One company prepares for a seismic shift to an entirely blockchain-based financial system for home transactions. Teresa Grobecker and Sheila Fejeran made their case at Inman Connect. Continue reading
Proptech stocks have lost a quarter of their value over the last year. Investors at Inman Connect Las Vegas Chris Gough, Krishna Srinivasan and Paul Hurst, say there is still a lot to like. Continue reading
Net loss decreased 31 percent year over year as office occupancy returned to pre-pandemic levels, according to a Q2 earnings report released Thursday by WeWork. Continue reading
Despite new COVID variants posing an ever-present threat and an uncertain global economy, traveler deposits for Vrbo bookings hit $2.8 billion as of June 30, up from $1.7 billion at the end of 2021. Continue reading
The real estate franchise giant posted higher revenues and expanded profits even as the company downgraded expectations amid a slowing market, according to an earnings report Thursday. Continue reading
Market headwinds pushed Zillow Q2 revenues down 23 percent to $1 billion. Despite the declines, Zillow is pushing forward with major initiatives including a new partnership with former rival Opendoor. Continue reading
The brokerage’s revenue grew 52 percent annually during the second quarter, reaching $128.2 million, up from $84.2 million, according to an earnings report released Thursday. Continue reading
Redfin reported $606.9 million in second-quarter revenue, a 29 percent increase compared to the second quarter of 2021, in an earnings report released Thursday afternoon following the close of markets. Continue reading
There are ways that brokerages can cut costs during a market slowdown without risking its agent morale, according to brokers at Inman Connect Las Vegas on Thursday. Continue reading
Deep down, even the most cutting-edge consumers tend to have a soft spot for things they already know and love, Derek Thompson argues. Continue reading