Investors who kept the faith even as the iBuyer’s stock price was plummeting earlier this summer are being rewarded now with a surge following the announcement of Kaz Nejatian as the new CEO. Continue reading
Nejatian has a background as a lawyer, and most recently helped build teams and products at Shopify since 2019. His appointment follows Carrie Wheeler’s resignation last month. Continue reading
Realtor.com’s August market report revealed the emergence of a balanced market, with pockets of dominance for buyers in the Southeast and West. However, economic headwinds are suppressing sales, with contract signings and delistings rising annually dur… Continue reading
A deteriorating labor market could include a silver lining for real estate as mortgage rates continue to slide and runway appears open for rate cut by the Federal Reserve later this month. Continue reading
Homes.com parent CoStar sued Zillow in July over what it described as “systematic infringement” of copyrighted images. Zillow has yet to formally respond, but has started taking the images down. Continue reading
Cloud-based brokerage eXp Realty is continuing its recruitment run by snatching up one of Northwest Texas’s top independent brokerages. After 13 years of running Amy Tapp Realty, broker-owner Amy Tapp is transitioning her 45-person brokerage into an eX… Continue reading
Today, more than one-quarter of U.S. homes, which represent $12.7 trillion in property value, are vulnerable to at least one type of severe or extreme climate risk, according to a new report released by Realtor.com. Continue reading
RE/MAX has purchased Compass’s Chicago North Shore office locations, Inman learned on Wednesday. Compass offloaded the brick-and-mortar locations as a result of its $444 million acquisition of @properties Christie’s International Real Estate, which clo… Continue reading
The law that went into effect on Monday prohibits individuals and companies from China, Iran, North Korea and Russia from buying or leasing property for more than one year. Continue reading
The trade association essentially denied all allegations that The PLS made against it, arguing that Clear Cooperation and NAR policies are “lawful, justified, procompetitive [and] pro-consumer,” and that they were conducted with NAR’s legitimate busine… Continue reading