New York
Roofstock ramps up iBuying, even with tenants in place
UPDATED January 28, 2022, 4:09 p.m.: Despite Zillow’s iBuying fiasco, other companies are still pursuing the strategy, each with...
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Cordilia James
Howard Lorber’s $1.8M salary at Elliman offset by Vector pay cut
As CEO of newly spun-off Douglas Elliman, Howard Lorber will receive an annual salary of $1.8 million, a recent...
Issue
Cashed out: Nonwhite homeowners denied access to refi bonanza
What’s a whitewash worth? In the case of Indiana homeowner Carlette Duffy, about $150,000. For Marin County, California, couple...
Residential brokerage shares take a hit in first week of 2022 trading
The new year is off to a rocky start for some of real estate’s biggest publicly traded residential brokerages,...
Judge denies motion to dismiss broker commissions lawsuit
In the quest to explain why home sale commissions are consistently high, it turns out conspiracy theorists could be...
Goodbye Vector, hello public: Douglas Elliman makes NYSE debut
UPDATED, Dec. 30, 11:15 a.m. — Douglas Elliman started trading on the New York Stock Exchange Thursday morning, marking...
November US home contract signings drop. Yes, drop.
Pending U.S. home sales slipped last month as prices remained high and supply continued to dry out. Home contract...
Realtor.com nixes crime map in effort to promote fair housing
Home shoppers viewing listings on Realtor.com might notice something missing: The website has removed the crime map layer from...
Issue
CoStar comes home to play
For CoStar, 2021 has been a wild ride. The commercial real estate data giant kicked off the year by aggressively pursuing, then abandoning, a bid to acquire residential property intelligence firm CoreLogic for over...
Cash-out mortgage refinancing hits 14-year high
As home values continue to climb, owners eager for extra cash are seeing their dreams come true. Borrowers extracted...