Power buyers became synonymous with cash offers during the first two years of the COVID housing market. Homeward's CEO shares what's next for the sector ahead of Inman Connect Las Vegas.

Compass, Inc. (NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced the appointment of Dawanna Williams to its board of directors effective July 1, 2022. Williams currently serves as Founder and Managing Principal of Dabar Development Partners. 

“We’re very excited to welcome Dawanna to Compass’ board of directors,” said Robert Reffkin, Founder, Chairman, and CEO of Compass. “Dawanna has more than 20 years of experience in the real estate industry and a background that spans both real estate law and business. Her extensive experience, combined with her strong community-driven values make her an invaluable addition to the Compass Board of Directors.” 

Dawanna Williams is the Founder and Managing Principal of Dabar Development Partners – a real estate development firm that offers modern living solutions with intelligent planning, architectural ingenuity, and environmental integrity. 

Williams has decades of experience in the real estate industry. In her current role, she guides projects that take advantage of her expertise as a legal and business pragmatist, community-driven values, and a passion for refined materials and design. Williams has led a variety of innovative projects, a number of which have earned recognition from New York City’s Department of Housing Preservation and Development and New York City’s Economic Development Corporation. Under her leadership, Dabar has completed construction projects in New York City, Philadelphia, and Atlanta.

“Compass’ success is driven by its focus on real estate agents. Investing in our industry, building tools and services real estate professionals need to grow their business, has enabled them to dramatically improve the residential real estate transaction,” said Dawanna Williams. “Their practical, solutions-driven approach to business coupled with their strong leadership team makes this position an ideal fit for me and I look forward to joining the Compass Board at this exciting time in our industry.”

A fledgling preservation group is urging the restoration of the long-suffering memorial lighthouse, but funds are scarce.

Funds are scarce for the restoration of the Titanic Memorial Lighthouse.

Artur'In automates marketing campaigns and content around new listings or team accomplishments and agent brands.

Housing could be made more affordable, according to broker Teresa Boardman. The problem? It's not in enough people's self-interest to do so.

Even though the market is cooling, low inventory will continue to drive competitive offers. Try these strategies to help them come out on top.

Fairmont Hotels & Resorts, part of world-leading hospitality group Accor, in partnership with Gregg Covin, a notable Miami real estate developer, today announced the signing of definitive agreements for the development and management of the first luxury private branded residential offering in the Blue Ridge Mountain region of North Carolina –   Fairmont Heritage Place – The Cedars, Hendersonville. Set to debut in 2025, the residences will build upon The Cedars’ legacy as a significant landmark while ushering in a new era of contemporary design, outstanding amenities, and engaging service infused with local culture and premier hospitality.

Fairmont Heritage Place – The Cedars, Hendersonville will join an exclusive collection of extraordinary Fairmont – branded residences worldwide, offering private ownership with the option to participate in a rental program. Owners will enjoy all the benefits of owning a home with singular access to luxurious amenities and world-class services at Fairmont’s legendary hotels and resorts.

“We are pleased to announce the addition of Fairmont Heritage Place – The Cedars, Hendersonville, the first Fairmont-branded residences in North Carolina. For over a century, Fairmont has been intrinsically tied to the communities the brand calls home and committed to the stewardship of landmark hotels, restoring and preserving historic buildings with great care,” said Heather McCrory, CEO, Accor North & Central America. “A rare opportunity to own a piece of one of the Blue Ridge Mountain region’s most celebrated national buildings, The Cedars will be the most luxurious branded residential offering in the state. We are proud to add The Cedars iconic landmark to our rapidly growing luxury portfolio and continue its legacy for years to come.”

Fairmont Heritage Place – The Cedars, Hendersonville, a 127-unit luxury residential community, is set to transform the mountain city that has become the preferred second-home destination for generations of South Floridians and Northeasterners, due to its central East Coast setting and friendly outdoor culture. The 3.55-acre development includes a magnificent restoration of the original Antebellum grand hotel, which sits on the National Register of Historic Places, as the focal point. Two new six-story, mid-rise buildings will be comprised of studios, 1-, 2-, and 3-bedroom units, and stunning penthouses, all with sprawling terraces and impressive mountain views. Prices are expected to range from USD $400,000 to USD $3.8 million.

