What’s a ‘reset’ anyway? A veteran’s take on the Fed chair’s comments

Interest rates and out-of-whack supply and demand have Federal Reserve Chair Jerome Powell calling for a market “reset.” Jay Thompson offers his take on what that means for the real estate industry. Continue reading

Opendoor’s buy-to-list premium drops dramatically: Mike DelPrete

After reaching record levels earlier this year, Opendoor’s buy-to-list premium has fallen dramatically — a reflection of a rapidly changing market. Here’s why Mike DelPrete says it’s a critical data point to watch. Continue reading

Notarize lays off 110 employees, cites Sequoia’s warning to startups

Having “created a category” — remote online notarization — CEO Pat Kinsel says the company must evolve to survive a potential downturn. Continue reading

Rent spiked again in April, expected to keep climbing through the year

The pace of rent price growth was more than double what it was a year ago, reaching 14 percent for a single-family home in April. Continue reading

As layoffs spread, here are some resources to help

Inman has created a Talent Pass that gives newly jobless real estate pros free access to the upcoming Inman Connect Las Vegas. Continue reading

Rental market not immune to cuts as Zumper lays off 15% of staff

A cooling real estate market has already led to cuts at companies far and wide. The San Francisco-based rental search portal is the latest. Continue reading

EXp hires new execs including former Remine CEO, cofounder

The virtual brokerage is bringing on Shoeb Ansari to serve as chief information officer, as well as former Remine CEO Leo Pareja to oversee affiliated services. Continue reading