Resources

Annual inflation cools for 3rd month straight to 3.1%

Dec 12, 2023

The Consumer Price Index rose only 0.1 percent between October and November, 3.1 percent higher than a year earlier, suggesting interest rates will hold steady at this week's Federal Reserve meeting.

Simply Homes funded $22M to apply AI to home affordability crisis

Dec 12, 2023

Simply Homes applies a more proptech-oriented approach by using an artificial intelligence-generated performance model to determine what each property will require to reach livability and in time, profitability.

Major real estate players push back against Florida’s foreign buyer ban

Dec 12, 2023

Lobbying group the Real Estate Roundtable, which represents the interests of investors like Citigroup Inc., Blackstone, Related, Starwood and Wells Fargo & Co., is appealing to state legislators to amend Governor DeSantis' new, restrictive foreign investment law.

Adam Neumann’s secretive new apartment scheme is now live

Dec 12, 2023

The WeWork founder quietly scooped up $1 billion worth of apartment buildings near the peak of the multifamily housing market. His first building is now in lease-up. Here’s what we know.

The investor on a quest to buy 250 rentals near the US’s top schools

Dec 12, 2023

Sean O’Dowd and his partners are betting that they can generate healthy returns by buying single-family homes in the best school districts. So they're buying hundreds of homes in just 21 ZIP codes.

California homeseller who paid $50K in commissions files lawsuit

Dec 12, 2023

Christina Grace, a California resident who sold her home in Marin County, filed suit Friday against NAR, Compass and Keller Williams, among others, claiming she was stuck with hefty commissions.

DelPrete: Unprofitability raises questions about Redfin’s viability

Dec 12, 2023

According to Mike DelPrete, high debt, low cash and a lack of profitability in its business model call into question Redfin's current trajectory and its plans for the future.

Redfin expands commission-based model in Southern California

Dec 12, 2023

Redfin's new commission-based model, Redfin Next, is now available to agents in San Diego and Orange County. Agents will keep their W-2 status and benefits while getting commission splits of up to 75 percent.

Inflation posted a modest 0.1% increase in November

Dec 12, 2023

The Consumer Price Index rose 0.1 percent between October and November and was 3.1 percent higher than a year earlier, suggesting interest rates will hold steady at this week's Federal Reserve meeting.

Want to do more business? 5 tips for leading with kindness

Dec 12, 2023

Research shows that kindness can positively impact your business. According to luxury agent Nikki Beauchamp, incorporating kindness in your professional toolkit can pay dividends, both for others and for your own satisfaction.

Cloze teams with design platform Canva for seamless listing magic

Dec 12, 2023

Cloze is the first application in its category to integrate with the web-based graphic design platform Canva, the customer relationship management platform revealed exclusively to Inman.

Inman expands awards program to honor future leaders, AI trailblazers

Dec 12, 2023

Public nominations are now open in four awards categories for 2024, including a slate of new honors designed to spotlight achievements in artificial intelligence and recognize real estate's emerging leaders.