The US economy’s run stalls, but real estate forges ahead

The nation’s gross domestic product shrank in the first three months of 2022, overshadowing a strong period for residential investment. Continue reading

Quetzal Grimm leaves Compass to expand The Agency in Silicon Valley

Grimm, who most recently served as a sales manager at Compass, will lead The Agency’s expansion throughout Silicon Valley with offices located in Los Altos, Palo Alto and Woodside. Continue reading

United Real Estate Group merger pushes agent count to nearly 20K

The Dallas-based company’s merger with Platinum Realty will add Platinum’s more than 2,100 agents to the more than 16,000 already working at United, though Platinum will retain its own brand and compensation structure. Continue reading

Payload Keybox secures seed funding in pursuit of $1B in transactions

Payload’s functionality focuses on quickly and safely sending earnest money, broker invoices and any other form of transaction within the context of conducting real estate business. Continue reading

Berkshire Hathaway HomeServices NYC gets 2 new execs

Steven James, who will serve as CEO, and Brad Loe, who has been tapped as executive vice president, director of sales, will focus on New York City. Continue reading

Home prices soared 20% annually in February. Analysts say we’ve peaked

Home prices in February grew at the third-fastest annual pace in 35 years. Since then, experts have observed early signs of a cooling market. Continue reading

Redfin property search to shine under Constellation1 partnership

The data behind home searches, market alerts and other listing services throughout Redfin will now be provided by Constellation1 Real Estate Data APIs. Continue reading

Seed funding of $2.6M poured into rent-to-own app Gravy

Gravy has issued over $4 million worth of rewards and its members have set more than $100 million in goals for their first home purchases. Continue reading

Tech startup Tribus hires former brokerage exec to serve as coach

Johnny Pfeiffer formerly led Colorado brokerage Slifer, Smith and Frampton. In his new role, he’ll advise industry leaders on employee retention issues. Continue reading