Fed decides the fate of the housing market: The Real Word

This week, Byron Lazine and Nicole White discussed how the Fed’s decision will impact the housing market, CoStar’s plans for Homes.com and the TikTok-famous Marketeer of the Week. Continue reading

Opendoor reaches first profitable quarter in Q1 with $28M net income

After eight years, the California-based iBuyer reached profitability while logging a a new revenue high of $5.2 billion, according to an earnings report Thursday. Continue reading

$13B Black Knight deal still needs approval from antitrust regulators

Intercontinental Exchange Inc. envisions building a “life of loan” mortgage platform that will produce cost saving efficiencies that benefit consumers. Continue reading

Redfin takes in nearly $600M in Q1 revenue as market share grows

Revenue, market share, web users and homes sold by RedfinNow all rose. But the company reported a $90.8 million net loss in a Q1 earnings call on Thursday. Continue reading

Zillow turns a profit in Q1 as housing market gets ‘choppy’

The company reported soaring revenues in the first quarter of 2022 but also continued its Zillow Offers wind-down, which the company said has entered its final days. Continue reading

Chris Reyes joins BHS as chief information and product officer

Reyes will work with Vincent D’Agostino, the firm’s chief engineering and technology officer, to oversee the company’s tech team, infrastructure, innovation and software development firm-wide. Continue reading

NAR chief economist: We may be in for a ‘most unique’ recession

Lawrence Yun predicted this year’s housing market will see declining sales, rising home prices and an American Dream increasingly out of reach Continue reading

Palm Springs ‘Poolside Gossip’ home sells for record $13.06M

The tranquil, modernist home that inspired the 1970s photograph by Slim Aarons has sold for a record $13.06 million in Palm Springs in an off-market deal. Continue reading

From Airbnb to Zillow: How real estate is dealing with Ukraine crisis

As U.S. businesses withdrew from Russia, Inman surveyed the nation’s top real estate companies. Read on to see how 23 of the industry’s most notable companies have responded to the conflict. Continue reading