Offerpad hires Zillow vet, promises cash offers within in 1 hour

Offerpad, the Arizona-based online fast homebuying and re-selling company, announced Wednesday that it has hired Bryan LaFranchi to lead its program in which homesellers can get all cash for their old properties and put the money toward the purchase of… Continue reading

Realtor.com lays off Arizona sales team, consolidates in California

The team in Scottsdale had been working on realtor.com’s lead generation and marketing products, which are geared toward real estate agents. Now, all those sales efforts at realtor.com will be consolidated into an office in Westlake Village, California… Continue reading

Compass poaches entire 22-person Coldwell Banker team

Los Angeles-based WSA Real Estate operates in the tony western half of Los Angeles. Team members are now decamping for Compass, which is not acquiring the entity itself. Continue reading

Where the billionaires are concentrated

While the census doesn’t name individual billionaires or their ventures, these trends toward tech-centric business creation certainly include the founders of high profile Bay Area companies such as Facebook and Google. It’s also unsurprising, then, tha… Continue reading

Redfin finds most affordable cities are also the least disaster-prone

A new study from Redfin maps how disaster-prone certain metros are, while also factoring the cost of buying a home in that city. Continue reading

Home appreciation slows, but prices remain out of reach

A pair of reports from Zillow and Redfin paint a picture of slowing price growth, but homes remain unaffordable to the middle class in many major metros. Continue reading

Purplebricks pivots to more traditional model in US

Flat-fee brokerage Purplebricks is changing its business model significantly in the United States to offer varying listing fees to homesellers by region, which it will now only charge if and when a home is successfully sold. It’s a pivot that brings Pu… Continue reading

Opendoor is expanding to Washington, D.C., Los Angeles

Opendoor plans to expand to Washington, D.C., next year, marking a significant push into the notoriously difficult-for-iBuyers East Coast market. Continue reading

The 17 markets with the most mega sales in the world

New York City, Los Angeles, Aspen, Colorado, are among the 17 markets with the most mega property sales in the world, according to a new report. Continue reading