Tag Archives: Select

Opendoor planning reverse stock split in face of delisting threat

By | | Uncategorized
Comments Off on Opendoor planning reverse stock split in face of delisting threat

Shares in the iBuyer have traded for as little as $0.58 on the Nasdaq in recent days — well below the $1 threshold companies must meet to avoid delisting. Continue reading →

Job market is cooling, but not fast enough to alarm Fed policymakers

By | | Uncategorized
Comments Off on Job market is cooling, but not fast enough to alarm Fed policymakers

An estimated 7.24 million Americans were unemployed in May, as hiring by private employers slowed and the federal government continued to shrink its payroll. Continue reading →

Senate Dems ask Pulte to put Fannie, Freddie revamp on hold

By | | Uncategorized
Comments Off on Senate Dems ask Pulte to put Fannie, Freddie revamp on hold

Lawmakers want assurances that privatizing the mortgage giants or taking them public won’t drive mortgage rates up, and put investor profits “over the homes of millions of Americans.” Continue reading →

Compass scoops up Seattle luxury agent Brian D. Hopper

By | | Uncategorized
Comments Off on Compass scoops up Seattle luxury agent Brian D. Hopper

Hopper previously worked at Sotheby’s, and also spent many years working professionally as a firefighter. He joins Compass at a time of growth for the brokerage. Continue reading →

Zillow isn’t backing down on remote work

By | | Uncategorized
Comments Off on Zillow isn’t backing down on remote work

At Fortune’s Workplace Innovation Summit, Zillow Chief People Officer Dan Spaulding praised the portal’s Cloud HQ and how it’s boosted employee productivity and morale. Continue reading →

Trump bump flattens for luxury homebuyers in Silicon Valley

By | | Uncategorized
Comments Off on Trump bump flattens for luxury homebuyers in Silicon Valley

The area’s high-end homebuyers, many of whom work in tech, don’t take market fluctuations well, largely because their wealth is typically generated through IPOs and stocks. If the stock market is in a tizzy, they won’t be buying real estate. Continue reading →

Luxury home values have hit $1.8M, bucking the spring slowdown

By | | Uncategorized
Comments Off on Luxury home values have hit $1.8M, bucking the spring slowdown

A new report from Zillow shows that luxury home values rose 2.7 percent over the past year, with the typical luxury home now valued at around $1.8 million. In some high-demand cities, like New York, Los Angeles, San Diego and San Francisco, luxury home… Continue reading →

An active hurricane season is on the horizon — is the US prepared?

By | | Uncategorized
Comments Off on An active hurricane season is on the horizon — is the US prepared?

NOAA expects 13 to 19 named storms to arrive now through the end of November. More than 33 million properties face potential damage from high winds and more than 6 million from flooding as a result of storm surge. It’s unclear how federal cuts may hind… Continue reading →

Get all caught up on NAR midyear: The Download

By | | Uncategorized
Comments Off on Get all caught up on NAR midyear: The Download

Get all caught up on the National Association of Realtors Legislative Meetings, including Thursday’s votes on the no-commingling and hate speech policies. Continue reading →

Parker withdraws suit against Douglas Elliman clawbacks

By | | Uncategorized
Comments Off on Parker withdraws suit against Douglas Elliman clawbacks

In May, Elliman requested to move the dispute into an arbitration and provided all relevant agreements to Parker’s claims, according to TRD. Parker withdrew the lawsuit without prejudice, meaning she can refile later. Continue reading →