For the first time, Opendoor is selling homes at a loss: DelPrete

After outpacing the competition, market conditions have finally caught up with the iBuyer, forcing it to prove that its model still works — even in a downturn. Continue reading

CoStar to be included in S&P 500, issues $750M public stock offering

As it seeks to gain footing in the residential space, the online real estate behemoth says it plans to raise funds to keep growing as it joins an elite list of some of the nation’s biggest companies. Continue reading

Zillow accused of ‘wiretapping’ homebuyers’ visits to its website

The suit, one of several filed this month against the real estate search portal on similar grounds, argues that Zillow is breaking the law by recording the way consumers interact with its websites. Continue reading

Real estate companies dip as stock market tallies worst day in 2 years

Real estate stocks fell on Wall Street, too — though even before the carnage they were already hovering near all-time lows. Continue reading

After 2 years of hikes, rental market may be bound for ‘complete reversal’

Yet another sign of a widespread housing slowdown emerged as monthly rent price acceleration declined after 20 consecutive months of rapid increases, new data suggests. Continue reading

Marketing startup Collabra hires former Zillow, eXp Realty execs

Eric Bloomquist, Tara Clark and Cynthia Nowak all join the growing marketing company shortly after it launched a new platform for agents. The trio brings a ‘combined 60 years’ of experience. Continue reading

These are the 15 best real estate companies to work for in 2022

Last week, “Fortune” and Great Place to Work released a list of the 35 Best Workplaces in Real Estate in 2022. Zillow, Opendoor and Pacaso were all near the top of the list. Continue reading

Zillow to REX: Let’s unite against NAR’s ‘no-commingling rule’

A legal battle of wills rages on as the three parties have motions to compel pending before the court. On Tuesday, REX pushed back against Zillow’s motion to compel, calling it a “fishing expedition.” Continue reading

The rent is so damn high, it’s keeping tenants up at night: Survey

40 percent of renters report losing sleep when trying to find a place to rent after a break-neck spike in rent prices. Three-quarters said they made concessions to afford rent. Continue reading