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. At Inman Connect Las…
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Growth In Residential, Rental And Mortgage Segments Lift Zillow In Q1
At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join…
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Rates Ease as Fed Says it Will Slow Pace of 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. At Inman Connect Las Vegas,…
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HUD and FHA announce new appraisal bias protections
The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) announced a new policy on Wednesday that will enable mortgage borrowers to “request a re-assessment…
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Opinion: Will new changes make houses more affordable?
In 1904, the first world’s fair opened in St. Louis. It was there that the world learned how to host a fair and pack on pounds. An ice cream vendor…
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The unchanging – HousingWire
We lament over ever-changing rates, changing fees and guidelines. We change companies, processors, assistance and our workspace. Every area and facet of our industry, it seems, moves, and changes with…
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Home Prices Stagnate in The South & America’s New #1 Market
Texas and Florida are seeing stagnating home prices as housing inventory booms while demand slips away. Housing is still expensive, but with more inventory, why is it staying that way?…
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Rates at 7% attract different types of borrowers, forcing lenders to rethink profit strategies
Industry experts believe mortgage rates will remain higher for longer, attracting borrowers who face life events but not “economic gamers“ to the mortgage market. In turn, this will force some…
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Longtime reverse mortgage leader Scott Norman appointed CEO of Texas MBA
Longtime reverse mortgage industry professional, advocate and leader Scott Norman has been appointed as the new CEO of the Texas Mortgage Bankers Association (TMBA). Norman is currently serving his fifth…
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All parties have settled the Sitzer/Burnett suit, so what’s next?
When HomeServices of America reached a nationwide settlement agreement last week in the commission lawsuits filed by home sellers, it became the final defendant in the two original commission cases,…
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