An epic fall from grace: Realogy’s total stock collapse

NRT CEO Ryan Gorman is heads down, using big data to figure out how to get out from under commercial leases, reducing the biggest expense of most broker-owners: office space provided to house weak agents. They are also shedding more and more poor performing agents, I am told — something most brokers are afraid to do.

An epic fall from grace: Realogy’s total stock collapse

NRT CEO Ryan Gorman is heads down, using big data to figure out how to get out from under commercial leases, reducing the biggest expense of most broker-owners: office space provided to house weak agents. They are also shedding more and more poor performing agents, I am told — something most brokers are afraid to do.

Opendoor CEO used scholarship cash to become big landlord

CNBC profile explored the personal experiences that led Eric Wu to found Opendoor, an iBuyer based in San Francisco valued at $3.8 billion.

Famous California ‘Murder Mansion’ hits the market for $3.5M

The Los Feliz mansion, where cardiologist Harold Perelson once killed his wife with a hammer in 1959, is up for sale for $3.5 million.

KW, Realogy, RE/MAX and HomeServices slap back at ‘bombshell’ antitrust lawsuit

The big residential brokerage franchisors and holding companies filed a motion on May 17 to dismiss the class action lawsuit filed by homeseller Christopher Moehrl seeking to upend the traditional commission structure in the real estate industry. 

Amazon HQ2 sent home prices skyrocketing in VA neighborhood

Six months after Amazon said it would build a major office in Arlington County, Virginia, home prices in the area have risen by $110,000.

Connect Las Vegas: Throwback to Compass and Realogy CEOs sharing their vision

At the Inman Connect New York 2019 conference, Realogy CEO Ryan Schneider and Compass CEO Robert Reffkin took to the stage to discuss their differing visions for the residential real estate market going forward.

SEC charges real estate developer with fraud in Ponzi scheme

The U.S. Securities and Exchange Commission filed an emergency action Thursday against New York State real estate developer Robert Morgan.

Mortgage rates hit yearly lows

Mortgage rates continued to slide downward this week, reaching a new yearly low of 4.06 percent on a 30-year, fixed-rate mortgage.

New-home sales drop from March but are up annually

Sales of new single-family homes dropped 6.9 percent from March to April but are up 7 percent year over year, according to the latest data.