Spencer Rascoff: iBuyers not to blame for supply shortage

The former Zillow CEO touched on iBuying, real estate companies going public and “global asset inflation” during a discussion at Connect Now. Continue reading

Bernie Madoff, ponzi schemer and real estate collector, has died

Madoff stole billions from investors. and used some of the money to buy penthouses and mansions on multiple continents. Here’s a look at his one-time real estate portfolio. Continue reading

Compass stock closes at $19.75 per share on first day on the market

The brokerage saw its stop pop as high as $22 before closing at $19.75, a 9.7 percent jump from the public offering price. Continue reading

Compass cuts IPO price range to $18-$19 per share from $23-$26

In advance of tomorrow’s long-awaited IPO, the brokerage also slashed the number of shares it expects to sell to 25 million from its initial goal of up to 36 million. Continue reading

Read all of Inman’s coronavirus coverage here

Inman has published more than 300 stories on the coronavirus. Here’s our comprehensive list of coverage. Continue reading

Coronavirus could bring consolidation, layoffs to proptech

Venture capitalists have poured billions into real estate technology. But as the coronavirus hammers the economy, that funding may begin to dry up. Continue reading

RE/MAX Q4 earnings come within a hair of analysts’ expectations

The massive franchisor brought in $68.2 million in revenue during the fourth quarter of 2019 — and other key takeaways from RE/MAX’s latest earnings report. Continue reading

Zillow’s iBuyer sends revenue soaring in Q4, beats expectations

The company’s revenue jumped 158 percent year-over-year during the final months of 2019 — far more than analysts had expected. Continue reading