The Consumer Price Index increased 0.2 percent in July and rose 3.2 percent annually, according to data released Thursday by the Bureau of Labor Statistics that suggests inflation is still cooling. Continue reading
Fathom logged a net loss of $4.3 million during the second quarter, an improvement over the $5.7 million loss logged during the first quarter, according to its earnings report released Wednesday. Continue reading
At Inman Connect Las Vegas on Wednesday, Guy Gal outlined the three major reasons he sees boutique agencies as uniquely positioned for success in all kinds of markets. Continue reading
Matterport posted second-quarter revenues of $39.6 million — a 39 percent increase from the same period a year earlier that squeaked past analyst estimates of $39.2 million, according to a Tuesday earnings call. Continue reading
Ariana Gaffoglio of Official, Jason Mitchell of the Jason Mitchell Group and Compass agent Holly Meyer Lucas said collaboration and enhanced coaching are what agents desire in the new year. Continue reading
Zeroing in on skills development and action are the most effective ways to ensure your brokerage or team stays productive during a down market, Verl Workman said Tuesday at Inman Connect Las Vegas. Continue reading
EXp’s revenue fell 13 percent from the second quarter of 2022 to $1.2 billion, and its gross profit decreased 10 percent to $96.5 million, according to an earnings call Thursday afternoon. Continue reading
The partnership gives Tom Ferry’s network of real estate professionals access to the client satisfaction and retention platform, according to a statement. Continue reading
Joseph Magsaysay will join Compass’ leadership as the brokerage looks to enhance its luxury presence in Silicon Valley. Magsaysay said he’s developed a “people first” leadership strategy. Continue reading
The annual paycheck for a first-time homebuyer is roughly $64,500 to afford the typical U.S. “starter” home in 2023 — up 13 percent from a year ago, according to a report from Redfin. Continue reading