Coldwell Banker COO: ‘Traditional hard work’ is making a comeback

Coldwell Banker Chief Operating Officer Liz Gehringer told Inman a diversity push is helping grow the company even in a slower market. She also touted the return of international buyers as the pandemic winds down. Continue reading

58 cities that had million-dollar homes in 2022 don’t anymore: Study

The number of U.S. cities where the typical home value was $1 million or more has dropped from a high of 522 in July 2022 to 464 as of January 2023. Continue reading

Costly housing spurred California’s 500,000-person pandemic exit

The state’s population exodus was second only to New York, which lost 15,000 more people. The sky-high cost of housing was the residents’ primary reason for departure. Continue reading

Gary Keller on ChatGPT, iBuyers and companies that ‘rent’ their tech

Keller headlined his company’s Family Reunion conference Sunday, saying that he doesn’t think flashy new artificial intelligence tools are on the verge of upending the real estate industry. Continue reading

Sotheby’s snags leading South-Central Texas team to form affiliate

The team formerly known as the Southern District Properties Group at Compass will now become Sotheby’s newest affiliate in Texas, Southern District Sotheby’s International Realty. Continue reading

OJO nets $200M via sale of Canadian operations, new debt raise

The company is selling its Canadian operations to Royal Bank of Canada, while also raising new funds from Vista Credit Partners. Continue reading

Homes for sale were pulled from the market at record pace in November

In the biggest decline in active listings since at least 2015, an average of 2 percent of all U.S. homes for sale were delisted during a 12-week period ending Nov. 20, according to data released Friday by Redfin. Continue reading

Here’s what you need to know about Opendoor Exclusives

The iBuyer has launched a new marketplace to connect homebuyers and sellers. The move comes as the housing market continues to slow and as iBuyers face gathering headwinds. Continue reading

The other real estate company named Rex just laid off 4% of its staff

The Texas-based firm does property management and provides a variety of tech platforms. The layoffs come amid widespread job losses in the real estate sector. Continue reading