Homesnap will pay monthly mortgage of 10 federal workers

Home listings portal Homesnap is offering to pay the mortgage or rent of 10 workers affected by the now 31-day long partial shutdown of the federal government. Continue reading

Existing-home sales decline in December after 2 months of gains

Existing-home sales declined 6.4 percent in December to a seasonally adjusted rate of 4.99 million, following two straight months of consecutive gains. Continue reading

Purplebricks pivots to more traditional model in US

Flat-fee brokerage Purplebricks is changing its business model significantly in the United States to offer varying listing fees to homesellers by region, which it will now only charge if and when a home is successfully sold. It’s a pivot that brings Pu… Continue reading

KW nails a whale: No. 1 Berkshire Hathaway agent jumps ship

Philadelphia’s top agent is jumping from Berkshire Hathaway HomeServices Fox & Roach to Keller Williams following a personal phone call from Gary Keller. Continue reading

The shutdown is tripping up real estate deals across the country

With no end in sight to the shutdown — which began in December and hinges on political leaders disagreement over funding for a border wall — Realtors say the dire affects are seeping into more and more corners of the industry. Continue reading

Howard Hanna lets buyers shop with pre-locked mortgage rate

The program stands in stark contrast to the way most loans work, which typically require a borrower to have a contract already in place before they can lock an interest rate. Continue reading

KW iBuyer ‘probably’ coming in Q2, Gary Keller confirms

Keller Williams will “probably” launch its own iBuyer program in the second quarter of 2019, Gary Keller confirmed during a multi-hour presentation of the company’s 2019 technology plans on Friday, January 11. In audio obtained by Inman, Keller said th… Continue reading

The Inman Weekender: Gary Keller bashes eXp, RE/MAX doubles down on video, calls for a ban on dual agency and more

The week’s top real estate industry stories, plus speaker previews of Inman Connect New York. Continue reading

Borrowers are turning to digital lenders — and abandoning banks

Americans are increasingly forgoing traditional banks when taking out home loans, pushing mortgage revenue down for big name lenders but offering a boon to unconventional, tech-enabled companies. Continue reading