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Mortgage Mix: Rocket’s Acquisition of Redfin Hits Bump; United Posts Loss
Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. Rocket, parent company of Rocket Mortgage, has seen a bump in the road to its planned acquisition of brokerage, portal giant and mortgage originator Redfin. Bruce Miller, an investor at Redfin, is suing to…
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Could tariffs hammer the potential upside of pre-sale renovations?
As if listing agents don’t have a hard enough time getting sellers to make a few market-friendly improvements to their home, reports from the construction industry suggest the Trump administration's tariff policy is going to raise the hurdle even higher.
Rocket Talks Mr. Cooper and Redfin Deals, Touts AI on Earnings
Rocket Companies, ahead of the completed acquisition of Mr. Cooper and the deal to purchase Redfin, continued to see high revenues and other success in its recent Q1 2025 earnings call. The company reported a Q1 adjusted revenue of $1.3 billion, which executives said came in “at the high end of our guidance range.” This…
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Homes.com will ‘boost’ listings that are banned on Zillow: Florance
CoStar CEO Andy Florance on Thursday said the "Boost" tool it rolled out on April 29 will now be available for brokers and homeowners who have been thwarted by Zillow's private listing ban.
Why ‘Improve-to-Sell’ Programs Are the Future of Real Estate
In today’s dynamic real estate landscape, the demand for move-in-ready homes has surged, reflecting a significant shift in buyer preferences. Recent studies from Bright MLS and others indicate that a vast majority of potential buyers, about 77%, are unwilling to consider properties that aren’t move-in ready. This trend underscores the importance for real estate brokerages…
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CoStar Snatches Up Another Residential Portal, Faces Familiar Rival
CoStar is significantly expanding its international footprint with an acquisition of the Australian portal Domain, one of the largest real estate consumer websites down under, according to regulatory filings yesterday. The deal was previously proposed months ago, with CoStar Group CEO Andy Florance telling investors earlier this year his company could bolster Domain to compete…
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JLL announces senior leadership appointments - Boston Real Estate Times
JLL announces senior leadership appointments Boston Real Estate Times
Alexander brothers face 6 new charges in superseding indictment
The superseding indictment filed in court on Thursday adds one count of sex-trafficking of a minor, among other charges, and brings the total victim count up to six from the two identified in the initial indictment.
Hoby Hanna sounds off on NAR, threatens to leave MLS: Top 5
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
Compass Posts Nearly 30% Jump in Revenue; Reffkin Doubles Down on Private Listings
Compass, Inc., the nation’s largest real estate brokerage by sales volume, reported its revenue hit $1.4 billion in the first quarter of 2025, a jump of 28.7% year-over-year, brokerage executives announced Thursday during its Q1 earnings call. The tech-focused brokerage said the positive revenue growth was driven by a 27.8% increase in transactions year-over-year despite…
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Blend seeks to sell Title365 as mortgage revenue shrinks in Q1
Blend posted a $9.4 million loss in the first quarter as the slow pace of home sales pulled revenue from its mortgage software suite down 22 percent from Q4. Its consumer banking suite brought in $9.6 million.
Canadians pull back from US property, fuelling possible rebound in cottage markets - Benefits and Pensions Monitor
Canadians pull back from US property, fuelling possible rebound in cottage markets Benefits and Pensions Monitor
U.S. Vacation Home Sales Fall to Lowest Level Since 2018 - The World Property Journal
U.S. Vacation Home Sales Fall to Lowest Level Since 2018 The World Property Journal
