Investor activity slows, still makes up 1 in 4 homes sold in US

New data from John Burns and Redfin shows that investor activity slowed toward the end of 2022 but still accounted for about a quarter of home sales. That’s up from about 11 percent in 2001. Continue reading

After clamp down in Park City, Pacaso gets a big reprieve in Utah

A bill moving swiftly through Utah’s Legislature would prevent cities and counties in the state from placing restrictions on co-owned homes. The reversal is a big win for Pacaso and its rivals. Continue reading

Matterport Q4 revenue grows to $41.1M in test of value in a downturn

Matterport earned $136.1 million in 2022, which wasn’t enough to offset $26.5 million in losses for the final three months of 2022 and $116.6 million for the year, according to the company’s latest earnings release on Wednesday. That was more than doub… Continue reading

Beyond REITs: 6 ways to invest in real estate without much cash

Not everyone has $50,000 or more lying around and just begging to be invested in real estate. Here are six ways to invest without a huge upfront cost. Continue reading

Ex-rivals Opendoor and Zillow debut new partnership in Atlanta, Raleigh

Homeowners in Raleigh and Atlanta can ask for a cash offer from Opendoor and get an estimate from Zillow about what their home might sell for on the open market. Continue reading

Airbnb notches first profitable full year as demand surges, rates fall

The short-term rental platform posted $1.9 billion in profits and $8.4 billion in revenue in 2022, a 40 percent surge from a year earlier, according to executives during a full-year and 4Q earnings call Tuesday afternoon. Continue reading

Three years into COVID, landlords grapple with what to do about rent

Leniency or government protections often kept rent below market rate and prevented evictions. Three years into the pandemic, property managers are deciding how to move forward. Continue reading

Presale renovator Revive acquires HomePrep as it eyes the East Coast

Revive has acquired HomePrep outside of Washington, D.C. in a continued nationwide expansion, executives told Inman exclusively. The company adds value with no up-front costs to homesellers. Continue reading