Real Estate Industry Overview & Trends
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
The Kennedy family heir and presidential contender also argued Thursday at Inman Connect Las Vegas that democracy depends on people maintaining 'a posture of fierce skepticism'
A new draft seller contract that eXp Realty is distributing to its brokers and agents is largely consistent with a newly issued set of criteria from the Consumer Federation of America
A longtime thorn in Zillow's side, Left and Citron Capital LLC are accused by DOJ and SEC of profiting by taking positions in companies that were the opposite of what they told investors to do
7 executive hires in 2024 included Dana Abernathy, who will expand the company's mortgage servicing operations, and Mike Iorio, who is tasked with growing homebuilder partnerships
CFO Pat Theodora taking over as CEO after Iannitti, a pioneer of numerous paperless processes including eVault and eSign capabilities, died unexpectedly of complications from pneumonia
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
Industry veteran and DOORA co-founder Troy Palmquist has been promoted from eXp's director of growth to the VP growth and product marketing. Palmquist joined eXp in 2023
Former Fannie Mae and Freddie Mac chief executives Tim Mayopoulos and Michael DeVito are joining a newly formed advisory board in conjunction with funding round led by Khosla Ventures
Real estate marketing and technology company used by more than 400,000 agents nationwide hired AI startup executive Eric Elfman in June to replace founder York Baur as CEO
NAR's 2024 Membership profile shows the impacts of a difficult market on real estate professionals — many of whom are contending with issues related to affordability and inventory
The acquisition will allow Final Offer, a platform for managing and negotiating offers, to provide a 'transparent and straightforward experience when buying and selling a home,' executives said
After cutting nearly 500 jobs following Computershare acquisition, lender to eliminate another 277 positions in August, including senior executives in Colorado, Arizona and Florida
A proposal would expand an existing rule and give the 'Committee on Foreign Investment in the United States' power to review real estate sales near 56 military installations in 30 states
The owners of the 16th largest MLS in the country plan to sell to a title company executive. Now, an agent and local leader has received a cease and desist letter over her criticisms of the deal
An independent brokerage and a former Century 21 franchise just switched affiliations to RE/MAX. The moves come during a time of intense competition for talent
Owners of the 16th largest MLS in the country plan to sell to a newly formed private company called MAZL that is run by a person identified only as J. Burks
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