Industry News

The government took over SVB on Friday, while proptech leaders offered their support for the bank and expressed concern about the impact of its failure.

Lawsuits aren't just a risk for large, national firms. Brokerages of all sizes are exposed to legal and regulatory threats and need to be proactive.

As the company doubles down on the real estate portal, CEO Robert Thomson said News Corp remains “open and opportunistic.”

A recent panel discussion concluded that the industry, from lenders to agents, should take note: Millennials are a massive cohort with unique challenges.

CoStar’s Andy Florance shared his vision and plans for Homes.com, which he said offers "a superior consumer experience" and is "better aligned" with agents.

The residential real estate industry has seen epic growth from the days when home computing was new, and the top brokerage did $2.2 billion in annual sales.

Despite losses on home sales, CEO Carrie Wheeler said the company believes in its value proposition and sees "significant runway" via its Zillow partnership.

Florance, founder and CEO, made the announcement during a Q4 earnings conference call Tuesday, which also highlighted the company's revenue gains.

According to the U.S. Census, 82% of newly built homes sold in 2021 were a part of a homeowners association.

The consumer portal is partnering with RateMyAgent, whose participating agents can boost their visibility to Realtor.com's 86 million monthly users.

Ryan Gorman leads btcRE consultancy, Ines Hegedus-Garcia chairs MIAMI board, Dave Howe now CEO at MetroList, Nicole Aissa first president at Red Oak.

Jason and Molly Mesnick, real estate agents and "The Bachelor" alums, offer their take on the deals and drama on some of the hottest real estate shows today.

Digital tools and remote work aren't going away, and that has reshaped buying, selling and how agents work with clients.

The latest movers: Regional president Wendy Forsythe, CTO Mike Messig, VP Brett Matsuura, General Counsel Deva Roberts.

While iBuyers struggled, Power Buyers and presale renovation companies made big strides in 2022 as consumers looked for options in a challenging market.

The data shows that homeowners have a typical net worth 40 times greater than that of renters, and greater financial resilience in tough times.

The latest movers: Beverly Jackson at Zillow, Egbert Perry at Anywhere, Jason Nicosia at BHGRE, Kevin Patsel at Compass, Christine Pappas at Keyes.

CoStar has been gaining ground in residential real estate, and industry observers say this latest move would “radically accelerate” the company's growth plans.

A deal may be close for News Corp. to sell Realtor.com and parent company Move to CoStar.

The real estate landscape is ripe for entrepreneurship. Beyond the big names, get to know one of the innovative companies making an impact.

Talent is a crucial investment. Brokerage leaders who create a positive culture and effective systems enable workers to thrive and the business to succeed.

The Swanepoel Power 200, the definitive ranking of the most powerful leaders in residential real estate, names a new No. 1 for 2023.

There are nearly 15 million single-family rental households in the U.S., and investors have been capturing an increasing share of that massive market.

A new prohibition, enacted Jan. 1, keeps most international buyers — including Americans — from purchasing Canadian homes. But there are exceptions.

Opendoor co-founder and former CEO Eric Wu is now running its marketplace business, including Opendoor Exclusives. Will it be a winner?

At this time last year, no one predicted that the market would take such a wild ride.

Since acquiring rental management software company Avail in 2020, Realtor.com has doubled the size of the team and plans to grow its rentals footprint.

CEO Sean Black shares the journey of his company's near-IPO followed by painful layoffs and strategic changes.

T3 Sixty CEO Jack Miller says there's no reason to shy away from conversations about the housing market, as long as you arm yourself with knowledge first.

This fall, amid rising rates and layoffs, we talked with top leaders from KW, Zillow and more to get their take on this moment — and the future of real estate.

A lot has happened in the industry since we launched just over two months ago. If you missed any of these top stories, here's your chance to catch up.

The latest moves: Katie Scherping, Gabe Richter, Marcus Phipps, Jeryl Vallie-Cepida

The government and courts are taking a hard look at how agents and brokers get paid. What are some changes that this intense scrutiny could trigger?

