Industry News – Page 46 – Need Benjamins

Guild’s McGarry will hand CEO reins to Terry Schmidt, her 1st hire

By Matt Carter | March 20, 2023 - 10:30 pm |March 20, 2023 Uncategorized

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Terry Schmidt was Mary Ann McGarry’s first hire at Guild in 1985, and the two led a 2007 management buyout of the company from founder Martin Gleich. Continue reading →

SVB, CB, DOJ: Inman’s Top 5 stories of the week March 10-16, 2023

By Dani Vanderboegh | March 17, 2023 - 5:00 pm |March 17, 2023 Uncategorized

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Catch up on the most-read stories of the week, as determined by Inman readers. Here’s Inman Top 5 for March 10-16, 2023. Continue reading →

Guild Mortgage announces 3rd acquisition in as many months

By Matt Carter | March 14, 2023 - 9:40 pm |March 14, 2023 Uncategorized

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The acquisition of Colorado-based Cherry Creek Mortgage expands Guild’s retail branch network by 68 offices in 45 states. Continue reading →

With fewer million-dollar homes, is luxury OK? The Real Word

By Byron Lazine | March 13, 2023 - 3:36 pm |March 13, 2023 Uncategorized

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This week, hosts Byron Lazine and Nicole White are talking about the luxury market, seller’s biggest regrets and the importance of technology for agents this year. Continue reading →

Antitrust regulators move to block ICE’s $11.7B Black Knight acquisition

By Matt Carter | March 10, 2023 - 11:10 pm |March 10, 2023 Uncategorized

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The Federal Trade Commission alleges the deal would put an end to intense competition between the companies and drive up costs for lenders and homebuyers. Continue reading →

Silicon Valley Bank, proptech hub for real estate clients, collapses

By Taylor Anderson | March 10, 2023 - 7:19 pm |March 10, 2023 Uncategorized

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In the most dramatic banking implosion since the Great Recession, regulators on Friday shut down the bank, which boasted ties to proptechs, including Airbnb, Opendoor and OJO. Continue reading →

Inman’s Top 5 stories of the week March 3-9, 2023

By Dani Vanderboegh | March 10, 2023 - 6:15 pm |March 10, 2023 Uncategorized

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Catch up on the most-read stories of the week, as determined by Inman readers. Here’s Inman Top 5 for March 3-9, 2023. Continue reading →

Monthly homebuyer payments just hit all-time high as spring arrives

By Taylor Anderson | March 10, 2023 - 6:12 pm |March 10, 2023 Uncategorized

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The typical monthly payment rose to $2,563 this week despite home prices that were down 1 percent, according to data on Friday. That’s the highest monthly payment on record, up 29 percent from last year. Continue reading →

Luxury home purchases hit record low as buyers eye other investments

By Jim Dalrymple II | March 10, 2023 - 5:57 pm |March 10, 2023 Uncategorized

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Luxury home sales fell 44.6 percent year over year, according to data released Friday by Redfin. Prices are nevertheless still high because inventory is so low, economists say. Continue reading →

Douglas Elliman earnings fall short to close out 2022

By Ben Verde | March 10, 2023 - 3:18 pm |March 10, 2023 Uncategorized

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The company logged revenue of $207.3 million in the fourth quarter of 2022 compared to $334.2 million a year earlier, according to an call Friday morning to discuss Q4 and 2022 earnings. Continue reading →

Tag Archives: Industry News

Guild’s McGarry will hand CEO reins to Terry Schmidt, her 1st hire

SVB, CB, DOJ: Inman’s Top 5 stories of the week March 10-16, 2023

Guild Mortgage announces 3rd acquisition in as many months

With fewer million-dollar homes, is luxury OK? The Real Word

Antitrust regulators move to block ICE’s $11.7B Black Knight acquisition

Silicon Valley Bank, proptech hub for real estate clients, collapses

Inman’s Top 5 stories of the week March 3-9, 2023

Monthly homebuyer payments just hit all-time high as spring arrives

Luxury home purchases hit record low as buyers eye other investments

Douglas Elliman earnings fall short to close out 2022

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