Investors purchased a record 18.2 percent of U.S. homes, amounting to a new high of $63.6 billion in homes during the third quarter of 2021, according to a new Redfin analysis released Monday. Continue reading
“Cards get stacked against indies,” said Thad Wong, @properties co-founder and CEO, during Connect Now when discussing the challenges of being an independent brokerage. But he also explained why he wouldn’t have it any other way. Continue reading
Amid an ongoing housing shortage and rapid price appreciation, Los Angeles city lawmakers are now searching for ways to thwart iBuyers in their city. Continue reading
Starting Friday, homeowners in Minneapolis and St. Paul can request an all-cash offer through RedfinNow. This is the 12th market RedfinNow has added this year. Continue reading
This week saw a flood of real estate company earnings reports. Overall, they indicate the market is well-positioned and maybe returning to some semblance of normalcy. Continue reading
Coldwell Banker Bain chair Bill Riss has sold his majority interest in the company to U.S. RES Holdco, an affiliate of Houston title insurance company Stewart Information Services. Continue reading
Inman took a deep dive into pocket listings, which continue to polarize the real estate industry long after many thought the practice would disappear. Continue reading
Zillow’s ill-fated iBuying venture drew detractors online before the program collapsed. But as the company races to unload 18,000 home, were they right about where it’s headed? Continue reading
The brokerage and portal company raked in $540 million between July and September, and it saw its losses improve. Continue reading
Thirty minutes into trading on Wednesday, Zillow Group’s stock was down about 16.6 percent to around $70.55 per share. Continue reading