The property will bring a new level of luxury, unforgettable experiences, and outstanding service to the Blue Ridge Mountain region known for its beautiful scenery, rich culture and history, and welcoming community. Situated two blocks from the historic Main Street, the residences will be the new home to many of the area’s five-star amenities, offering an exceptional cuisine and beverage program appealing to owners, guests, and locals, including a signature restaurant, a lobby bar, and a specialty café. Additional property features will include flexible meeting and events space; an expansive wellness center with a spa, multiple swimming pools, and a fitness center; a cooking school; a multifunctional family room; and retail space.  Residents and guests have access to a nearby private club with Tom Fazio-designed Champion Hills Golf Club.  All of the area’s popular destinations are located within a 30-minute radius of Hendersonville, including Downtown Asheville, The Biltmore Mansion, the Asheville Regional Airport, the Blue Ridge Parkway, and both Pisgah National and Dupont State Forests.

Stake, which offers banking services and cash rewards to renters for being proactive in their occupancy, has secured a Series A funding round of $12 million.

The second quarter of 2022 saw the affordability of the typical home purchase erode at the fastest pace in at least two decades.

The recent market shift has some real estate professionals responding out of fear. Instead, writes coach Todd Duncan, dig down and get in touch with the fundamentals to develop a service-oriented approach that will win the day.

In the wake of the worst two years of anti-LGBTQ legislation, the LGBTQ+ Real Estate Alliance calls on the National Association of Realtors and its lobbying arm, the Realtor Political Action Committee to stop funding local, state or nationally-elected legislators who support anti-LGBTQ laws.

Opendoor made over 2 million offers to curious homeowners in 2021, exponentially more than ever before. According to Mike DelPrete, this highlights the growing potential of Opendoor's top-of-the-funnel customer appeal — which is beginning to rival Zillow.

Well pleasant and green lands come with a magnetic appearance and offer many significant considerations. But the opportunities from traveling to find a new home and dealings regarding cost and purchasing can be overwhelming, especially when the distance and time are not on your side. Then it’s worth getting assistance from real estate professionals.

So if you want to know all about moving from the USA to the UK, keep on reading the valuable piece of information.

Seek the help of real estate professionals

Opting for the help of real estate professional advisors assists in the following aspects:

·        Find the accurate property

Would you buy a home you’ve never seen in person? That’s exactly what more and more home buyers are doing, thanks to changes in the real estate industry brought on by COVID-19, and the rapid development of sophisticated technology that makes shopping for a home through virtual tours a new normal. 

Virtual home tours are on the rise, in some cases replacing in-home showings altogether, for a number of reasons including convenience, safety, and efficiency. When COVID-19 arrived, home buyers quickly became accustomed to using virtual tours when restrictions made in-home showings impossible. Even as pandemic restrictions eased, travel bans caused difficulties for out-of-state buyers who had to rely heavily on real estate websites, virtual tours, and the boots-on-the-ground expertise of a local real estate agent. 

In addition, new developments in technology and software have dramatically reduced the cost of producing high-quality video. Virtual tours can now be filmed, edited, and produced on a smartphone and made available on the internet in a matter of minutes. 3D and 360-degree cameras that once cost thousands of dollars now cost hundreds, and there’s no shortage of apps available to realtors to create and manage an unlimited number of virtual tours.

Home buyers are increasingly relying on virtual tours as a starting point for a home search. Not having to tour multiple homes in person can eliminate stress from the process, and buyers who are still not comfortable meeting in person or traveling can feel safer. Buyers are also able to search more efficiently, using virtual tours to narrow down what they want and what they need without leaving home. 

Real estate innovations — from e-signatures, to live video conferencing to virtual tours — can streamline the home-buying process, even when a buyer isn’t there in person. 

The Citysnap real estate search portal includes homes for sale and rent in New York City. It also represents the latest chapter in a rivalry between CoStar and Zillow.

Schumer is said to be in contract to purchase 19 Cranberry Street in Brooklyn Heights after touring a number of other townhouses in the neighborhood.

Chapter 11 filing will allow the non-QM lender leeway to submit a plan of reorganization to keep its business alive and pay creditors over time.

The CEO of IBM, which employs hundreds of thousands of people, recently described remote work as "the new normal." And that translates to permanent changes to the housing market.

Venture MLS Fund Manager Art Carter: "CRMLS users, including listing-side agents, brokers, and office staff, have expressed a desire for a shorter, simpler listing input process."