Real Estate Industry Overview & Trends
California-based Peg King and Jeremy King, who did $45M in volume last year, are joining LivXplore Real Estate & Lifestyle
The California Association of Realtors postponed the release of 21 forms this week after receiving feedback from members — and an inquiry from the US Department of Justice
Fathom Holdings beefs up title coverage in 3 states with 'strategic addition' to geographic footprint by acquiring 9-person title agency with offices in Utah, Colorado and Virginia
Sonoma County-based Rob Sullivan most recently worked at Vanguard Properties and spent several years at Coldwell Banker before that
NFM Lending is the first to take advantage of Knock API integrations, which let loan officers know if homebuyers can tap the equity in their existing home and buy before they sell
After a judge previously dismissed Sanford and eXp from the case, the woman behind the suit is seeking to more clearly connect them to the misdeeds of now-former agents
Card issuer Wells Fargo is losing as much as $10M a month as it eats interchange fees for users who are paying off balances after paying their rent, 'The Wall Street Journal' reports
While the buyer-needs portal has been in the works since the Great Recession, the proposed NAR settlement could help boost the value of the company's model
Pending layoffs of 420 Newrez employees in Colorado and 53 workers in Florida follow $1.4B in acquisitions as parent company Rithm seeks to diversify beyond mortgage lending
Cash-offer pioneer Flyhomes will partner with agents to expand nationwide after acquiring AI technology from ZeroDown and hiring co-founders Laks Srini and Abhijeet Dwivedi
Vicky Yu closed more than $63M in sales last year. Her move to Coldwell Banker comes as brokerages continue an intense competition for top talent
Hal Bennett is based in the Seattle metro area. He joins Compass as brokerages continue to compete for top agent talent
Eric Elfman previously founded Onit, which focuses on artificial intelligence and workflow automation. Former MoxiWorks CEO York Baur is remaining on the company's board
Peter Knag joins the company in the middle of a rough real estate market, and when iBuying specifically appears to have lost some of its buzz
Homeowners can't sell a primary residence through Xome's seller portal without a listing agent, but they're welcome to hire an agent on their own or ask Xome to match them with one
JPMorgan Chase Bank has agreed to buy about $5B in mortgage warehouse loans from NYCB. Flagstar will continue retail and wholesale mortgage lending and servicing operations
The lender boosted mortgage volume 25% from Q4 but suffered a $51M loss, according to Q1 earnings data on Tuesday. CEO Vishal Garg said Better's future 'lies in Uberizing the loan officer'