Mortgage payments shoot past their 2007 highs — and at faster pace
Rising home prices don't always mean higher monthly payments. But as the pandemic-era market wears on, buyers are increasingly feel the squeeze
by Daniel Houston Feb 25
No, you don’t need the crime statistics. Here's why
Opinion
Hard numbers don’t mean much when it comes to the complexity of criminal behavior and its effect on neighborhoods and home values
by Christy Murdock Feb 25
Opendoor revenue rises more than 1,400% in Q4, but losses mount too
The iBuying giant earned $3.8B in revenue between October and December last year. The latest numbers highlight the uniqueness of Opendoor's growth strategy
by Jim Dalrymple II Feb 24
Watch the throne: Social media dumps on Illinois listing’s gold toilet
An Illinois home's gold toilet has stirred the social media pot this week. The five-bedroom, five-bathroom home is asking $799,000
by Ben Verde Feb 23
Offerpad turns a profit and tallies a revenue spike in Q4
The iBuyer earned a profit of nearly $13M during the final 3 months of 2021 while also beating revenue forecasts, according to a Q4 earnings report issued Wednesday
by Jim Dalrymple II Feb 23
Q4 reveals strong growth for iBuyers, Power Buyers: zavvie
IBuyers and Power Buyers finished 2021 in a strong position, even amidst a low-inventory, competitive market that just wouldn't quit, real estate tech company zavvie reported
by Lillian Dickerson Feb 22
CoStar's residential business makes inroads in Q4 as revenue climbs
The commercial real estate giant earned $75 million from its residential ventures, according to a fourth-quarter earnings call, suggesting its rivalry with established players will continue
by Jim Dalrymple II Feb 22
CoStar faces high turnover, criticism from ex-employees: report
Former employees criticized the data giant and rising Zillow rival in a new report from Business Insider that claims the company saw 37% of its workers leave in 2021
by Jim Dalrymple II Feb 22
Inman Top 5: The biggest stories of the week of Feb. 12-17, 2022
Catch up quickly on the most significant stories of the week, as determined by Inman readers. Here's this week's Inman Top 5
by Inman Feb 18
Zillow's plan to double agent business by 2025: The Real Word
Opinion
This week: Byron Lazine and Nicole White weigh in on Zillow's 3.0 strategy, home value predictions for 2022 and Rocket Mortgage's Super Bowl collab with Barbie
by Byron Lazine Feb 18
News Quiz: Do you know the biggest stories for the week of Feb. 13?
Compass, Realogy and Redfin all posted earnings reports this week. Test your knowledge of the biggest stories — and quarterly wins and losses — to see if you're up to date on the industry
by Inman Feb 18
Redfin revenue soars 163%, even as losses return in Q4
The company's plan to broaden its revenue sources made progress, with title, mortgage and iBuying offerings on track to generate profits, CEO Glenn Kelman said
by Jim Dalrymple II Feb 17
Redfin CEO: 'We probably waited too long to build a national brand'
During Inman Connect Now, Redfin CEO Glenn Kelman also noted that there is pressure on agent commissions right now, and expressed support for the MLS system
by Jim Dalrymple II Feb 17
How iBuyers, Power Buyers can be a Cinderella story for homebuyers
When agents truly care about their customers, they can't be afraid of trying new things, Jackie Soto, broker at eHomes, told Brad Inman during an Inman Connect Now panel on Thursday
by Lillian Dickerson Feb 17
Record number of cities named as 'million dollar' markets in 2021
The addition of 146 cities, the most in a single year, brought the total number to 481, according to data released Wednesday by Zillow. Another 49 are expected to earn the designation this year
by Ben Verde Feb 16