Tag Archives: robert reffkin

The inventory recovery suffered a setback. Is it just temporary?

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The housing downturn was supposed to bring the market back into balance between buyers and sellers. But recent inventory gains have stalled. Continue reading →

Robert Reffkin: Sub-4% mortgages are ‘handcuffs’ for home inventory

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In a Bloomberg Markets TV appearance, the top boss at Compass said homeowners are treating a 3 percent mortgage rate “as a financial asset” — at least for now. Continue reading →

Zillow, Anywhere and Compass vanish from annual Fortune 500 list

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The real estate giants’ omission from Fortune’s annual list of the biggest companies illustrates just how far industry players have fallen as a result of a housing contraction that began in 2022. Continue reading →

Robert Reffkin’s mom, Ruth, has joined Compass’ Garson Team

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The senior Reffkin’s move to the social media-forward team will create a cross-generational collaboration that capitalizes on combining varied skill sets to best help clients, Inman exclusively learned. Continue reading →

Compass CEO Robert Reffkin: FOMO is fueling ‘pent-up’ demand

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Reffkin said Tuesday, during a Needham Technology & Media Conference session, that housing is in a “sideways” market — but after last year, homebuyers are now afraid prices will go even higher. Continue reading →

Real estate stocks are suddenly and finally on fire

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Redfin, Opendoor and Compass have all seen their share prices rally in recent days — suggesting that after years of the cold shoulder investors are warming to the sector. Continue reading →

Eyes on inventory as Q1 earnings ramp up following a chilling 2022

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Jay McCanless, a senior vice president of equity research at Wedbush Securities, reveals what he’ll be watching as publicly traded real estate companies post Q1 earnings this week and next. Continue reading →

Meet the boomerang agents returning to their old brokerages

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As the battle for agent count stalls amid a slow market, firms such as Compass are seeing former agents, lured away by promises of better tech and more opportunities, come back into the fold. Continue reading →

Compass CEO: Buyers will deal with higher rates. Sellers? Not so much

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During his latest CNBC appearance, Compass CEO Robert Reffkin outlined the catch-22 of higher mortgage rates and why early pandemic boomtowns are facing a devastating bust. Continue reading →