2nd CoStar investor urges giving up on Homes.com amid losses

New York City-based hedge fund D. E. Shaw & Co. on Wednesday criticized the board’s “reckless” spending on the portal while continuing to push back its timeline for profitability. It also called into question CEO Andy Florance’s generous cash and … Continue reading

Ryan Schneider leaves Anywhere following acquisition by Compass

The former CEO quietly left the company as of the close of its merger with Compass, a rep confirmed to Inman. Former Anywhere CTO Rudy Wolfs also left in the wake of the transaction. Continue reading

New strategic partnerships yield 2 new AI platforms

AI platform Purlin and offer negotiation marketplace Final Offer have merged to create an all-encompassing, end-to-end AI platform, while celebrity agent James Harris has teamed up with Afterpay co-founders to launch the residential real estate AI oper… Continue reading

LPT Aperture Holdings acquires Humaniz and Reside

With the acquisition, all companies will remain independent when it comes to operations, and will retain their current leadership. Humaniz and Reside will also continue to be available to teams at any brokerage in the industry. Continue reading

Bess Freedman cautions ‘vigilance’ with private listing networks

In advance of her ICNY appearance, Inman caught up with Freedman to get her take on recent headlines, hot button topics and to find out what she’s looking forward to at the event. Continue reading

President Trump argues for keeping home prices high, borrowing costs low

The president argued that lowering home prices would cut into Americans’ wealth gains, and stressed that lowering interest rates would help homebuyers struggling with affordability. Continue reading

As Alexander brothers stand trial, new Epstein documents detail more alleged rapes

The Justice Department released a massive trove of Epstein-related documents Friday, one of which describes multiple alleged rapes at an Epstein party. Continue reading

Trump nominates Kevin M. Warsh as next Fed chair

The president made the announcement on Truth Social on Friday. Warsh will need to be confirmed by the Senate before taking up the central bank post. Continue reading

Ryan Serhant on Compass-Anywhere: ‘I think their stock is going to double’

In an Inman exclusive, the luxury CEO talked about the Compass-Anywhere merger, mortgage rates, and real estate consolidation. Serhant will be at Inman Connect next week. Continue reading

Douglas Elliman CEO on Compass-Anywhere: ‘From the outside, it looks like a mess’

In an exclusive interview with Inman, the CEO discussed Douglas Elliman’s recent initiatives and criticized the Compass-Anywhere merger as bad for agents and the real estate industry. Continue reading