TechT3 Tech Summit: How technology can simplify real estate transactionsSpeakers and vendors at the inaugural event focused on tech solutions that add value for real estate professionals.Dave Gallagher, Stephanie Reid-SimonsNovember 2, 2022
IndustryOpendoor lays off 550 workersAhead of their third-quarter earnings release, founder and CEO Eric Wu announced companywide layoffs that will cut the workforce by 18%.Linda F. HerseyNovember 2, 2022
By the NumbersThe Fed raises interest rates again — will mortgage rates go even higher?The Federal Reserve raised the key interest rate by .75% Wednesday, the sixth consecutive rate hike this year.Linda F. HerseyNovember 2, 2022
BrokerageseXp reports a 12% increase in revenue despite rocky real estate marketCEO Glenn Sanford says he’s pleased by the company’s performance this quarter, but believes the industry will continue to struggle amid high interest rates.Andrea HamiltonNovember 2, 2022
BrokeragesCEO Ryan Schneider sees Anywhere thriving in ‘good and challenging times’Schneider, who has led the company since 2017, explains why he is bullish about the future despite turbulence in the economy.Linda F. HerseyNovember 1, 2022
TechAI expert: Artificial intelligence is 'taking over' — and that's OKRoboticist Ayanna Howard spoke about the present and future of AI across industries at the T3 Technology Summit. Stephanie Reid-SimonsOctober 31, 2022
IndustryWith extreme weather on the minds of buyers, where are the climate havens?As natural disasters become more costly and more frequent, climate risk is likely to have an increasing impact on homebuying decisions.Dave GallagherUpdated November 2, 2022
Agents5 ways agents can help with home inspectionsHome inspectors don't want to be "the bad guy." They offer tips for agents to help their clients through the inspection process.Cheryl Reid-SimonsUpdated July 24, 2023
Agents4 common mistakes that sink new agentsMany people enter the industry without realistic expectations, but brokerages can do more to give their agents a leg up.Mary BooneUpdated July 5, 2024
BrokeragesFrom Austin to the Alps, Keller Williams expands globallyKeller Williams Worldwide leads a trend among U.S. residential real estate companies to grow operations internationally.Linda F. HerseyOctober 28, 2022
By the NumbersWill homebuying pick up in the spring?The return of typical seasonal buying patterns could signal a stabilizing market.Dave GallagherOctober 28, 2022
Agents‘You can’t build on water’: Coastal markets remain strongAgents in Washington and Florida see steady buyer demand due to geography, lifestyle factors.Alec HarveyOctober 27, 2022
By the NumbersWhen it comes to price per square foot, suburbs are movin’ on upFor the first time in 25 years, square footage is priciest in suburban areas.Dave GallagherOctober 27, 2022
By the NumbersFreddie Mac: Mortgage interest rate hits 20-year highThe average 30-year rate crossed the 7% threshold this week, the highest rate since April 2002.Dave GallagherOctober 27, 2022
BrokeragesAnywhere reports 17% revenue drop amid declining home salesCEO Ryan Schneider said the company’s strong balance sheet with a focus on cost reductions allows the company to grow in strategic areas during the slowdown.Linda F. HerseyOctober 27, 2022
By the NumbersWhere are the affordable homes? Scranton tops the listZillow looked at home values and median household incomes to come up with the 10 most affordable markets in the country.Dave GallagherOctober 26, 2022
IndustryPeople on the move: Promotions, appointments and new hiresSee who’s taking on new executive leadership roles across the real estate industry.Real Estate News StaffOctober 26, 2022
BrokeragesCompass founder Robert Reffkin vows: ‘I am all in’At the company’s annual agent event, Compass CEO Robert Reffkin touched on the challenging real estate market, declining stock values and what lies ahead.Linda F. HerseyOctober 26, 2022
MLS/AssnREdistribute’s revenue-sharing plan a 'turning point for the industry'The newly formed data company, a joint venture between Bright MLS and CRMLS, will start delivering content to clients in early 2023.Linda F. HerseyOctober 26, 2022
IndustryZillow announces another round of layoffsThe most recent Zillow layoffs come just ahead of the company's Q3 earnings release.Dave GallagherOctober 26, 2022