Weeks after it reported losing nearly $1 billion in the third quarter, the leading iBuying company shook up its top executives. Founder Eric Wu was replaced as CEO by CFO Carrie Wheeler, and President Andrew Low Ah Kee has resigned. Continue reading
Tenants can become short-term rental hosts for as much as half of the year under a new approach that connects renters with buildings that allow Airbnbs. Continue reading
The gap between buying a home and renting one has widened since 2020, “The Wall Street Journal” reports. It now costs $3,058 a month to buy an entry-level home. Continue reading
Rents don’t historically fall during recessions, even as home prices do. Investors should keep the following in mind moving forward. Continue reading
According to expert Drew Meyers, everyone’s talking about proptech without even a whiff of the defining company in the category in the conversation. In fact, the largest proptech company is rarely mentioned. Continue reading
David Parnes and James Harris of Million Dollar Listing LA share their secrets for success in helping investors in the shifting market. It will take thoughtful and savvy moves to keep investors purchasing into 2023. Continue reading
Lawmakers in both chambers of Congress have accused RealPage of anticompetitive practices. Calls for an inquiry come a month after a sweeping and critical report into the company. Continue reading
The slowdown was most dramatic in COVID boomtowns like Las Vegas and Phoenix, according to a new analysis released Tuesday by Redfin, which examined real estate investment activity in 40 metros. Continue reading
Homes near a Whole Foods or Trader Joe’s boast higher values, but those near an Aldi grocery store offer something for real estate investors the others can’t, according to data from Attom. Continue reading
A new Zillow report finds renters making average wages need to work 63 hours to cover rent compared to two years ago, highlighting a widening gap between rent growth and wage growth. Continue reading