WeWork finally goes public, stock jumps on 1st day of trading

At long last, WeWork made its stock market debut Thursday, two years after it tried and failed to first hold an initial public offering. Continue reading

Home sales on track for one of the strongest years in real estate history

A strong fall and winter season should mean 2021 will wrap up with nearly 7 million in sales, making it one of the strongest years in history, according to a new MoxiWorks analysis. Continue reading

Outlook improves for home sales through end of 2021, beyond: Zillow

Strong numbers of pending home sales and applications for purchase loans have pushed up sales forecasts through the end of the year. Continue reading

Full-frontal agent ‘stripped’ of job after baring all in listing photos

In addition to Instagram, nude-but-blurred photos of David Ferrugio initially appeared on TheMLS.com before being yanked off the website by administrators. Continue reading

Missed signs? Zillow’s pause on buying underscores scaling challenges: Mike DelPrete

The current problem seems to be unique to Zillow. Other iBuyers saw the signals and made adjustments while Zillow kept on buying; either it missed the signs or proceeded anyway. Regardless, it’s a timely reminder that growing an iBuyer business is chal… Continue reading

Agent bares all in full-frontal NSFW listing photos

“I wish I could say that I had an epiphany like a parting of the Red Sea moment but I just thought it’d be funny,” agent David Ferrugio told Inman. Continue reading

As Zillow pumps brakes on buying, other stunned iBuyers forge ahead

Zillow says it’s facing supply and labor constraints. But other iBuyers, who expressed surprise over Zillow’s abrupt pause, say they aren’t suffering from the same issues. Continue reading

Zillow hits brakes on buying new homes for remainder of 2021

Zillow said labor and supply issues in the market have created an “operational backlog for renovations and closings.” The pause will enable the company to catch up on its existing contracts. Continue reading

The 20 biggest luxury real estate sales of 2021 (so far)

Palm Beach, Florida, luxury real estate had a banner year, nabbing half of the most expensive sales of the year, but a New York City deal claimed the top spot. Continue reading

‘It’s about time’: Agents cheer as Zillow braces for portal war in NYC

Agents across New York City were enthusiastic Thursday after CoStar-owned Homesnap and the Real Estate Board of New York announced plans to launch a search portal in 2022. Continue reading