Airbnb notches first profitable full year as demand surges, rates fall

The short-term rental platform posted $1.9 billion in profits and $8.4 billion in revenue in 2022, a 40 percent surge from a year earlier, according to executives during a full-year and 4Q earnings call Tuesday afternoon. Continue reading

KW mega team Livian grows with Southeast merger

The three combined teams add 20 agents with more than 4,500 real estate transactions under their belts to Livian’s roster, according to the company. Continue reading

Three years into COVID, landlords grapple with what to do about rent

Leniency or government protections often kept rent below market rate and prevented evictions. Three years into the pandemic, property managers are deciding how to move forward. Continue reading

Fresh off Super Bowl baby bump, Rihanna’s starter home hits market

The seven-bedroom Beverly Hills home was also occupied by John Legend and Chrissy Teigen from 2016 to 2021. After an initial unsuccessful offering of $19.25 million, the current owner is attempting to offload it at a loss. Continue reading

Housing singled out as largest contributor to inflation: Economists

Housing costs were the biggest contributor to inflation in January, according to new data from the Bureau of Labor Statistics. Increased food and energy costs were smaller by comparison. Continue reading

RateMyAgent, Realtor.com forge review publishing partnership

Realtors who use the review facilitation solution RateMyAgent can now send their customers’ feedback to the trade group’s home search portal Realtor.com. Continue reading

Rocket CEO Jay Farner, who led company’s 2020 IPO, retiring June 1

Former Rocket Mortgage CEO Bill Emerson will serve as the company’s interim CEO while its board of directors conducts a search for a permanent leader. Continue reading

Presale renovator Revive acquires HomePrep as it eyes the East Coast

Revive has acquired HomePrep outside of Washington, D.C. in a continued nationwide expansion, executives told Inman exclusively. The company adds value with no up-front costs to homesellers. Continue reading