Home prices hit new peaks in 30 of the 50 largest US markets: Black Knight

Home prices are going up across the country after slowing for more than a year, according to a new report from data and analytics company Black Knight.The report found that nationally, home prices in June rose by 0.67% month-over-month on a seasonally adjusted basis. Meanwhile, the annual home price
Read MorePop the champagne, Compass hits major financial milestone

After failing to achieve its goal of remaining adjusted EBITDA positive in 2022, analysts were unsure if Compass would make good on its most recent financial goal of becoming free cash flow positive in the second quarter of 2023. But the Robert Reffkin-helmed brokerage has proved the naysayers wrong
Read More‘Abandoned’ Bay Area land will be developed into housing

Encinal Terminals, a 32-acre plot of land that formerly operated as a shipping terminal on the north side of Alameda, California, will be developed into a new housing development in an effort to bolster the supply of one of the most expensive areas in the country. This is according to reporting at t
Read MoreJudge denies Zillow’s motion for summary judgement in the REX suit

Things are continuing to heat up in Zillow Group’s legal battle with discount brokerage REX Homes, as the September 18, 2023, trial date looms ever closer.On Friday, Judge Thomas Zilly, the U.S. District Court judge in Seattle overseeing the lawsuit, issued a minute order denying in part and deferri
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