Real Estate Industry Overview & Trends
'I'm happy. Screw 'em,' the Keller Williams co-founder told agents Tuesday at his Mega Agent Camp event, referring to antitrust suits involving commissions in which the brokerage is named
Mortgage technology, title provider and cloud-based banking platform has eliminated more than 1,000 positions in 5 rounds of layoffs in the last 16 months
Keller Williams President Marc King told Inman he wants KW agents to sharpen lead generation and conversion strategies as the brokerage's annual Agent Mega Camp hits Austin this week
Realtor.com parent company Move's quarter and yearly revenues have slipped, with the company bringing in $602M for the full year. But despite struggles, News Corp's CEO is confident in the brand
Round led by existing investor Aquiline Technology Growth will allow Flueid to add more integrations to its verification of title solutions suite and refine its purchase solution
NYC-based Real Brokerage's Q2 revenue increased 65% year over year to $185.3M. Despite raising fees in Q1, its agent count grew 105% year over year, according to an earnings report
Fathom logged a net loss of $4.3M during Q2, an improvement over the $5.7M loss logged during Q1, according to its earnings report released Wednesday
By WeWork's own admission, it is unlikely to last much longer. In order to survive, it would need to reduce lease costs and other expenses, increase revenue and find a source of additional capital
'We remain bullish about an increase in activity over the back half' of 2023, Houlihan Lokey Managing Director Chris Gough said during a presentation Tuesday at Inman Connect Las Vegas
United Wholesale Mortgage, the nation's largest lender, also raised refinancing volume by 23% after being hammered by higher interest rates, according to Q2 earnings released Wednesday
Matterport posted second-quarter revenues of $39.6M — a 39% increase from the same period a year earlier that squeaked past analyst estimates of $39.2M, according to a Tuesday earnings call
At $4.55B, loanDepot's Q2 purchase loan originations were up 30% from Q1, thanks in part to the seasonal boost provided by spring homebuyers, but down 52% from a year ago
'Significant progress' in Federal Trade Commission negotiations have been reported since Black Knight's Empower loan origination system and Optimal Blue division were removed from the deal
Detroit-based mortgage giant returned to profitability during the spring homebuying season by slashing costs and boosting its market share in the face of severe inventory shortages
The partnership gives Ferry's network of real estate professionals access to the client satisfaction and retention platform, according to a statement
Regional banks have largely weathered the crisis fueled by this year's failures of Silicon Valley Bank, Signature Bank and First Republic Bank by pursuing mergers and boosting deposits through 3rd-party brokers
Joseph Magsaysay will join Compass' leadership as the brokerage looks to enhance its luxury presence in Silicon Valley. Magsaysay says he's developed a 'people first' leadership strategy
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