation services to buyers who were once shutout of the traditional second-home market. Continue reading →

Matterport Digital Pro offers listing agents all-in-one marketing package

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Matterport Digital Pro includes 3D tour, 25 or more high-end still photos, a static 2D floor plan and a 10-15 second preview reel. Continue reading →

Corcoran Legends Realty acquires Renwick Real Estate

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The Westchester County-based Corcoran Group franchisee has welcomed the long-standing independent brokerage to its ranks, adding 16 agents and one new office. Continue reading →

Compass team in New York departs to start joint venture with Side

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Charlie Homet and John Brandon launched a boutique brokerage called Archpoint Advisory Partners in partnership with Side, focusing on properties in Brooklyn and downtown Manhattan. Continue reading →

Zillow sees revenue dip in Q4, but manages to trim losses

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The portal giant brought in $435 million in revenue during the fourth quarter of last year and lost $72 million, according to 4Q22 earnings released Wednesday afternoon. Continue reading →

Demand for purchase loans sinks as mortgage rates rebound

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Mortgage rates have been inching up from 2023 lows following a strong jobs report and January’s Consumer Price Index readout, which shows only a slight cooling in inflation. Continue reading →

Artist’s psychedelic hula-hooping home lists in Colorado for $560K

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A rainbow escape awaits the buyer of a psychedelic home in Colorado Springs where the house’s interior is a colorful array of faux fur, murals, funky light fixtures, art installations and more. Continue reading →

Homebuilders are feeling a lot more optimistic as market begins to thaw

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Builder confidence rose seven points in February, to 42, according to the latest NAHB Housing Market Index. It’s the highest score since September and the largest one-month increase in a decade. Continue reading →

Ex-rivals Opendoor and Zillow debut new partnership in Atlanta, Raleigh

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Homeowners in Raleigh and Atlanta can ask for a cash offer from Opendoor and get an estimate from Zillow about what their home might sell for on the open market. Continue reading →