MarketBuy’s open offer listing model officially makes US debut

MarketBuy’s Will Farmer leads its official expansion into the states as its North American head of growth. He will attend Inman Connect, eager to pitch what the company can do for the listings of the industry’s most engaged agents and leaders. Continue reading

What is the government’s role in housing? The Real Word

This week, Byron Lazine and Nicole White discuss NAR chief economist Lawrence Yun’s recent testimony to Congress and 2022’s biggest residential real estate transactions (so far). Continue reading

Luxury Presence scores 2 new C-suite executives

Jesse Pedersen will serve as the company’s chief technology officer, while Zac Hays is joining as chief product officer, according to an announcement released Thursday. Continue reading

Ribbon slashes one-third of workforce to adjust to ‘new reality’

After expanding into eight new states and more than doubling its market footprint this year, the Power Buyer is laying off 136 employees in search of an “achievable path to profitability.” Continue reading

Real estate investors scooped up record number of homes this spring

Investor purchases made up 9.5 percent of home purchases nationally in April, modestly below a February 2022 peak of 9.7 percent and an increase of 64 percent from 2019 levels, according to data from Realtor.com. Continue reading

NAR chief economist: Don’t expect big changes in mortgage rates

Speaking at NAR’s Real Estate Forecast Summit on Wednesday, Chief Economist Lawrence Yun said “inventory is turning” and the housing market is heading back toward a pre-COVID normal. Continue reading

Compass brings on Stacy Jones as head of Luxury Division’s top agents

Jones comes to Compass following several years as co-owner and chief people officer at Realogics Sotheby’s International Realty, a top Sotheby’s franchise located in Seattle. Continue reading

Compass brings on Stacy Jones as head of Luxury Division’s top agents

Jones comes to Compass following several years as co-owner and chief people officer at Realogics Sotheby’s International Realty, a top Sotheby’s franchise located in Seattle. Continue reading