The stories and trends that defined a whirlwind first half of 2023

Intel takes a look back at the market trends, brokerage strategies, Wall Street happenings and legal controversies that shook the past six months and could well define the remainder of 2023. Continue reading

Will chatbots make housing discrimination worse?

New artificial intelligence technology can recommend real estate listings based on neighborhoods’ ethnic makeup. Experts are worried about the tech’s potential for discrimination. Continue reading

KW, Coldwell Banker and others sued over alleged discrimination

The new lawsuit claims that a host of big-name real estate companies, as well as various landlords, refused to accept Section 8 vouchers for lower-income renters. Continue reading

Barbara Corcoran fears ‘bloodbath’ as bigwigs warn of real estate crash

In the past week, a growing chorus of public figures — from Elon Musk and Ross Perot Jr. to Barbara Corcoran and Dave Burt — have escalated their rhetoric around a looming “real estate recession.” Continue reading

Redfin CEO, others deflate Elon Musk’s housing ‘meltdown’ theory

The Tesla CEO just predicted a coming collapse in the housing market, but Redfin CEO Glenn Kelman and other experts say the conditions that would lead to a meltdown just aren’t there. Continue reading

The portal wars: Can any challenger seize the throne from Zillow?

Zillow has the most traffic, according to an analysis by Intel, but at least one rival is growing rapidly in what one observer compared to a Game of Thrones-style gauntlet run. Continue reading

Redfin narrows losses as revenue falls 45% in first 3 months of 2023

Redfin’s Q1 revenue declined 45 percent year over year to $325.7 million, as gross profits from its real estate services took a tumble amid a harsh housing market, according to an earnings call Thursday. Continue reading

As iBuyers struggle, agents rethink relationships with cash-offer kings

IBuyers like Opendoor and Offerpad once appeared poised to be an essential player in the nation’s biggest housing markets. Now, real estate agents say their role has diminished dramatically. Continue reading

Redfin issues sustainability report in wake of ‘digital redlining’ lawsuit

In its inaugural sustainability report on Wednesday, Redfin shared its efforts to improve housing access, equity and sustainability alongside corporate diversity and inclusion. Continue reading