Keller Mortgage will continue to operate alongside existing divisions of Mutual of Omaha, with Gary Keller as co-owner.

Knock has opened up its Home Swap program to allow any lender to participate.

The new podcast series, launched and hosted by NAHREP CEO Gary Acosta, explores the Hispanic wealth gap and other topics important to a growing demographic.

Fintech companies Better and Tomo recently launched services to speed up the home loan process for borrowers.

Sotheby’s International Realty looked at the pace of wealth gains that drove purchases of ultra-high-end homes that start at $10 million.

Economists and other industry leaders believe the wild ride of 2022 is giving way to a quieter, steadier 2023.

The latest moves: Anne Colvin joins Christie's, Dan Troup re-elected to RESO board, Justin Messer promoted to CEO at Prosperity.

In this year’s Swanepoel Power 200, more women than ever are among the top 25 executives on the list.

A list's value is in the data and time that go into creating it. And the SP 200 is built on massive data sets, weeks of debate and a commitment to objectivity.

There is tremendous power in harnessing your mind's ability to visualize the paths you could take for your business and your life. Here's how.

Bright MLS predicts some ups and downs for 2023, including drops in prices and mortgage rates, and a return to seasonal patterns in the spring.

Even in the toughest market, at least four million homes get sold. Strap in for a bumpy ride while keeping yourself informed and looking for opportunities.

Residential construction has fared better than some parts of the real estate industry, with an increase in jobs year-over-year.

The latest moves: CMLS board of directors, Brent Dobsch, Dana Bina, Branden Lopez, Leo Pareja, Miguel Berger

Predictions include a healthy housing market in the Midwest, more friends and family members pooling resources to buy a house, and more first-time landlords.

The company is integrating “the best of Homes.com” with Homesnap and Citysnap, said Andy Florance, CoStar CEO and founder.

The company received notice from the NYSE that it was not in compliance because its stock price stayed below $1 for 30 trading days.

As natural disasters become more costly and more frequent, climate risk is likely to have an increasing impact on homebuying decisions.

Apartments.com led CoStar’s earnings during a challenging quarter for the real estate industry.

NAR's chief economist said there always is a recovery period after a hurricane or other natural disaster, but affected areas should bounce back within 2 years.

The pandemic migration may have slowed, but prospective buyers are still looking beyond major metros for new, more affordable homes in less populated areas.

The company, which announced significant layoffs last month, replaced former CEO and co-founder Eric Wu with Carrie Wheeler, who joined as CFO in 2020.

Rate hikes slowed demand from a wide-open firehose to a trickle faster than the company or its algorithms could predict.

The latest moves: NAR leadership team, Andrew Kazeniac, Kalani Reelitz, Katie Smithson, Rachel Scheid, Ravi Shankar

The 2023 Swanepoel Trends Report looks at agent and broker compensation structure, which is at the center of several pending lawsuits.

Michael Altneu, vice president of Global Luxury at Coldwell Banker, said luxury housing has proven resilient in a cooling market.

In a shifting real estate environment, Doctorow says the company's mission of serving agents, brokerages and consumers remains their North Star.

Opendoor Technologies reported $211 million in third-quarter adjusted losses before EBITDA. Its net loss for the quarter was $928 million.

After a turbulent year marked by significant layoffs, Zillow is looking to “double down on the things that we believe in” and simplify the real estate journey.

Third-quarter revenue came in at $483 million, above company expectations, but CEO Rich Barton said the market is "super challenging to predict right now."

Ahead of their third-quarter earnings release, founder and CEO Eric Wu announced companywide layoffs that will cut the workforce by 18%.

See who’s taking on new executive leadership roles across the real estate industry.

The most recent Zillow layoffs come just ahead of the company's Q3 earnings release.

Many companies across the real estate spectrum have announced layoffs this year, citing the slowing housing market and high interest rates.