Seasonality is back, iBuying is alive, and other big earnings takeaways

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 acquired by Houston title insurance company

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

Encryption, inequality and ‘Zero DOM’: 6 pocket listing takeaways

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

No, BlackRock isn’t buying up all of Zillow’s homes

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

Zillow stocks plunge as competing iBuyers hang steady amid chaos

Thirty minutes into trading on Wednesday, Zillow Group’s stock was down about 16.6 percent to around $70.55 per share. Continue reading

Opendoor plans to hire nearly 100 tech engineers in Canada

The new team members will be based in Toronto and will work on financial platforms and technology infrastructure. Continue reading

Pocket listings are still around, but the off-market landscape is evolving

Two years after the National Association of Realtors approved the Clear Cooperation Policy, pocket listings haven’t disappeared. But they remain hotly debated, and demand for off-market housing is as strong as ever. Continue reading

Redfin CEO Glenn Kelman ‘skeptical’ about iBuyer growth

Glenn Kelman said Wednesday at Inman Connect that many agents expect iBuyers to grow. He isn’t so convinced, but does see disintermediation as a real issue. Continue reading

New Redfin tool allows shoppers to phone a friend with FaceTime

The feature lets buyers hop on a FaceTime call with their agents and others, browse listings and share their favorites with the group. Continue reading