Realogy posts net profit despite 5% revenue decline in Q2

The company fell in line with revenue expectations and an earnings-per-share target of $0.83, as projected by financial analysis firm Zacks. Continue reading

Opendoor will expand into Salt Lake City, Boise and St. Louis

The iBuyer plans make offers on homes in Salt Lake City and Boise later this year, followed by St. Louis in 2020, the company announced Tuesday. Continue reading

Redfin CEO: Amazon-Realogy partnership not a ‘serious move into the real estate market’

Glenn Kelman suggested in the earnings call Thursday that few people turn to Amazon for “soft services.” He also revealed that he’d like to be able to sell 10 percent of the homes listed with Redfin to unrepresented buyers Continue reading

Redfin experiences ‘turning point,’ beats expectations with $197.8M in revenue

CEO Glenn Kelman also said the company’s webs traffic and brokerage sales accelerated for the second straight quarter. Continue reading

HUD proposes change that would make proving housing discrimination more difficult

The proposed changes to ‘disparate impact’ rule come at a time when the gap between black and white homeowners is growing, according to a Redfin study. Continue reading

WATCH: Mike DelPrete on Zillow’s competitive advantage

At Inman Connect Las Vegas the entrepreneur and analyst explained the seismic shifts shaking up the residential real estate market. Continue reading

Consumers demand convenience and transparency in closings

Everyone involved in a real estate transaction is on the hook to create a better, more convenient closing process, one industry leader argued Friday. Continue reading

Announcing the 2019 Inman Innovator Award winners

Redfin Direct, Homeward and Brix Real Estate are among those honored at Inman Connect Las Vegas. Continue reading