As supply dwindled, nation’s biggest brokerages gained market share

The biggest real estate brokerages and franchise networks made big gains in market share in 2021, a new report reveals. Continue reading

Ember adds Newport Beach home to luxury co-ownership platform

Ember, a Salt Lake City-based technology-driven co-ownership company, is now selling shares of a home in the Southern California luxury market of Newport Beach. Continue reading

Opendoor disciplined in North Carolina for disclosure lapses

Regulators say the iBuyer misrepresented a home and didn’t get the proper permits for another. Its license was suspended for 18 months, but the North Carolina Real Estate Commission has stayed the suspension, allowing Opendoor to continue operating. Continue reading

ShowingTime takes page from Open Table with live showing scheduler

Debuting in Dallas, Houston, Denver and Atlanta, the consumer-facing software update will speed up home showings in light of the reduced number of days listings remain on the market. Continue reading

@properties expands franchise operations to Washington, D.C.

RLAH Real Estate will become the latest in a growing number of @properties franchises. The company will also be the first @properties franchise on the East Coast. Continue reading

Opendoor brings iBuying services to New Jersey, New York state

The move will see Opendoor make cash offers in 17 counties in the two Northeastern states. New York City is not included in the expansion. It also brings Opendoor’s market count to 46. Continue reading

Real estate hiring beats national job gains again in March

Brokerages and other real estate companies added 6,300 new jobs in March, a rate of payroll growth that exceeded that of the United States at large. Continue reading

Home prices may be ‘unhinged’ from fundamentals, Fed analysts say

For months, the rise in home prices was in line with underlying indicators. Now, it may have gone too far, a Dallas Fed report suggests. Continue reading

Revive releases app to help sellers, agents manage pre-sale renovations

The app, called Revive Home, allows all parties involved in the renovations to communicate via direct chat, insert renovation updates and store critical documents on both major mobile operating systems. Continue reading

House flipping is resurgent. But is it still profitable?

Investors flipped more homes in 2021, balancing a welcome fast-moving market with an unwanted decline in gross profits. Continue reading