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Zillow continues to bank on the prospect of its “housing super app” as the firm records a net income loss of $53 million in Q3.

Pacaso, a luxury second home co-ownership proptech company, launched its Pacaso Second Home Specialist Certification program to help agents.

As the market slows agents are leaving the brokerage, but eXp executives are confident they will attract top-level talent.

Real estate brokerage Engel & Völkers released a report showing eight markets in the U.S. that are attracting homebuyers from coastal markets.

If you’re leading people into this new year, I would encourage you to shift your mentality from busyness to purpose, and from management to presence. Management is 90% presence and 10% strategy. If you know how your people operate and how they are doing, you’ll know exactly how to encourage them to their full potential; otherwise, you’ll spend the majority of your time guessing.

It’s more important than ever for brokers to work as efficiently as possible to submit offers fast and close quickly. So with efficiency in mind, what should brokers look to digitize?

Opendoor announced on Wednesday that it is laying off 550 employees, or about 18% of the company, due to the challenging real estate market.

Temporary rate buydowns are not new, but many loan officers may not be familiar with the option. Historically, periods where they gain popularity can usually be attributed to surging rates. 

Given the market upheavals in the years since the COVID-19 pandemic, looking forward and analyzing trends is more important than ever. We’ve combed the report to bring you the highlights and can’t-miss information that will impact your business in 2023. 

Sometimes, affordability has nothing to do with a home being affordable. Regardless, there are steps we must take immediately to fix the housing affordability issue.