Tag Archives: Industry News

UWM shares recover after secondary offering postponed

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UWM said the secondary offering was intended to benefit shareholders, by making the company “a more liquid, tradable stock for larger indexes and institutional investors.” Continue reading →

Inman Top 5: The biggest stories of the week Nov. 12-19, 2021

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Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories of the week, according to Inman website visitors. Continue reading →

Fast-growing Houston indie Abby Realty is the latest to join eXp

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Houston’s Abby Realty, a brokerage with over 472 agents and one of Texas’ fastest growing independents, is making the move to eXp Realty, another sign that the brokerage’s remote business model continues to resonate with industry leaders. Continue reading →

Realogy, Sotheby’s partner to purchase Concierge Auctions

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The real estate conglomerate and auction house have joined forces to acquire luxury home marketplace Concierge Auctions for an undisclosed amount. Continue reading →

Mortgage tech startup SimpleNexus to be acquired by nCino for $1.2B

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Deal provides cloud banking solutions provider, nCino, with an entry point to $4 billion U.S. point-of-sale mortgage market. Continue reading →

The Agency launches its 25th franchise in Denver

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The franchise will be the brokerage’s second in Colorado, and will be led by Kacey Bingham and Jared Blank, formerly of LIV Sotheby’s International Realty. Continue reading →

Los Angeles wants to ban iBuying

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Amid an ongoing housing shortage and rapid price appreciation, Los Angeles city lawmakers are now searching for ways to thwart iBuyers in their city. Continue reading →

ShowingTime rolls out new safety, video tools

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ShowingTime, a widely used home showing management platform that Zillow purchased earlier this year, announced Friday that it is rolling out several new features related to things such as agent safety and video tours. Continue reading →

Multiple law firms investigating Zillow for potential securities fraud

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The investigations — which are relatively common after a company discloses very bad news — are a response to Zillow’s announcement that it will end its iBuying business. Continue reading →