Opendoor board chair Rabois says company is 'bloated,' needs to cut 85% of workforce
Keith Rabois was named chairman of Opendoor this week and the company, which he co-founded, hired former Shopify executive Kaz Nejatian as its new CEO.
Keith Rabois was named chairman of Opendoor this week and the company, which he co-founded, hired former Shopify executive Kaz Nejatian as its new CEO.
With more than $12 billion under management, Realm is a multifamily office investment platform specializing in commercial real estate.
Former CEO Carrie Wheeler resigned last month following a pressure campaign from investors.
A sharp drop in mortgage rates to the lowest level since last year caused a spike in mortgage demand.
The in-migration of tech talent has a sizable impact on residential real estate, according to CBRE. Apartment rents have increased in all of the top AI tech markets.
A lot of would-be buyers feel priced out of the housing market. Getting a lower mortgage rate might help move the needle.
The mystery surrounding former Federal Reserve Governor Adriana Kugler's resignation has gained new urgency.
Mortgage rates plunged sharply following the release of a weaker-than-expected August employment report. Rates are now at the lowest level since October.
Economic uncertainty brought on by constantly changing tariff policy and persistently high inflation is taking a greater toll on the warehouse sector.
A long-time favorite of the rich and famous, Italy is now attracting a fresh influx of ultra-wealthy arrivals looking to make the most of la dolce vita.
President Donald Trump's housing finance chief Bill Pulte has accused Cook of claiming multiple properties as her primary residence.
BGO, a global real estate investment manager with $89 billion in AUM, is using artificial intelligence to transform its investment research models.
Lower mortgage rates did very little to move mortgage demand out of a rut it's been in for weeks. Potential buyers need much lower rates to make a difference.
Norway’s $2 trillion sovereign wealth fund will own a 95% stake in the property, marking its latest major real estate investment.
Manhattan office leasing increased more than 20% in August compared with July to 3.7 million square feet, according to a new report from Colliers.
A push to tax the real estate of the wealthy has sparked a backlash among brokers and potential buyers, who say the taxes punish the most important local spenders.
Massive ranches are commanding eight-figure price tags after hitting the market for the first time in decades or generations.
Redfin found 15% of contracts were canceled in July, the highest rate since it began tracking the metric in 2017.
President Donald Trump said he is removing Federal Reserve Governor Lisa Cook, citing allegations of mortgage fraud. Here's what to know about the issue.
JLL's Bid Intensity Index measures bidding activity in order to give a real-time view of liquidity and competitiveness in private real estate capital markets.
Mortgage demand barely moved last week. With no real change in mortgage interest rates, consumers have little incentive to refinance.
Rent growth in the student housing sector slowed to just 0.9% in July across 200 schools surveyed by Yardi.
"The state-owned developers will end up running the entire industry," Brian McCarthy, managing principal at Macrolens, told CNBC.
Lawyers to the rich share tips on how to pass down homes without sibling drama and a massive tax bill.
Fed Chair Jerome Powell hinted at potential interest rate cuts on Friday. If the slash materializes, experts say the move could be "good news" for mortgages.
President Donald Trump said Friday he will fire Federal Reserve Governor Lisa Cook if she does not resign from her position.
As mortgage rates decline, experts say it's smart for homeowners with high borrowing costs to prepare for refinancing opportunities. Here's what to know.
Inventory of existing homes is now at the highest level since May 2020 — and it's clearly taking the pressure off prices.
Just 30% of flippers reported "good" sales in the second quarter of this year compared to the seasonal norm, down from 38% in the same quarter of 2024.
Property prices in Tokyo's prime districts have soared, drawing political attention. Analysts say the legislative outlook for the market is uncertain.
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