Real estate stocks are getting absolutely destroyed right now

Multiple real estate companies are seeing share prices fall to all-time lows. If they can’t ultimately turn around their stock market performances, their falling share prices could have profound impacts on the real estate industry. Continue reading

New trial date set for fall in Coldwell Banker ‘cold call’ class action case

Judge refused to reconsider an order granting class certification in case where plaintiffs allege Anywhere allows agents to violate the law to grow its market share of listings. Continue reading

Anywhere makes HQ employee cuts in effort to slash operating costs

Anywhere Real Estate has laid off an unknown number of employees as the company streamlines amid choppy market conditions. Anywhere declined to share which departments were impacted. Continue reading

Compass ditches stock, financial incentives in recruiting

Compass has grown rapidly by offering agents shares in the company and in some cases cash. But the company has now cut those perks as the market slows. Continue reading

CoStar, Adena Hefets take top Inman Innovator awards at ICLV

Out of nearly nearly 600 nominations received from the public, these are the real estate industry innovators that stood out in 2022, according to an announcement at ICLV on Friday. Continue reading

Anywhere COO: Time, friction and costs can be slashed across industry

At her first Inman Connect appearance on Wednesday, Anywhere COO Melissa McSherry talked about the power of technology to reduce friction. Continue reading

A pivotal earning season is beginning. Here’s what to know

Major companies share how much money they made as the real estate market veered south earlier this year and as Inman Connect unfolds, bringing these leaders together in Las Vegas. Continue reading

Market headwinds push Anywhere Q2 revenue down 6% to $2.1B

Inflation, rising mortgage rates and sinking home sales contributed to Anywhere’s diminished performance in Q2 as the company braces for choppier waters ahead. Continue reading

Market headwinds push Anywhere Q2 revenue down 6% to $2.1B

Inflation, rising mortgage rates and sinking home sales contributed to Anywhere’s diminished performance in Q2 as the company braces for choppier waters ahead. Continue reading