Annual inflation drops to 7.1% even as housing woes persist

Housing remained a strain on family budgets last month, but declining prices of gas, used cars and medical insurance helped soften the blow. Continue reading

Squabble in paradise: What’ll happen to $256M in FTX real estate?

The US and Bahamian governments are jockeying to oversee the bankruptcy of crypto exchange FTX — and its trove of real estate holdings — following the arrest Monday of Sam Bankman-Fried in the Bahamas. Continue reading

Proptechs, polish your pitch decks: Fifth Wall closes record $866M fund

Venture capital firm Fifth Wall Ventures’ fund, the largest ever to focus on real estate technology, will back early- and late-stage proptech companies, including some home renovation innovators. Continue reading

Flat-fee brokerage Houwzer acquires rival Trelora

The acquisition will expand the company’s footprint to 14 states. The deal also comes amid a challenging time for the real estate technology sector. Continue reading

Prevu expands tech, homebuyer rebate model to Texas and Colorado

Prevu’s expansion into Austin and Denver brings the number of states in which its agents work to eight, including New York, Connecticut, California, Pennsylvania, Massachusetts and Washington. Continue reading

Pacaso, Realm link up to promote luxury co-ownership

Pacaso on Monday announced a joint effort to integrate luxury co-ownership opportunities with Realm’s global network of top-producing real estate agents, the company told Inman exclusively. Continue reading

RentSpree, C.A.R. to offer rental management courses for agents

RentSpree and the California Association of Realtors — the state’s largest real estate trade group — are set to offer three classes to agents interested in earning a certificate in rental management. Continue reading

Zillow acquires VRX Media in big bid to bolster ShowingTime+

Zillow said VRX’s aerial drone photography, virtual staging, 3D tours and high-definition photography will enhance ShowingTime+, its home showing scheduling platform. Continue reading

HomeZada wins Wells Fargo Innovation Challenge

Long-term home management app HomeZada, initially reviewed by Inman in 2015, beat out six other finalists in the Wells Fargo Innovation Challenge, according to a company announcement. Continue reading

Keyes Company, Revive partner to boost listing business

Florida-based The Keyes Company has partnered with Revive to help its thousands of agents boost listing business and earn more for their sellers through ROI on presale renovations. Continue reading