Days after announcing it is no longer at risk of getting booted off Nasdaq, Opendoor reported its first quarter of adjusted EBITDA profitability in three years. Read More
Aperture Global, the luxury-focused brand that LPT Realty launched in May, is “a real part of the story” in the company’s growth, CEO Robert Palmer said. Read More
The iBuyer is no longer considering a reverse stock split to regain compliance with Nasdaq price requirements now that its stock has rebounded on its own. Read More
Growing concerns about the weakening labor market and inflation could impact the Federal Reserve’s next decision on interest rates. Read More
The national median sale price for single-family homes dipped to $410,800 in the second quarter, while the median price of existing homes rose to $429,400. Read More
July’s employment report suggests the labor market has been weakening for some time, which could prompt the Fed to cut rates in September — if inflation eases. Read More
The latest announcements on trade signal a period of continued uncertainty for builders and the economy. Meanwhile, NAR applauds two federal housing bills. Read More
Chris Heller brings his team to eXp; $10 billion duo joins LTP Realty; BHGRE firms merge in Connecticut; Tucson indie moves under United affiliate; more. Read More
From the Inman Connect stage to CNBC’s “Squawk Box,” the CEOs of CoStar, Realtor.com and Compass took hits at the home search giant this week. Read More
Merri Jo Cowen, who leads Florida’s Stellar MLS, will step down next year to focus on promoting global MLS practices. COO Shayne Fairley will take over as CEO. Read More