Every Friday, we round up the most popular, most read, most critical stories of the week to give you a quick catchup on the big headlines you might have missed in the hustle and bustle of the workweek. Here’s this week’s Top 5 as chosen by our readers.
P.S. Don’t miss The Download, our weekly column that breaks down one of the week’s top stories and equips you with what you’ll need to meet next Monday head-on.
Rocket Companies hit with lawsuit alleging mortgage steering, RESPA violations
Three homebuyer plaintiffs sued Rocket Companies on Monday, alleging the company violated RESPA through its lead referral program for real estate agents.
Investor calls CoStar’s residential project a ‘fiasco,’ slams Homes.com spending
Andy Florance at Inman Connect Las Vegas, October 2021 (Credit: AJ Canaria ofMoxiWorks)
A major New York hedge fund has called on CoStar to divest or shut down its residential real estate business after heavy spending on Homes.com.
5 things buyers and sellers don’t care about (and what DOES matter)
When you stop making marketing about yourself and start making it about buyers and sellers, Jimmy Burgess writes, everything changes.
Douglas Elliman CEO on Compass-Anywhere: ‘From the outside, it looks like a mess’
Credit: Douglas Elliman and Canva
In an exclusive interview with Inman, the CEO discussed Douglas Elliman’s recent initiatives and criticized the Compass-Anywhere merger as bad for agents and the real estate industry.
Homebuyers canceled deals at their highest rate ever in December
Credit: Canva
Homebuyers in the U.S. canceled about 40,000 purchase agreements during the month of December — a record for any December dating back to at least 2017.
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