REX General Counsel Michael Toth did not directly confirm REX was closing, but blamed NAR and Zillow for the death of its business model and said its suit against both would continue
Despite booming revenue, the steep increases weren’t enough to make the short-term vacation rental platform profitable to start the year, reporting a net loss of $56M
Nearly 45% of homes in the country were considered equity rich, up from 41.9% in the fourth quarter. But the rising values are creating barriers for first-time buyers
Executives say layoffs will save the company about $30M a year and help it bring its technology to bear on purchase mortgages
The widely recognized industry leader will be charged with leveraging her decades of expertise in real estate sales, technology development and leadership to push proptech into the future
Demand for purchase mortgages increases for a second week in a row, but borrowers are increasingly turning to adjustable-rate loans
RealScout has won the summit's $25,000 award. The platform will be added to Realogy's Open Ecosystem, which enables the brand's affiliated agents to use RealScout, among other vendors
The price of lumber took a big dip to start the week, just the latest unexpected shift in the cost of building a new home
Rising sea levels have swallowed multiple homes on the vacation hotspot known as the Outer Banks, including 2 this week. On Twitter, the calamity was used as a cudgel against Zestimates
Opinion
Given how slowly change takes place in the real estate industry, any change in compensation may be years off. On the other hand, if the DOJ were to force the end of the shared compensation, the industry will have to scramble to shift to an entirely new environment
The Silicon Valley home where a young Mark Zuckerberg, Dustin Moskovitz and Sean Parker gave birth to the social media network — now known as Meta — has listed for $5.3M
The property sits on a 59-acre estate in the Belle Meade neighborhood of Nashville, one of the priciest neighborhoods in the city
Buyout offers to approximately 2,000 workers are expected to save nation's biggest mortgage lender roughly $180M per year, according to a Q1 earnings call on Tuesday
Online mortgage marketplace focused on homebuyers has doubled its headcount over the last year to 70, as it continues to pursue a goal of serving homebuyers nationwide
The company is rolling out changes to how guests filter and search places to stay, which have implications for hosts looking to maximize guests in their rentals
