real-estate News
Housing Market Tilts to Buyers in Decade-Long Power Shift, Redfin Says
A new report indicates the strongest buyer's market in over 10 years, signaling potential price pressure and headwinds for homebuilders amid high interest rates.
Opendoor settles algorithm lawsuit for $39M amid profitability concerns
The settlement adds to investor scrutiny as the real estate technology firm grapples with negative margins and a challenging housing market.
Kimco Realty Unveils $1.5B Dual Capital Strategy
The REIT is arming itself with a $750M share buyback and a $750M equity offering, creating maximum flexibility for growth and capital returns.
NSA Forms $350M Venture to Target Self-Storage Upgrades
The REIT is contributing $105 million in preferred equity for a 10% return, a strategic push for growth as the post-pandemic storage boom cools.
Fangdd Shares Surge Over 50% on Strong Revenue Growth
Chinese proptech firm reports a 45% jump in first-half sales, but swings to a net loss as margins tighten.
Opendoor Stock Surges on Surprise Jump in Home Sales
A 2% rise in July's existing-home sales data fuels investor optimism for the real estate platform, sending shares up over 11%.