Real Estate Industry Overview & Trends
The deal will see industry vet Russ Cofano exit the company. Current COO Margo Fraker will take over as chief executive of the company's B2B efforts
Fannie Mae has confirmed the dismissal of over 100 employees in connection with a fraud scheme aimed at its charitable matching program
Shares in cloud banking solutions provider hit a new all-time low after company posts guidance that revenue from the company's main line of business could shrink by as much as 7% this year
Berkeley passed a local law against rental algorithms last month. RealPage says the rule is unconstitutional and the result of 'an intentional campaign of misinformation'
A new survey shows that fewer agents want to recommend their job to others and that, in the wake of NAR's commission lawsuit settlement, more are dissatisfied with the trade group
Deal gives the nation's biggest provider of riskier 'non-QM' mortgages additional capacity to offer more traditional loans backed by Fannie Mae and Freddie Mac, FHA, VA and USDA
Fitch Ratings warns of potential dowgrade of Rocket debt rating if Redfin and Mr. Cooper deals close, while decline in share price suggests investors have doubts Mr. Cooper is worth $9.4B
Some respondents to Inman's Pulse survey seemed furious, while others were pleased, especially at the fact that CCP had been preserved. Still, multiple respondents simply expressed confusion
Ward Morrison will step down in June but serve as a consultant until the end of the year. He has helmed Motto Mortgage since 2016
A new website soliciting plaintiffs for a possible class-action suit against the Washington MLS asks homeowners if they've sold in the state and seen 'a price drop or significant days on market'
Top agents are winning a greater share of listings in the wake of NAR's commission settlement last year, with high-performers holding 42.64% of all listings, new data from tech firm Relitix shows
Activist investor Dan Gropper claims Cannae Holdings' 'vague and undifferentiated' approach to acquisitions and 'egregious governance practices' have cost shareholders nearly $1B
CEO Vishal Garg is optimistic about the future after cutting mortgage lender's annual net loss by 61%, to $206M, growing loan production by 19%, to $3.6B, and revenue by 50%, to $108M
Property insurance and home warranty provider announces 4 additions to its executive team to keep the momentum going after putting together 2 consecutive profitable quarters
The deal, which comes on the heels of its purchase of Folio parent company Amitree in 2024, aims to build on Inside Real Estate's consumer search, executives told Inman exclusively on Thursday
Fathom CEO Marco Fregenal says revenue growth from My Home Group deal and smaller brokerage walkovers has company on track to achieve positive adjusted earnings in Q2 2025
The industry veteran recognized for his expertise in scaling brokerage operations was named to the position in December 2022. The job shift is slated to become official as of June 1