3D tour giant Matterport makes its stock market debut

The company will begin selling shares via a SPAC merger at a moment when interest in 3D tours is surging — and when more competitors are inching onto Matterport’s turf. After months of waiting, 3D tour company Matterport is set to make its public debut on the stock market this morning, marking the latest example … Read more

More vacation home consumers willing to buy sight unseen

A new report from short-term rental management giant Vacasa shows that more than a third of vacation home buyers would considering picking up a property sight unseen, and that many consumers are looking to nab their first-ever vacation rental. The report specifically notes that in 2021, 37 percent of vacation rental home consumers were willing … Read more

Housing inventory shortage could ease later this year: report

The coronavirus pandemic has thrown the housing market into chaos, but a new report from tech firm and brokerage HouseCanary offers a glimmer of hope: The ongoing inventory shortage may improve later this year. The report is based on public data, such as that from tax assessors’ offices, as well as from the hundreds of … Read more

June home sales see largest decline since 2012: Redfin

Homes also sold at their priciest and quickest pace on record during June, but Redfin said that sales pace and market competition have now likely peaked for 2021. The housing market has been on a wild ride for the past several months, but a new report released on Thursday by tech-powered brokerage Redfin suggests that … Read more

All that glitters isn’t gold: When luxury real estate fails

Luxury residences offer a promise of refinement and pedigree to their residents. Elegant chandeliers, coveted balconies and other exclusive amenities are often just a few of the attractions that draw in buyers. But, it’s surprisingly not uncommon for luxury condos to later reveal glaring construction defects after the veneer has worn off. This alarming, yet … Read more

LGBTQ+ Real Estate Alliance teams up with Asian Real Estate Association of America

The two groups will work together to combat discrimination and increase homeownership rates at a time of renewed scrutiny on discrimination against Asian Americans. Just as the LGBTQ+ Real Estate Alliance passed its one-year birthday, it announced Wednesday that it struck up a new partnership with the Asian Real Estate Association of America (AREAA). The … Read more

Real estate shouldn’t ‘rush back to 2019’ as the pandemic winds down

Industry leaders said Wednesday that real estate, and multiple listing services in particular, have evolved during the pandemic — and will continue to do so in the future. Day 2 of Inman Connect is underway with an all-star lineup, including Opendoor’s Eric Wu, Keller Williams’ Wendy Papasan, and many more. Register now to watch the rest of … Read more

Connecting with Keller Williams’ CEO: On inventory and an IPO

The Inman community will gather virtually for Connect, June 15-17. It’s a powerhouse lineup of speakers, and our focus is on the New Normal: what business looks like on the other side of the pandemic. Let this conversation with one of our June Connect speakers serve as an appetizer, and don’t forget to grab your ticket … Read more

Inman Handbook on building teams in a new world

This June, Inman’s editorial theme is Teams — we’re going to go deep on what it takes to grow your team amid this intense seller’s market. And if you’re not already a subscriber to our Teams Beat email newsletter, sent every Thursday, sign up now. The past year has been dominated by isolation. Thanks to … Read more

More than half of all renters are planning a post-pandemic move

Renters surveyed by property management software company Entrata cited cost and space-related reasons as their biggest impetus for moving over the past year. Property investors rode a wild wave during the pandemic, with the short-term rental market stopping, then restarting, and property prices in many second-home markets soaring. What does the future hold for new … Read more

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