Tag Archives: inman

Broker Spotlight: Bill Favre, @properties La Crosse

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Learn how this broker-owner has experienced success as solo agent, leader of a high-performing team and co-owner, launching a brokerage that now holds the No. 1 market share. Continue reading →

Opendoor saw rising losses in Q4, but managed to boost revenue

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The iBuyer’s $1.1 billion in Q4 revenue wasn’t enough to offset a loss of $113 million. However, CEO Carrie Wheeler said the company entered 2025 as “a leaner, more efficient business.” Continue reading →

Matterport lost $256M in 2024 as it continued scaling before merger

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Total revenue was $169.7 million, up 8 percent compared to a year earlier, boosted by its 1.2 million subscribers as the company bolstered its ongoing revenue streams. Continue reading →

CoStar Group looks to hire 1K employees in 2025

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CoStar Group announced plans on Monday to add 1,000 new employees to its Richmond, Virginia, campus. The hiring push also comes with cuts to a number of unspecified teams. Continue reading →

Pending home sales fall 4.6% to an all-time low, NAR says

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The Pending Home Sales Index (PHSI), which tracks home sales based on contract signings, dropped 4.6 percent to 70.6 in January, marking an all-time low, while pending transactions fell 5.2 percent year over year. Continue reading →

Home values have surged at 2X the normal rate since pandemic

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Since 2020, U.S. home values have risen by 45.3 percent. In other words, more than 10 years of typical home value growth has been packed into a five-year period, a new report from Zillow shows. Continue reading →

BridgeMLS adds Roomvo AI visualizations to search platform

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Homebuyers using bridgeMLS’ search site can now virtually redesign rooms using Roomvo’s Inspire tool. The tool includes preset design styles, wall and floor finishings, and decor add-ons. Continue reading →

Matterport Marketing Cloud pushes power of digital twins

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Matterport continues its shift into becoming a more comprehensive marketing partner to the real estate industry with the launch of its latest software offering, Matterport Marketing Cloud. Continue reading →

New-home sales plunge 10.5%, fall below expectations

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Sales of newly built single-family homes declined during January, falling well below consensus estimates, according to data released Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development. Continue reading →

NAR makes $197M commission suit settlement payment

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At least some of the payout will come from NAR’s reserve funds, including operating reserves and those collected from members specifically for lobbying and to advertise the Realtor brand. Continue reading →