Why are proptech companies flailing on the stock market?

At Inman CEO Connect on Tuesday, First American Chief Innovation Officer Paul Hurst broke down what’s going on with the stock market and why SPAC mergers are so popular. Continue reading

Gary Keller singled out as ‘head of conspiracy’ as federal commission lawsuit accelerates

As oral arguments began Monday in the federal commission case, plaintiffs questioned the role of buyer agents, what a world without NAR’s commission policy would look like and why they believe Keller is leading an antitrust conspiracy. Continue reading

Inman Connect turns 25: The top 20 moments of real estate’s best bash

The event has come a long way since its beginnings in the woods of Sonoma County, California. Continue reading

Despite March’s home sale slump, prices grow at fastest clip since 2013

Nearly 4 percent fewer homes sold in March than did the month before, after accounting for seasonal factors. Prices rose by 6 percent, the largest monthly price increase since 2013. Continue reading

Driven out by high costs, Americans are still relocating at a record pace

A record 32.3% of Redfin.com users nationwide sought to move to a new metropolitan area during the first quarter of 2021 as housing prices and mortgage rates continue to climb. Continue reading

The iBuying lessons Jason Aleem is bringing to Redfin’s sales team

After helping Redfin’s iBuyer business navigate a period of change, Jason Aleem is now tasked with leading its sales team into the next era. Continue reading

Should home floor plans be copyrighted intellectual property?

In a brief filed last week, the National Association of Realtors suggested an ongoing lawsuit waged by Designworks Homes could lead to lawsuits “against homeowners who make or display floor plans of their own homes.” Continue reading

It looks like the pandemic vacation-home boom is coming to an end

Demand for vacation homes dropped sharply in March — the second straight month a decline was recorded as mortgages ramped up above 5 percent, according to a new analysis by Redfin. Continue reading

Affordability, debt biggest obstacles to homeownership, renters lament

Thirty-two percent of renters surveyed in a poll conducted by Redfin say they rent because they can’t afford to buy a home, while 45 percent said debt was the main factor keeping them from homeownership. Continue reading

Opendoor disciplined in North Carolina for disclosure lapses

Regulators say the iBuyer misrepresented a home and didn’t get the proper permits for another. Its license was suspended for 18 months, but the North Carolina Real Estate Commission has stayed the suspension, allowing Opendoor to continue operating. Continue reading