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Compass approaching ‘critical’ cash burn: Mike DelPrete

USA Real Estate News-Inman - Wed, 2022-05-18 11:25
Compass is not in immediate peril, but it is approaching a critical juncture where it will either need to raise more money or reduce expenses, according to data expert Mike DelPrete.

Pacaso responds to backlash with first-ever economic impact report

USA Real Estate News-Inman - Wed, 2022-05-18 10:39
Almost a year after streamlining its buy box to avoid median-priced homes, co-ownership platform Pacaso claims it has had a net positive impact on the destinations it operates in.

Nashville-based Worth Properties LLC joins 30A’s Corcoran Reverie

USA Real Estate News-Inman - Wed, 2022-05-18 10:30
The addition of the Nashville-based brokerage to its ranks would help build on the existing affinity between the region and Northwest Florida, a press release stated. Corcoran also announced the affiliate has been named the official brokerage of the Tennessee Titans.

Construction starts dip as mortgage rates surged in April

USA Real Estate News-Inman - Wed, 2022-05-18 08:43
The slowdown in construction activity comes as the average for a 30-year loan rose to 5.3 percent last week, up from 2.49 percent a year ago, according to new data released by the US Census Bureau on Wednesday.
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