Opendoor bounces back in first quarter after pandemic-driven downturn

The beginning of 2021 was better for the iBuyer than the end of 2020, though it still has a ways to go before reaching its pre-pandemic strength. Continue reading

Zillow vs. realtor.com: Mike DelPrete on their battle

It appears that Zillow’s longstanding traffic lead over realtor.com is diminishing. It’s insignificant in terms of competitive advantage and revenue uplift — and might simply be an artifact of pandemic browsing patterns — but it does reveal a deeper tr… Continue reading

Better is the latest mortgage company to go public

The parent company of Better Mortgage is going public through a merger with a blank-check firm, raising $778 million it can use to grow not only its mortgage business but also its real estate brokerage and title insurance businesses. Continue reading

NAR: ‘The MLS is under attack’

Lawsuits alleging that NAR rules regarding multiple listing services prop up commissions that inflate buyer and seller costs keep proliferating. Continue reading

Keller Williams sees rising agent count, sales volume amid hot market in Q1

KW agents closed 272,688 transactions and did $98.1 billion in volume between January and March. The company also now has 180,376 agents across the world. What other insights into the company’s fortunes does the report reveal? Continue reading

Home renovation valuation app raises $6.5M, launches in Seattle

Inman was provided an early look at the Plunk app, which is member of NAR’s Reach Accelerator Class of 2021. The funding will be used to further hone the app’s first national iteration Continue reading

89% of all metro areas saw double-digit home price gains in Q1

Amid widespread annual home price growth, 89 percent of all metro areas saw double-digit price gains, according to the National Association of Realtor’s First Quarter Metro Home Prices report. Continue reading

5 trends that will dominate the future rental market

The suburbs will likely continue to be popular, but who owns and lives in the houses may change, according to panelists at the Urban Land Institute’s virtual Spring Meeting conference. Continue reading

Lone Wolf Technologies acquires LionDesk and HomeSpotter

“Ultimately, where we want to go is a fully connected digital platform with a single user persona,” said Lone Wolf CEO Jimmy Kelly about the purchases of CRM LionDesk and marketing technology provider HomeSpotter. Continue reading

Inman Handbook: Finding success in the short-term rental market

With this summer’s short-term rental market poised to be one of the busiest ever, owners need to be on top of their game. Here’s how investors and independent Airbnb hosts can succeed. Continue reading