AI in real estate: The agent's guide to the ChatGPT revolution
Master the power and potential of artificial intelligence, and you'll position yourself for success in the years to come, trainer Terry LeClair writes
by Terry LeClair Jun 17
Zillow isn't backing down on remote work
At Fortune's Workplace Innovation Summit, Zillow Chief People Officer Dan Spaulding praised the portal's Cloud HQ and how it's boosted employee productivity and morale
by Marian McPherson Jun 6
Better's losses shrink as AI boosts 2024 loan volume, revenue
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
by Matt Carter Mar 19
LoanDepot shares slip on $67M Q4 2024 net loss, tepid Q1 outlook
While mortgage originations were up 34% from a year ago, to $7.2B, shares dip below 12-month low after company executives said they don't expect Q1 2025 lending to surpass $5.5B
by Matt Carter Mar 11
Zillow CEO lauds remote work as portal continues to slash space
The company’s 2024 10-K filing revealed it expects its leasing costs to drop by about $16M over the next 4 years and anticipates earning $26M in sublease income during the same period
by Marian McPherson Feb 13
LoanStream Mortgage exec arrested after fatal car accident
President of Irvine, California-based wholesale mortgage lender with history of drunk driving convictions arrested on suspicion of murder after 88-year-old man is killed in head-on accident
by Matt Carter Feb 3
LoanDepot boosts revenue, sells servicing to restructure debt
Pending $25M settlement of January cyberattack adds to $66M Q2 net loss, but executives say they're in a better position to grow after selling $29B in mortgage servicing rights
by Matt Carter Aug 6
CoStar Group revenue rises in Q2 as Homes.com bookings hit $55M
CoStar Group's revenue grew 12% YOY to $678M, according to Q2 earnings Tuesday. Traffic for the Homes.com Network of sites increased 73% YOY to 148M monthly average unique visitors
by Marian McPherson Jul 23
Asian & Pacific American Heritage Month is over, but the impact isn't
AREAA President Jamie Tian offers insight into the organization's efforts to fight barriers to homeownership and affordability
by Jamie Tian May 30
Here's who sank and who soared in Q1 2024 earnings
Real estate’s Q1 earnings are in. From CoStar’s revenue surge to Opendoor’s slump, we have all of the highs and lows
by Jessi Healey May 9
January cyberattack a $37M weight on loanDepot Q1 2024 results
In addition to $15M in direct costs, loanDepot says it lost an additional $22M in revenue while systems were down and clients couldn't lock, contributing to $72M Q1 net loss
by Matt Carter May 7
AREAA takes fight against Florida foreign buyer ban to court
The Asian Real Estate Association of America has filed suit against the State of Florida over Senate Bill 264, a controversial bill aimed at restricting foreign buyers' housing rights
by Marian McPherson May 6
LoanDepot trims 2023 net loss by 37%, retains 'strong liquidity profile'
As mortgage rates soared last year, loanDepot slashed $693M in annual expenses but saw loan origination volume plunge by 58% from the year before, to $22.7B, as refinancings evaporated
by Matt Carter Mar 12
LoanDepot hackers had access to Social Security numbers, DOBs
Hit by lawsuits, the lender is offering 24 months of free identity protection services and credit monitoring from Experian to 16.9M consumers affected by the January cyberattack
by Matt Carter Feb 27
Federal judges side with plaintiffs in Chinese buyer ban hearing
2 of the 4 plaintiffs who filed a lawsuit in November against Florida's foreign buyer ban have been awarded a temporary injunction that allows them to resume stalled transactions
by Marian McPherson Feb 6