Tag Archives: Industry News

Housing inventory shoots up as homes sit longer on the market

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A new report from Realtor.com shows that homes were sitting on the market for an average of 67 days in February, up from just 44 last year at the same time. Continue reading →

Real estate took a drubbing in Q4, but some companies still surprised

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Brokerages, tech companies and mortgage providers all saw massive losses as the market soured at the end of 2022. But some leaders did have a few tricks up their sleeves. Continue reading →

Howard Hanna merges with New York-based Coach Realtors

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The new partnership will see Howard Hanna further extend its reach into New York. Meanwhile, Coach will rebrand to include the Howard Hanna name. Continue reading →

Compass explores possibility of franchising, company says

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CEO Robert Reffkin floated the idea of a franchise brand during an earnings call Tuesday, describing it as a “more profitable” method of growing the business. Continue reading →

Rocket posts its first loss since going public, and it’s a doozy

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Rocket reported a $493 million fourth-quarter net loss even after slashing expenses by $202 million from the third quarter as revenue fell 81 percent from a year ago to $481 million. Rocket executives say they’re focused on growing the company’s share … Continue reading →

Black Knight’s Q4 profits slip as clients cope with challenges

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The company’s $17.6 million in fourth-quarter net earnings represented a 71 percent decline from a year ago. Black Knight books $452.5 million in 2022 profits, up 118 percent from 2021 with revenue climbing 5 percent to $1.55 billion. Continue reading →

Brad Inman: Decision-makers, not experts, will forge real estate’s path

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The Inman founder kicked off Disconnect in Palm Springs, California, on Monday by calling on real estate leaders to deliver a path forward through the rough patches ahead. Continue reading →

Take Inman’s inaugural Intel leadership survey here

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What’s it like to lead during the largest housing market correction since the Great Recession? Inman wants to know what leaders, executives and entrepreneurs are doing to stay afloat. Continue reading →