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Redfin reports falling revenue, higher losses in Q1 2025

May 6, 2025 by bp56691
Redfin did not host an earnings call ahead of its pending acquisition by Rocket Companies, a move CEO Glenn Kelman said the firm is excited for.
Categories Earnings, HWmember, Mergers and Acquisitions, Real Estate, Redfin, Rocket Companies

What the proliferation of private listings could mean for fair housing

May 5, 2025 by bp56691
What the proliferation of private listings could mean for fair housing
Fair housing experts offer their thoughts on what a repeal of CCP and more private listings could mean for members of protected classes.
Categories Clear Cooperation, Fair Housing, HWmember, LGBTQ, National Association of Hispanic Real Estate Professionals, national association of realtors, National Fair Housing Alliance, Real Estate, Urban Institute

The cost of real estate commission clarity

May 5, 2025 by bp56691
The cost of real estate commission clarity
While commissions aren’t dropping precipitously, other challenges are percolating for agents.
Categories Agent, Commission Lawsuit, Cooperative Compensation, HousingWire Pulse, HWmember, NAR Lawsuit Settlement, Real Estate

Earnnest, CRMLS enter strategic partnership

May 5, 2025 by bp56691
CRMLS subscribers now have access to Earnnest’s digital earnest money platform at no cost via the REcore dashboard.
Categories California, Earnnest, HWmember, MLS, Partnerships, Real Estate, Technology

Reba McEntire joins Realtor.com marketing campaign targeting struggling homebuyers

May 5, 2025 by bp56691
The campaign incorporates sitcom-style ads that draw on real experiences and attempt to ease the emotional toll of the homebuying process.
Categories Affordability, First-Time Homebuyers, Homebuyers, HWmember, Marketing, Real Estate, Realtor.com

Why this week’s Fed meeting is critical for mortgage rates

May 4, 2025 by bp56691
The Fed has adjusted its inflation targets, primarily in response to the trade war and the anticipated shortages if agreements aren’t reached.
Categories Federal Reserve, Housing Market, HWmember, Inflation, Mortgage Rates, Tariffs

The labor market is still keeping mortgage rates elevated

May 3, 2025 by bp56691
The labor market is still keeping mortgage rates elevated
To get mortgage rates below 6% with duration, we need to see the labor market break, which hasn’t happened yet.
Categories Housing Inventory, Housing Market, Housing Market Tracker, HWmember, Mortgage Rates, Purchase Applications

How Rate wants to close its ‘massive gap’ in the non-QM space

May 2, 2025 by bp56691
The company plans to double production in the segment in 2025. It launched a new suite of products, will be aggressive in pricing and is training LOs.
Categories Guaranteed Rate, HWmember, LendingLife, Mortgage, Non-QM, Origination, Shant Banosian

NRMLA co-chair outlines reverse mortgage advocacy plan

May 2, 2025 by bp56691
NRMLA co-chair outlines reverse mortgage advocacy plan
NRMLA co-chair Jim Cory discussed a new industry outreach effort to bring more people up to speed with reverse mortgages.
Categories HECM, HWmember, NRMLA, Reverse

LERETA, Sagent integrate real estate tax and flood service solutions

May 2, 2025 by bp56691
The collaboration aims to provide better access to real-time tax data, flood zone determinations, payment processing and automated monitoring.
Categories Flood, Flood insurance, HWmember, Lereta, Natural Disaster, Partnerships, Property Tax, Real Estate, Sagent, Technology
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