Mauricio Umansky expects ‘speedy recovery’ after Aspen ski accident

The CEO suffered a broken clavicle, which required 12 screws and a metal plate to repair, following a spill in Aspen Friday. Umansky thanked his supporters and medical staff on Instagram Sunday. Continue reading

Zillow CEO lauds remote work as portal reveals plan to slash space

Zillow CEO Jeremy Wacksman said the company expects its leasing costs to drop by about $16 million over the next four years and anticipates earning $26 million in sublease income during the same period. Continue reading

Homebuyers gain leverage as sellers cut prices: Zillow

Prospective homebuyers have a better shot at securing a dream home as sellers continue to lower listing prices, according to a recent analysis by Zillow. Despite persistently high mortgage rates, buyers are capitalizing on these price reductions to neg… Continue reading

Orchard blooms in 2 new markets — Nashville and Phoenix

Orchard customers can choose to “move first” using a buy-before-sell structure or seek a fast cash-offer sales scenario, as well as select a traditional sales process. Continue reading

6-year Restb.ai study: white kitchens, islands dominate

In its latest study of homes for sale analyzing six years of kitchen pictures, AI company Restb.ai learned that white kitchens with islands are the market’s most sought-after, among other regional findings. Continue reading

Lower building in-house mortgage tech with Neat Labs acquisition

Lower will integrate Neat Labs’ technology into its own cloud-based originations platform and onboard co-founder Steve Herschleb as chief technology officer, executives announced Tuesday. Continue reading

REColorado owners oust board amid plans to sell MLS

Owners of the 16th largest MLS in the country plan to sell to a newly formed private company called MAZL that is run by a person identified only as J. Burks. Continue reading

Buyers need an income that starts with a 3 to live in this pricey city

Homebuyers need to earn an income of more than $150,000 to afford homes in 14 out of the 50 biggest metro areas as of April, according to Realtor.com. But in San Jose, buyers must earn at least $361,000. Continue reading

Dave Umphress’ Flourish Real Estate Network leaves KW for Real

The $1 billion in career sales network, which Umphress first launched in 2012, operates in most major Colorado markets and Austin, but has goals of ultimately expanding nationwide. When Umphress first created the group, it was part of a Colorado Keller… Continue reading