Following months of uncertainty over Purplebricks’ future in the United States, the flat-free brokerage is exiting the U.S. market, less than two years after launching in Los Angeles in September 2017. Continue reading
In real estate, optimizing the commission split and generating revenue by selling mortgages is what brokerages have been doing for years. But investors didn’t pump over $1 billion of venture capital in Compass to build a basic brokerage. So, what is Co… Continue reading
Nationwide, home prices grew by 3.6 percent in May year-over-year and 0.9 percent from April, according to the latest data from CoreLogic. Continue reading
Who are the winners and losers in the homeownership market after the 2017 tax reform? A trio of studies find that the answer is: “It depends.” Continue reading
Median home prices are out of range for average wage earners in 353 of 480 U.S. counties, according to a new analysis by Attom Data Solutions. Continue reading
The Counselors of Real Estate, an invitation-only professional organization of 1,100 real estate advisers and other professionals around the world, has revealed its annual list of the 10 top issues facing real estate. Continue reading
U.S. home prices rose 0.4 percent from March to April, according to the Federal Housing Finance Agency’s monthly House Price Index. Continue reading
As a generation, millennials defy stereotypes when it comes to where they’ve chosen to settle down. They live both in cities and the suburbs — defying urbanists’ predictions. Continue reading
My gut tells me that Compass might file an IPO sooner than later — this year, even. In doing so, they’d seek to join the gaggle of private tech companies rushing to go public before the bubble (if that’s what this is) bursts. Continue reading
Parents who shop for a home are more likely to go over budget, put down a smaller down payment and end up with a longer commute than those who don’t have kids, according to a new Zillow study. Continue reading