Robert Reffkin: Sub-4% mortgages are ‘handcuffs’ for home inventory

In a Bloomberg Markets TV appearance, the top boss at Compass said homeowners are treating a 3 percent mortgage rate “as a financial asset” — at least for now. Continue reading

Zillow, Anywhere and Compass vanish from annual Fortune 500 list

The real estate giants’ omission from Fortune’s annual list of the biggest companies illustrates just how far industry players have fallen as a result of a housing contraction that began in 2022. Continue reading

Coldwell Banker reorganizes 7 regions amid leadership reshuffle

In her first big move since becoming CEO, Kamini Lane revealed an organizational shakeup aimed at streamlining and supercharging Coldwell Banker’s recruiting, retention and growth strategy. Continue reading

Robert Reffkin’s mom, Ruth, has joined Compass’ Garson Team

The senior Reffkin’s move to the social media-forward team will create a cross-generational collaboration that capitalizes on combining varied skill sets to best help clients, Inman exclusively learned. Continue reading

After a year of hunting, JLo and Ben Affleck close on $61M mansion

They may have fame and money, but celebrities have to go through the painful process of house hunting just like the rest of us, Bennifer’s homebuying journey shows. Continue reading

Here’s the story: Iconic ‘Brady Bunch’ home hits market for $5.5M

The home in Studio City was renovated by HGTV in 2019 and has since been used in a number of the network’s specials and series. Now one lucky buyer will be able to keep a piece of television history. Continue reading

Majority of buyers lean on agents, not banks, for financing info: Poll

A new survey conducted by Zillow suggests there are opportunities for real estate agents and companies that provide information and make lending more user friendly. Continue reading

5 key charts that illuminate real estate’s Q1 earnings season

Most publicly traded real estate companies continued to bleed money in the first chunk of 2023. These metrics help explain why investors aren’t panicking. Continue reading

Compass CEO Robert Reffkin: FOMO is fueling ‘pent-up’ demand

Reffkin said Tuesday, during a Needham Technology & Media Conference session, that housing is in a “sideways” market — but after last year, homebuyers are now afraid prices will go even higher. Continue reading