How mergers, money and machines are reshaping real estate

The real estate industry is a space ripe for change and disruption — from the way homes are bought and sold, to how people are paying and who’s doing that buying and selling. With change happening at such a torrid pace, it’s often hard to keep up, so w… Continue reading

The government is cracking down on reverse mortgages

Homeowners looking for a reverse mortgage may have to undergo a second appraisal in certain circumstances, thanks to new guidance from the Federal Housing Administration (FHA). Continue reading

Keller Williams gets into iBuying

Keller Williams has been quietly testing an iBuyer program for more than a year in an undisclosed market. Darryl Frost, a spokesperson for Keller Williams told Inman the company has closed nearly 100 transactions, but it’s not ready to go to market and… Continue reading

Compass raises another $400M

The funding round includes additional participation from Wellington, IVP and Fidelity. To date, Compass has raised $1.2 billion in venture capital funding. Continue reading

Redfin unveils new estimate tool for off-market homes

Redfin is giving homeowners a chance to estimate their property’s value before it hits the market — while potentially buttressing its own iBuyer platform. Continue reading

Purplebricks launches in the Sunshine State with 2 locations

Purplebricks is bringing its flat-fee model to the Sunshine State. The U.K.-founded real estate brokerage — which charges sellers a $3,600 fee per listing — officially launched Tuesday in Orlando and Tampa, as the company celebrates one year of operati… Continue reading

MoxiWorks blasts Compass for agent productivity claims

MoxiWorks, an open real estate tech platform funded by two of the top three regional brands in the country, took a jab at Compass, claiming its agents report a 16 percent decline in productivity when they move to the national brokerage.  Continue reading

Keller Williams agent killed by husband in murder suicide

A Florida real estate agent with a local Keller Williams franchise was shot and killed by her husband, a Hillsborough County Sheriff’s deputy, who then shot himself in their Land O’ Lakes home on September 24. Continue reading

Home price appreciation is slowing around the country

Home price appreciation is growing at its slowest rate since August 2014, according to Redfin’s latest market report. U.S. home prices grew 4.7 percent in August, year-over-year and home sales fell 2.4 percent over the same time frame. Continue reading

The Agency CEO involved in lawsuit over African leader’s forfeited Malibu mansion

The founder The Agency and Western World Insurance are embroiled in a lawsuit involving the son of an African president and a seaside mansion in Malibu. Continue reading