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Stewart Title parent buys Coldwell Banker Bain: The sale gives the company more resources and capital to expand and increase its competitive position in an ever-changing real estate industry. Read more
New York’s Douglas Elliman Brokerage to Spin Off as Public Firm: The spinoff — at a time when home-sale revenues are soaring — would free Elliman from Vector’s cigarette business, clearing a path for socially conscious investors who want access to real estate opportunities. Read more
Compass records $100M net loss in Q3: Brokerage plans to launch mortgage service earlier than anticipated. Read more
Opendoor, Offerpad Report Record Revenue for Third Quarter: Largest iBuying firms say they are forging ahead after Zillow’s exit. Read more
U.S. consumer prices jump 6.2% in October, the biggest inflation surge in more than 30 years: Energy, shelter and vehicle costs led the gains, which more than wiped out the wage increases that workers received for the month. Read more
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