Berkshire Hathaway HomeServices CEO denies Compass negotiations

HomeServices of America CEO Gino Blefari said Thursday night his company isn’t in acquisition talks with Compass. Since then, the brokerage franchise network and Compass have been silent. Continue reading

Inflation, job worries drive ‘horrific’ consumer confidence report

Republicans are less worried about the future than Democrats and Independents, but “consumers from all three political affiliations are in agreement that the outlook has weakened since February.” Continue reading

The homeowner affordability crisis is about to explode due to ‘TI’

Soaring property tax and homeowners’ insurance costs have made homeownership less affordable than any time since the 1980s, Bernice Ross writes. Continue reading

Brokerages that oppose CCP don’t want transparency: Medford

We need a fully transparent system that favors the consumer, not the broker, team leader Carl Medford writes, so that buyers and sellers can feel confident when transacting real estate. Continue reading

Encouraging CPI inflation report does little for mortgage rates

Homebuyers have responded to a pullback in mortgage rates from January highs, but tariffs on imported goods could keep inflation elevated and halt the downward trend in rates. Continue reading

Music City agents sing new tune as Nashville’s rapid growth fuels deals

The pandemic unleashed a growth spurt in Tennessee, with Nashville at the center. Agents and a developer behind Nashville’s tallest building illuminated the market at Inman on Tour this week. Continue reading

Reimagine common space, foster community in multifamily design

Thoughtfully designed common spaces in multifamily communities, Michael Zaransky writes, strengthen resident engagement, deepen the sense of belonging and, ultimately, enhance retention. Continue reading

LoanDepot shares slip on $67M Q4 2024 net loss, tepid Q1 outlook

While mortgage originations were up 34 percent from a year ago, to $7.2 billion, company executives said they don’t expect lending to surpass $5.5 billion in Q1 2025. Continue reading

Douglas Elliman wraps 2024 with hefty $76M net loss for year

The company squeaked out of 2024 with improved quarterly losses, even though net losses for the year were significant. CEO Michael Liebowitz expressed optimism for the firm’s future. Continue reading

Renting becomes sign of wealth as many opt against homebuying

A recent Redfin analysis of U.S. Census Bureau, MLS and county records from 2019 to 2023 found that in 35 of the 50 largest U.S. metro areas, wealthy renters are taking over the rental market. Certain cities, including San Jose, California; Raleigh, No… Continue reading