Resources

US housing market posted record-setting value growth in 2023

Feb 28, 2024

Despite slowing sales, the value of the U.S. housing market experienced record-breaking growth in 2023, according to Redfin's latest housing report. The total value of 90 million U.S. homes rose from $45.1 trillion in December 2022 to $47.5 trillion in December 2023 — a 5.3 percent annual difference.

Homebuyer mortgage demand down for 5th consecutive week

Feb 28, 2024

With mortgage rates hovering above 7 percent, requests for purchase loans were down by a seasonally adjusted 5 percent week over week and 2 percent lower than a year ago.

Cloze, marketing platform MAXA Designs announce integration

Feb 28, 2024

Cloze, a provider of artificial intelligence driven solutions for business development and growth, has formed an agreement with marketing technology company MAXA Designs.

Beverly Hills spec mansion nets $30.1M in discounted sale

Feb 28, 2024

The property, sold by developer Adnan Sen, first hit the market for $39.9 million in 2020. It includes a nine-bedroom main house, one-bedroom guesthouse, a pool and a 10-car gallery garage.

Buyer agency contracts riddled with ‘unfair’ terms, CFA declares

Feb 28, 2024

The Consumer Federation of America, a watchdog group, examined 43 contracts from 37 states, most from state or local Realtor associations, and found practices it believes worthy of scrutiny.

Energized by AI, brokerage leaders eye big tech spend in 2024: Triple-I

Feb 28, 2024

Nearly 70 percent of brokerage leaders who responded to the latest Inman Intel Index earlier this month expect to invest in technology in 2024, with many now saying artificial intelligence is top of mind.

9 powerful leadership phrases that will transform your team

Feb 28, 2024

These nine pivotal phrases, when articulated daily, can significantly enhance your leadership impact, consultant Chris Pollinger writes.

Describe your biggest marketing flop (and what you learned): Pulse

Feb 28, 2024

From the outdated to the silly to the poorly implemented, what marketing schemes have flopped in your business?

Redfin’s focus on cost-cutting begins to pay off in Q4 earnings

Feb 27, 2024

Redfin continued its recovery during the fourth quarter, with revenue declining 2 percent year over year to $218.1 million — a near 180 from its Q1 and Q2 showings where annual revenue declines topped 20 percent. 

Mark Willis takes aim at Anywhere in ‘State of the Company’ remarks

Feb 27, 2024

In his first Family Reunion address since returning as CEO of Keller Williams last year, Mark Willis called on agents to rise up and topple Anywhere, the world's largest real estate franchisor.

Compass lifts agent count in Q4 but falls short of positive cash flow

Feb 27, 2024

The fast-growing brokerage also suffered a net loss of $83.7 million in the quarter, which was an improvement compared to the loss one year earlier.

LeFrak sues NYC housing court as evictions slow to ‘surreal’ crawl

Feb 27, 2024

The LeFrak Organization claims that the courts have failed in their duty to hear housing disputes efficiently and fairly.