Although the U.S. housing market may have slowed during the second quarter of the year, investors did not take their foot off the gas. The number of home purchases by investors rose 3.4% year over year in Q2 2024, the largest increase since Q2 2022, according to a report published Thursday by Redfin

One key data line flagging a path to recession is the loss of residential construction workers. The number of workers who build single-family and multifamily homes and do remodeling work tends to decline before every recession as higher interest rates negatively impact the economy through housing.Wh

Compass CEO Robert Reffkin wants to achieve a 30% market share in 30 major U.S. cities. A new acquisition will get it closer to that goal in Austin.The eight-person Prospect Real Estate Team is taking its talents to Compass, adding a group that’s produced $1.21 billion in sales since 2018.“Our team

The co-founders of Ribbon want to bring artificial intelligence to home transactions.Shaival Shah and Wei Gan launched a new startup this week called Indigo, which uses AI to run advanced search portals. The Indigo transaction platform automates and streamlines communications, bidding processes and