Move Inc. sees revenue uptick fueled by lead gen and referral businesses
Realtor.com parent Move Inc.'s revenue rose 9% year over year, which was less than the gains the company saw during the previous two quarters, according to an earnings call Thursday
by Jim Dalrymple II Feb 3
Renovation startup Curbio raises $65M in Series B
Curbio's tech platform streamlines home repairs and only collects payment when a property sells. The company plans to use its new cash to expand its technology and geographic reach
by Jim Dalrymple II Jan 18
I worry about higher mortgage rates — and other stuff
Opinion
'When all the experts unanimously agree, it makes me nervous,' Inman Publisher Brad Inman writes. 'I'll never forget the careless chorus of experts pumping up the housing market in 2008.'
by Brad Inman Jan 7
Meet Tim Heyl: Team leader, CEO and Inman's 2021 person of the year
Heyl's rise as an agent and CEO of Homeward has been exceptional. But that isn't all he's done. Inman spoke to Heyl on his remarkable success as he sets his sights on the new year
by Jim Dalrymple II Dec 29
Zillow sees revenue tick up as tension mounts over iBuyer fallout
The popular portal raked in $1.7B during the third quarter of 2021, though it also lost $328M — much of it from iBuying
by Jim Dalrymple II Nov 2
Redfin CEO, Zillow pour cold water on TikToker's iBuyer theory
A recent viral video suggested iBuyers could jack up the prices of homes. But one expert called the theory 'fairly conspiratorial,' and iBuyers themselves said they still have a tiny share of the market
by Jim Dalrymple II Sep 23
Tomo's CEO on the mortgage industry: 'It's like going to the DMV'
During a conversation with Brad Inman at Connect Now, Greg Schwartz said 'mortgage is the catastrophe of the real estate transaction,' and shared how Tomo is changing that
by Lillian Dickerson Sep 21
Opendoor reports $1.2B in revenue, beats expectations in Q2
The iBuyer also experienced a loss of $144M between April and June and sold a total of 3,481 homes
by Jim Dalrymple II Aug 11
What agents should know about working with institutional investors
Formerly a commercial real estate agent, Dan Noma, Jr. has focused his work on institutional investors for more than a decade. Here, he shares what he’s learned and why agents should consider this sector of the industry
Blackstone shells out $6B to re-enter rental market
Blackstone Group Inc. has reached a deal to acquire single-family rental home company Home Partners of America Inc. for $6 billion in cash after a competitive bidding process
by Lillian Dickerson Jun 23
Lumber prices finally drop and the stockpilers prepare to sell
After soaring lumber prices fueled conspiracy theories this spring, and challenged homebuilders faced with an inventory shortage, prices are starting to come down
by Lillian Dickerson Jun 15
Opendoor bounces back in first quarter after pandemic-driven downturn
The beginning of 2021 was better for the iBuyer than the end of 2020, though it still has a ways to go before reaching its pre-pandemic levels
by Jim Dalrymple II May 11
Redfin reports $268M in revenue in first quarter, 40% jump over same period last year
CEO Glenn Kelman said Wednesday that the company is 'just about hitting on all cylinders' after hiring more agents and lenders
by Jim Dalrymple II May 5
Zillow has most profitable quarter ever — again
The online giant brought in $1.2B in revenue during the first 3 months of 2021 and made $52M in profit. The company also saw unique monthly web users jump 15 percent year-over-year
by Jim Dalrymple II May 4
Spencer Rascoff: iBuyers not to blame for supply shortage
The former Zillow CEO touched on iBuying, real estate companies going public and 'global asset inflation' during a discussion at Connect Now
by Jim Dalrymple II Apr 20