Signature becomes 2nd major real estate-focused bank to fail
Signature was the largest commercial real estate lender in New York City by transaction volume and third-largest by volume since January 2020, according to PincusCo
by Taylor Anderson Mar 13
Monthly homebuyer payments just hit all-time high as spring arrives
The typical monthly payment rose to $2,563 this week despite home prices that were down 1%, according to data on Friday. That’s the highest monthly payment on record, up 29% from last year
by Taylor Anderson Mar 10
4 more US senators call for DOJ probe of RealPage over rent hikes
Sens. Elizabeth Warren, Bernie Sanders, Tina Smith and Edward Markey say they investigated rental data firm RealPage and call for more scrutiny of the company’s role in rent growth
by Taylor Anderson Mar 8
Forget Flow: These 'Rental Rewards' disruptors already flooded the zone
Former WeWork CEO Adam Neumann is getting into rentals and property management with his latest effort, Flow. But these renter-reward companies are already flooding the rental sector
by Taylor Anderson Mar 7
Egypt Sherrod is married to real estate. But that's only half her story
Inman's inaugural Influencer ran from real estate as a kid because it was all her family talked about. But with 4 TV shows, a podcast and a team under her belt, she lives and breathes it in 2023
More than half of all renters have at least 1 pet, Zillow finds
Renters are searching for pet-friendly homes and Austin, Dallas and Fort Worth, Texas, are the pet-friendliest cities in the US, according to a new report
by Taylor Anderson Mar 6
Investor activity slows, still makes up 1 in 4 homes sold in US
New data from John Burns and Redfin shows that investor activity slowed toward the end of 2022 but still accounted for about 1/4 of home sales. That's up from about 11 percent in 2001
by Taylor Anderson Feb 28
After clamp down in Park City, Pacaso gets a big reprieve in Utah
A bill moving swiftly through Utah's Legislature would prevent cities and counties in the state from placing restrictions on co-owned homes. The reversal is a big win for Pacaso and its rivals
by Taylor Anderson Feb 28
New York’s luxury office towers attract employees back to work
Latest report from the Real Estate Board of New York finds Class A office buildings have higher occupancy rates with implications for the rest of the nation
by Taylor Anderson Feb 27
Matterport Q4 revenue grows to $41.1M in test of value in a downturn
Matterport earned $136.1M in 2022, which wasn't enough to offset $26.5M in losses for the final 3 months of 2022 and $116.6M for the year, according to the company's latest earnings release on Wednesday
by Taylor Anderson Feb 22
Beyond REITs: 6 ways to invest in real estate without much cash
Here are six methods for investing that don't require a large initial investment, for those who don't have $50,000 or more lying around
by G. Brian Davis Feb 21
Ex-rivals Opendoor and Zillow debut new partnership in Atlanta, Raleigh
Homeowners in Raleigh and Atlanta can ask for a cash offer from Opendoor and get an estimate from Zillow about what their home might sell for on the open market
by Taylor Anderson Feb 15
Airbnb notches first profitable full year as demand surges, rates fall
The short-term rental platform posted $1.9B in profits and $8.4B in revenue in 2022, a 40% surge from 2021, according to executives during a full-year and 4Q earnings call Tuesday afternoon
by Taylor Anderson Feb 14
Three years into COVID, landlords grapple with what to do about rent
Leniency or government protections often kept rent below market rate and prevented evictions. Three years into the pandemic, property managers are deciding how to move forward
by Taylor Anderson Feb 14
Presale renovator Revive acquires HomePrep as it eyes the East Coast
Revive has acquired HomePrep outside of Washington, DC, in a continued nationwide expansion, executives told Inman exclusively. The company adds value with no upfront cost to homesellers
by Taylor Anderson Feb 14
Everything we know about WeWork founder Adam Neumann’s Flow
Five months after scooping up a $350M check from venture capital firm a16z, former WeWork CEO Adam Neumann shares details of his mysterious new real estate company
by Taylor Anderson Feb 8