Offerpad sees surging growth in Q3 across revenue, profits, homes sold

The company’s CEO Brian Bair was able to offer shareholders reassurance in the wake of Zillow’s iBuying flop by providing hard data to show that Offerpad’s business model is working. Continue reading

Engel & Völkers opens up shop in Raleigh, North Carolina

The brokerage’s license partner of Engel & Völkers Charlotte, Yuriy Vaynshteyn, will help lead the new office, alongside Nikita Zhitov and Vincenzo Verdino, founders of CityPlat Commercial Real Estate, a Raleigh-area firm. Continue reading

Jason Oppenheim reveals ‘Selling Sunset’ spinoff, buys $7M mansion

The Los Angeles broker recently purchased a roughly 13,000-square-foot mansion in Newport Beach, an area in which he’ll be spending a lot more time thanks to a new spinoff of his popular Netflix series. Continue reading

US sees 8th record-breaking month of high-speed sales

Amid the continued shattering of annual sales pace records, inventory also took a slight hit during October, a report from realtor.com released on Wednesday showed. Continue reading

Home prices see double-digit price surge across almost 80% of metros in Q3: NAR

The median sales price of single-family existing homes increased in 99 percent of the 183 markets measured by the National Association of Realtors, while 78 percent of markets saw double-digit price gains. Continue reading

What to expect as Compass, Opendoor, Offerpad and Keller Williams release earnings today

How will Opendoor and Offerpad respond to Zillow bowing out of iBuying? How is Compass faring as a fledgling public company? And is Keller Williams nearing an IPO? Continue reading

Coldwell Banker Bain acquired by Houston title insurance company

Coldwell Banker Bain chair Bill Riss has sold his majority interest in the company to U.S. RES Holdco, an affiliate of Houston title insurance company Stewart Information Services. Continue reading

Douglas Elliman to go public in spinoff from Vector Group

If approved by the FTC and Vector Group’s board, Douglas Elliman’s shares would trade under the ticker “DOUG” on the New York Stock Exchange. Continue reading

Roofstock’s new tool lets investors purchase shares in rental homes

Now through December, investors will have access to a limited time offer of investing in Roofstock One shares for $1,000. After that, the minimum investment will start at $5,000. Continue reading