John Davis files a racketeering lawsuit against Keller Williams
Three months after a Texas judge sent former Keller Williams CEO John Davis' $300M fraud suit against the franchisor to arbitration, Davis is back with new racketeering claims
by Marian McPherson Aug 30
Cover up, circle the wagons, pounce on critics: NAR's MO
Opinion
The arcane volunteer structure at the National Association of Realtors prevents proactive decision-making and erodes individual accountability, Brad Inman writes
by Brad Inman Aug 30
Guild Mortgage eyes the Midwest with First Centennial acquisition
The acquisition of the Aurora, Illinois-based, family-owned lender marks San Diego-based Guild Mortgage's fourth expansion since December, according to an announcement on Monday
by Matt Carter Aug 30
Tracy Kasper emerges as president of fractured NAR amid mild dissent
One day into Tracy Kasper's term as president of the National Association of Realtors, some agents have raised doubts about her ability to set the 115-year-old organization on the right path
by Marian McPherson Aug 30
Nearly half of Better's mortgage business now comes from partners
Better's market share has shrunk by more than 70% in the last year as it focuses on making more profitable loans, with partners like Ally Bank and American Express generating 42% of business
by Matt Carter Aug 29
NAR President Kenny Parcell resigns after NYT exposé
Two days after The New York Times' investigative report about alleged rampant sexual misconduct at National Association of Realtors, President Kenny Parcell has resigned
by Marian McPherson Aug 28
Compass picks up 2 top agents in Chicago from @properties
Anne Hodge and Debra Dobbs are joining Compass in the Windy City. The agents together bring more than 60 years of experience in Chicago real estate, according to the company
by Ben Verde Aug 25
Better shares plunge more than 90% in Nasdaq debut
In addition to going public at a bad time for mortgage lenders, Barron's reports that SPAC merger resulted in a huge increase in the number of shares outstanding
by Matt Carter Aug 24
Keller Williams agent killed in boat accident before Mega Agent Camp
Beloved Keller Williams Moorestown agent Rob Montalbano died in a Lake Travis boating accident on Aug. 13. His brokerage and community have rallied to raise more than $68K for funeral costs
by Marian McPherson Aug 24
Share of first-time homebuyers hits highest level since 2010: Zillow
Unburdened by rate lock, the share of first-time homebuyers rose to 50% this year, according to a new report from Zillow. That's the highest share since 2010
by Taylor Anderson Aug 23
After setbacks, Better goes public with plan to scale 'greater heights'
Following 2 years of challenges, Better will go public Thursday with $565M in new funding and plans to 'aggressively' partner with agents as it builds its mortgage production team
by Matt Carter Aug 23
Court rules Zillow falsely labeled REX listings as case heads to trial
Despite the ruling, Zillow said it looks forward to presenting its case to a jury and is 'confident that the evidence will show that REX’s business failed for reasons unrelated to Zillow'
by Andrea V. Brambila Aug 22
Redfin’s return to office shows unique stress for US office market
Experts expect US companies to adjust remote work policies in the coming 6-12 months as office market suffers. 'Our cultures are different around work-life balance,' said CBRE's Julie Whelan
by Taylor Anderson Aug 22
Kmart down to 2 locations, including 1 in haughty Hamptons
The town of Bridgehampton, where the median home price is $3.8M, is home to 1 of just 3 remaining Kmarts. Soon it will be 1 of 2, according to reports
by Taylor Anderson Aug 18
REX antitrust claims against NAR and Zillow dismissed with prejudice
Judge Thomas Zilly on Wednesday tossed antitrust claims against NAR and Zillow, saying REX had failed to prove the parties had agreed to work together to disadvantage non-MLS listings on Zillow
by Andrea V. Brambila Aug 16
Housing starts inch up in July as builders scramble to meet demand
Housing starts increased 3.9% between June and July to a seasonally adjusted annual rate of 1.45M units, according to data released Tuesday by the US Census Bureau
by Ben Verde Aug 16