Redfin CEO: Market correction is ‘sharper’, ‘faster’ than expected

Redfin CEO Glenn Kelman also said the flow of institutions into real estate has made housing more like the stock market, and that brokerages have to either “race to the top” or “race to the bottom.” Continue reading

Is the ‘Great Reshuffling’ about to go in reverse? Not yet, these agents say

The coronavirus pandemic allowed multitudes of people to move away from big coastal cities. A group of luxury real estate leaders at Inman Luxury Connect weighed in on how that trend is progressing. Continue reading

Christie’s International Real Estate expands to Japan

The move comes less than a year after Chicago-based brokerage @properties bought Christie’s and amid a period of globalization for American brands. Continue reading

Does a jump in demand fully explain the pandemic housing market?

A new report from the Fed suggests it was spiking demand, not a lack of homes for sale, that sent prices skyrocketing over the past two years. Continue reading

Remote work’s impact on real estate will linger — possibly forever

The CEO of IBM, which employs hundreds of thousands of people, recently described remote work as “the new normal.” And that translates to permanent changes to the housing market. Continue reading

The shifting market will slow prices down — but won’t stop them cold

The market is reaching a turning point in which price reductions are more common. But that doesn’t mean homes can’t still appreciate in value. Continue reading

Keller Williams parent company CEO Carl Liebert departs

Carl Liebert took the reins of Keller Williams parent company kwx in 2020. Following his departure, top executives will now report directly to company co-founder Gary Keller. Continue reading

Market shifts, rate hikes and why real estate stocks can’t get a break

As real estate enters what one observer called a “Wile E. Coyote” moment, real estate companies’ share prices continue to struggle amid market uncertainty. Continue reading

Bidding wars dip for first time in 2022 — but competition still fierce

Agents still face tough conditions despite homebuyer competition, according to a new report from Redfin. Competition is slightly less tough. Continue reading

After rapid expansion, Notarize hires new chief financial officer

Kartik Ramachandran, a former top executive at Groupon and Activision Blizzard, will help lead the remote notarization startup during a period of rapid growth. Continue reading