The markets real estate investors are fleeing amid the housing slump

Despite economic turmoil, investors large and small are still a force to be reckoned with in the housing market. Intel broke down the cities they’ve soured on — and the ones they just can’t quit. Continue reading

How to answer buyers’ top 10 most-asked mortgage questions

Agents should be prepared to answer their buyer’s mortgage questions, including types of mortgages, lender guidelines, preapproval vs. prequalification and the closing process in the area. Continue reading

Overspending? Here’s how real estate agents can rein it in

Overspending is a significant challenge that almost every real estate agent has to face. However, with the right strategies and practices in place, you can rein in your spending and significantly grow your profits. Continue reading

Matterport Q1 revenue jumps as subscribers unexpectedly grow

On a quarterly earnings call Tuesday, Matterport told shareholders, analysts and media attendees that total revenue for the first quarter of 2023 was $38 million, a 33 percent increase from quarter one last year.
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NAR chief economist: ‘The Fed made a mistake’

At the Realtors Legislative Meetings’ Residential Economic Issues and Trends Forum, Lawrence Yun predicted total home sales would bottom out this year before ticking up in 2024. Continue reading

Soaring spring home prices are very real — and widespread: NAR

For now, a seasonal surge in home activity has arrested falling prices in most U.S. markets, according to Q1 metro home price data released Tuesday by the National Association of Realtors. Continue reading

WeWork takes bite out of losses as debt overhaul starts to pay off in Q1

The co-working behemoth posted a net loss of $299 million in the first quarter, a $205 million improvement from a year earlier, according to Q1 earnings data released Tuesday morning. Continue reading

Opendoor CEO Carrie Wheeler on Q1 earnings and the iBuyer’s future

The chief executive of the largest iBuyer spoke to Inman about Opendoor’s first-quarter earnings on Thursday — and expectations that the company is turning a corner after a rough 2022. Continue reading

What layoffs? Most of real estate industry is ramping up, data shows

Employers posted another hot hiring month as the spring housing market picked up, exceeding strong overall numbers, according to data released Friday by the U.S. Bureau of Labor Statistics. Continue reading