Compass acquires 3,100-agent Gulf Coast giant Latter & Blum
Latter & Blum has been an indie for more than 100 years and today boasts more than 3,100 agents. The deal pushes Compass into Louisiana and Mississippi for the first time
by Jim Dalrymple II Apr 3
California legislator proposes $1.25B affordable housing bill
Rep. Adam Schiff announced The Affordable Housing Conversion Act on Tuesday, which allocates $1.25B over 5 years to convert government-owned buildings into affordable housing
by Marian McPherson Apr 2
'Million-dollar' cities have spiked to a new high in the US: Report
There are now 550 'million-dollar' cities in the U.S. compared to 491 last year. California is home to nearly half of them, according to a new Zillow analysis
Agents storm TikTok with flood of complaints after NAR settlement
Since Friday, real estate agents have been arguing on the video sharing platform that the recent commission suit settlement is likely to hurt both homebuyers and the agents who represent them
by Jim Dalrymple II Mar 19
3 multimillion-dollar mansions are at risk of sliding into the Pacific
Three mansions worth $12M to $16M are at risk of falling into the ocean after a post-storm landslide, sparking conversations about climate change and rising home insurance costs
by Marian McPherson Feb 14
Side CEO urges agents to reject negativity, lean into community
The CEO spoke out last week about the challenges of 2023 and the way agents can avoid falling prey to negativity even during tough times
by Jim Dalrymple II Feb 1
Meet the French baker behind California's big commission suit
Gael Fierro co-wrote a movie for Amazon Prime and ran a business selling cannelés before he decided to sue over the sale of his home in Los Angeles
by Jim Dalrymple II Jan 22
First Team Real Estate's new CEO has a 'billion dollar' goal for 2024
Ahead of Inman Connect New York this week, newly installed First Team Real Estate CEO Michele Harrington dishes on ambitious plans for 2024 and what she'll be talking about at ICNY on Tuesday
by Lillian Dickerson Jan 22
Midcentury modern gem in Palm Springs hits market for first time
The 1958-built property designed by architect Hugh Kaptur and later renovated by architect Albert Frey is hitting the market for the first time since its completion at $8.75M
by Lillian Dickerson Jan 11
Meet Inman's 2023 'Person of the Year': The Small Broker-Owner
Small brokers may not get as much attention as the big guys, but they make up the majority of the real estate industry's firms and manage to win David-and-Goliath struggles every day
by Jim Dalrymple II Jan 4
How cities and homeowners zoned themselves into a housing crisis
Los Angeles is one of many cities that dramatically reduced its own housing capacity over decades via a series of 20th century city planning initiatives, including homeowner-led downzoning efforts
by Jim Dalrymple II Dec 27
Can futuristic utopias solve our housing crisis?
People have been founding new cities forever. It turns out, however, that building a successful city from scratch is harder than it looks — and occasionally takes a millennium to complete
by Jim Dalrymple II Dec 27
New lawsuit accuses eXp of ignoring agent sexual assault
The suit accuses now-former eXp agents of sexually assaulting a woman and claims eXp failed to stop the 'abhorrent behavior.' It follows a similar case that began in February
by Jim Dalrymple II Dec 15
California latest state to sue MV Realty over 'predatory' contracts
California AG Rob Bonta filed a lawsuit against the embattled brokerage on Thursday, accusing it of taking advantage of struggling homeowners
by Ben Verde Dec 15
Will Q3 earnings keep real estate mired in a 'Groundhog Day' loop?
Real estate companies have been trapped in a repeating cycle of bad financial quarters. Will this latest round of earnings break the loop, or is the industry doomed to relive it?
by Jim Dalrymple II Nov 1