Real Estate Industry Overview & Trends
Even with more inventory entering the market, homebuyers are struggling with elevated mortgage rates, NAR Chief Economist Lawrence Yun said, leading to fewer signed contracts
The companies settled in a case known as Hooper. Their settlements have been the subject of months of legal wrangling over allegations that they shopped around for the best deal
In notifying shareholders of its upcoming June 18 annual meeting, the company detailed $49.8M in restricted stock awards granted to 5 top executives over the past 3 years
Zillow will send warnings about non-compliant listings beginning May 28 but enforcement won't start until June 30. Agents will receive 2 warnings before their 3rd non-compliant listing is blocked
Lone Wolf began notifying customers of the popular customer relationship manager software's imminent shutdown 'a few weeks ago,' Lone Wolf CEO Jimmy Kelly told Inman exclusively
Lawsuit seeks class action status to represent Redfin shareholders, claiming they need more information about financial advisor's potential conflict of interest before June 4 merger vote
New Elevate program providing 'concierge-level services' to agents is off to such a strong start that Fathom executives have temporarily suspended guidance while they rework 2025 forecast
Texas Gov. Greg Abbott announced that he'd halted development on a Muslim mixed-use project in Plano. Developers said Abbott's investigations are unfounded and rooted in Islamophobia
Opinion
Many agents work with sellers to make presale updates or help buyers decide on a home because of its renovation potential. Trump's tariffs could make those pitches harder to land
Home loan giant boosts Q1 mortgage production by 7%, to $21.6B, and executives say plans to acquire Redfin and Mr. Cooper remain on track to close this year
Shares in Guild Holdings gain 10% as investors recognize $23.9M net loss for the quarter was driven by a $70M writedown in the fair value of Guild's mortgage servicing rights portfolio
The Investor Scoop brings over 25 contributors who will dive into a wide range of content but in a humorous way, from tax tips and tech tools to credit strategies to legal know-how
Company founder Anthony Hsieh returns to executive leadership team, says investments in technology, connections to real estate agents and homebuilders will help lender scale
Executives put a positive spin on prospects for growth, with loan origination volume up 17% from a year ago to $32.4B, with refi boom helping drive 5% increase in revenue to $613.4M
Bellevue, Washington-based Evergreen hires Wells Fargo and Bank of America veteran Andrew Leff as head of national business development and continues to expand beyond its regional roots
The campaign features McEntire advising would-be homebuyers in sitcom-like scenarios. It's also the largest such campaign in the portal's history
Agents can now have both a 'primary' sponsor and a 'co-sponsor.' People in both roles will get to collect money from eXp's revenue share program