Rates ease as Fed says it will dial back balance sheet tightening
Federal Reserve policymakers say they'll slow the pace of "quantitative tightening" to $40 billion a month, less than half the pace envisioned 2 years ago.
Growth in residential, rental and mortgage segments lift Zillow in Q1
Zillow tallied growing revenue while stabilizing losses in the first quarter of the year as the reigning search portal narrowed in on its post-commission settlement strategy on Wednesday.
EXp sees revenue rise, but agent count dips again in Q1
The company earned $943 million in revenue between January and March of this year. However, by the end of the quarter, agent count was down to 85,780.
Hyatt, Hilton among those accused of price-fixing in new antitrust suit
A lawsuit filed last week in California alleges the hotel industry engaged in illegal price-fixing using AI software.
Faith in NYCB restored, but worries about some regional banks remain
Wall Street investors believe promises made by new leadership of New York Community Bancorp, but concerns about the impact of interest rates and commercial lending on regional banks remain.
Ex-eXp agent at center of sex lawsuit sues for defamation
Michael Bjorkman wants more than $20 million. He says founder Glenn Sanford defamed him when discussing 'bad actors' and jail time on an earnings call.
More agents plan to switch brokerages in the coming year
Stronger lead generation systems and commission structures are driving more agents to consider switching their brokerage affiliations in the coming year, according to Coldwell Banker Real Estate's annual Agent Priorities Report published on Wednesday. In the survey of 1,500 agents, 39 percent said t...
Largest minority and women-owned brokerage in US joins Real
The Atlanta-based Village Premier Collection, led by Cheri Benjamin, has joined Real under its Private Label program. The company has roughly 500 agents and closed $665 million in sales in 2023.
NAR clarifies when a buyer contract will be required under settlement
In an email, the 1.5 million member trade group specified when agents would have to have signed written agreements with buyers, but stressed NAR would not dictate the agreements' terms.
Local Logic fine-tunes home search with new NeighborhoodMatch tool
The local intelligence company's latest tool automatically surfaces locations for homebuyers based on the homes they're already scrolled, offering an alternative to traditional search tactics.