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Compass poaches entire Coldwell Banker team

Los Angeles-based WSA Real Estate operates in the tony western half of Los Angeles. Team members are now decamping for Compass, which is not acquiring the entity itself. Source: click here

Missing girl found safe after Ring camera captures kidnapping

A missing girl whose kidnapping was captured on a smart doorbell camera manufactured by the company Ring has been found safe and returned to her parents. According to local news outlets, Salem Sabatka, 8, was walking on the street in Fort Worth, Texas on Saturday when a 51-year-old suspect drove up, grabbed her out of […]

Airbnb launches partnership with DNA testing company 23andMe

The partnership comes amid what Airbnb says is a rise in “heritage travel,” or trips people take to connect with their ancestors’ homelands. Source: click here

Is US government investigating MLSs and vendors for antitrust?

The Department of Justice is reportedly demanding CoreLogic and other MLS vendors hand over information related to buyer broker commissions. Source: click here

Inside the mass exodus at Purplebricks US

The U.K.-based discount brokerage launched in the U.S. in 2017 and has had a massive turnover in leadership roles in recent months. Source: click here

Meet the man behind the viral Amazon tiny home

The DIY homes have been reimagined as art galleries, chapels and Airbnb rentals since going viral last week. No one is more surprised than Allwood Outlet CEO Tapani Pekkala. Source: click here

Best friends 4ever? Redfin strikes deal with Zillow to list in 4 cities

Long-time rivals Zillow and Redfin have finally made peace — over one issue at least — and struck a deal that allows the former to directly host the latter’s listings in four U.S. cities. Source: click here

Existing-home sales dip in April

Existing-home sales for single-family homes, townhouses, condos and co-ops fell 0.4 percent from March to April and were down 4.4 percent year-over-year, according to the latest data published Tuesday by the National Association of Realtors (NAR). NAR Chief Economist Lawrence Yun, however, isn’t concerned about the dip in the sales and what it means for […]

Rent skyrockets in March — especially in the Southwest

Nationwide, rental rates continue to rise, particularly in the Southwest, according to the latest data from CoreLogic, released Tuesday. Rent for the average single-family home rose by 2.9 percent in March, up from 2.7 percent during the same period last year. Some pockets of the country saw more dramatic growth, such as Phoenix, which led all […]

HUD Secretary slammed for confusing REO with Oreo cookies

As the Secretary of the Department of Housing and Urban Development (HUD), Ben Carson is arguably one of the most powerful people in the U.S. when it comes to housing policy and regulations. So it came as an unpleasant shock to some lawmakers and political observers on Tuesday when Carson briefly confused REO, a term […]

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