Latest News
Latest News
Rocket says it could close Redfin acquisition as soon as this quarter
Home loan giant boosts Q1 mortgage production by 7 percent, to $21.6 billion, says Redfin and Mr. Cooper acquisitions remain on track to close this year.
Broker Spotlight: Gaetano Marra, BHGRE Gaetano Marra Homes
Learn how this broker-owner is setting a new standard for fun, with an eye on bringing his brand of brokerage to the rest of the state.
Fred Peters leaves eponymous firm for Brown Harris Stevens
The Warburg Realty founder had been at his firm, which he sold to Coldwell Banker in 2021, for more than 30 years. Kevelyn Guzman took over leadership at the firm in 2024.
Investors cheer as Guild grows Q1 mortgage originations by 35%
Shares in Guild Holdings gain 10 percent as investors recognize $23.9 million net loss for the quarter was driven by a $70 million writedown in the fair value of Guild's mortgage servicing rights portfolio.
Compass grew virtually every metric that matters in Q1
Despite a slower housing market, the brokerage's revenue grew 28.7 percent year over year in the first quarter while transactions rose 27.8 percent.
Illinois bill seeks to make Clear Cooperation into law
If passed into law, HB 3452 would require brokerages to market properties for sale on public platforms within one calendar day of entering into an agreement with a seller, unless the seller signed a disclosure and an opt-out form.
The Real Brokerage adds agents, trims losses in ‘sluggish’ Q1 market
The cloud-based brokerage lifted agent count 11 percent between the end of December and March, according to quarterly earnings data released Thursday. Real now boasts over 27,000 agents.
Home prices kept rising in Q1 but fewer cities saw double-digit gains
According to a new report released Thursday by the National Association of Realtors (NAR), 83 percent of U.S. metro areas saw year-over-year price increases for single-family existing homes, down from 89 percent in the final quarter of 2024.