The pressure of even more activist investors does not appear to be enough to cause CoStar Group to change its stance on Homes.com. The Andy Florance-led firm responded to a letter sent by activist investors at D.E. Shaw & Co., LP. in a press release on Thursday, in which the company reiterated its commitment to…
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Offsite construction is often hailed as the panacea for housing shortages and labor constraints. In practice, it faces the realities of a cyclical, regional business. Builders who buy these companies outright often end up tying capital to rigid factories that can’t flex with demand. Recent experiences at PulteGroup and Veev make this clear. Why is…
When ChatGPT launched, Tom Ferry coach Jason Pantana saw agents react to artificial intelligence (AI) the same way they once reacted to social media — with curiosity, fear and shiny-object syndrome. Some agents proudly announced they’d “used ChatGPT,” while others were quietly convinced they were already behind. Pantana, the co-founder and CEO of AI Marketing…
Lawmakers in Illinois are reestablishing their position in the real estate industry’s private listings debate. On Wednesday, State Representative Lillian Jiménez introduced a bill into the state’s House of Representatives seeking to amend the state’s Real Estate License Act of 2000. Rep. Jiménez sponsored a similar bill that was introduced in February of 2025. However,…