Realtor.com operator sees revenue rise 10% in News Corp’s Q3 earnings
News Corp revenue rose 9% to $2.19B and net income rose 13% to $121M, while Move revenue increased 10% to $148M.
bp56691
AI agent aims to reshape how builders screen sites, spot deal risk
Warren Buffett, no stranger to the residential real estate business and to the incalculable role of homebuilding and development within it, is quoted as saying, “Valuing a business is part art and part science.” Buffett would appreciate the throughline from his broader mantra to its direct applicability to land valuation, a bulwark of any-sized homebuilding […]
Poll: Americans want Congress to act on lowering housing costs
A Bipartisan Policy Center poll of 1,000 registered voters found 83% want Congress to act on housing affordability, while 89% want the House and Senate to pass a bill lowering costs.
Huntington & Ellis rolls out Smart by h&e to support agents in deals
Huntington & Ellis launched Smart by h&e, an in-house AI trained on Nevada compliance to support contracts, timelines, and marketing.
After pushback, New Hampshire course-corrects pro-housing laws
Last year, New Hampshire lawmakers jumped on the bandwagon of state legislatures targeting a worsening housing shortage by mandating that local governments permit multifamily housing in commercially zoned areas. The effort sought to boost housing supply and improve affordability by stripping away local zoning authority. Local governments, true to the state’s “live free or die” […]
Mario Alvarez Jr. brings $1B+ track record to eXp Commercial
The company said Alvarez’s move reflects a broader trend among senior commercial real estate advisors toward greater autonomy.
Rocket beats earnings guidance with strongest quarterly profit in four years
Rocket Companies reported its most profitable quarter in four years as artificial intelligence initiatives, a larger servicing portfolio and recent acquisitions helped the Detroit-based firm grow market share despite a choppy mortgage backdrop.
Thomas James Homes’ new CEO details the firm’s go-forward plan
New CEO Steve Schlageter says Thomas James Homes will keep prioritizing premium single-lot infill where demand is steady and supply is limited. TJH is strengthening operations in current markets and expects growth to accelerate in 2027 to 2029.
Homebuyer aid broadens to middle class amid price pressures
Homebuyer assistance has moved far beyond the scope of poverty relief — growing into an economic strategy to preserve homeownership.
Sparks flare over Florida law to target idle golf courses for housing
A bill overriding local zoning authority to allow housing on idle Southeast Florida golf courses drew little public attention during Florida’s legislative session. When the Infill Redevelopment Act passed, warnings over problems it could cause bubbled up, but only in limited circles. It passed in March without a single “nay” vote in the Senate and […]