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Redfin in crosshairs as new lawsuit targets buyer-broker commissions
Offerpad Voices Optimism Despite Continuing Losses in Q4 2023
In a Q4 2023 earnings call Feb. 26, iBuyer Offerpad put a positive spin on negative news of a $15.4 million loss, down 23% from Q3 2023 and 87% down from a year ago, when the company lost $121.1 million. Offerpad’s overall 2023 net loss totaled $117.2 million, down from $148.6 million in 2022. “We…
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London's New Hotels Are a Reminder of the City's Perennial Allure - Condé Nast Traveler
Rent Prices Consistently Declining, Drop to Start the New Year
January saw median rents drop for the sixth straight month, with year-over-year prices down -0.3%, according to Realtor.com’s January 2024 Rental Report. Renters are experiencing much-needed relief, although prices are still 18.3% higher than pre-COVID. There is strong demand for rental units, and not nearly enough of them accessible in markets across the country. The…
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