Short-term rental market balancing out after rush of supply

“Our expectation is that demand will grow at 5.7 percent for the year, about a quarter of the growth rate in 2022,” AirDNA says in its 2022 mid-year outlook. Continue reading

High profile firm to turn over info on Trump’s real estate deals

Cushman & Wakefield was going to have to pay $10,000 for not complying with subpoenas that are part of an investigation into the Trump Organization. Continue reading

Q2: Multifamily rent slows in latest sign of rental market cooldown

Current CoStar report finds ‘a continued downward trend in rent growth,’ as vacancy rates tick upward and rent price growth cools. The Sun Belt and South continue to see the fastest growth. Continue reading

Adwerx lays off 40 employees as company slows new initiatives

Digital marketing company Adwerx is the latest company to announce layoffs, with 40 employees losing jobs on Thursday. Adwerx said the layoffs are the result of scaling back on new initiatives. Continue reading

Bombshell commission lawsuit series and more: Inman’s Top 5 stories of the week (July 1-7, 2022)

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

Sprout Mortgage is 2nd non-QM lender to implode in as many weeks

Failures raise questions about the viability of a small but growing corner of the mortgage business that largely serves self-employed borrowers. Continue reading

Better hires new head of sales and VP of marketing

The company continues its quest to go public despite turmoil in the market. New executives are a mix of recent hires and internal promotions. Continue reading

What happens to buyers’ agents if the bombshell lawsuit explodes?

Multiple lawsuits are challenging the way agents get paid. Inman asked experts what that means, and how the future of real estate might evolve as a result of changes to the commission structure. Continue reading