Rocket Companies—which recently completed its acquisition of both Mr. Cooper and Redfin—exceeded its revenue guidance during the third quarter, as noted during a Halloween Eve earnings call. The company reported Q3 adjusted revenue of $1.78 billion—beating the high end of its guidance range—generated $36 billion in net rate lock volume, up 26% over the previous…
Above, Fed Chair Jerome Powell The Federal Reserve has announced its second interest rate cut of the year—the second in a row—in the midst of a government shutdown. The Federal Open Market Committee (FOMC) announced at its October meeting today that it has cut interest rates by a quarter-percentage point. This follows a 25-basis-point cut…
In a discovery dispute, Compass seeks to compel Redfin, a nonparty in its lawsuit against Zillow, to produce internal communications and documents allegedly showing coordination between Redfin and Zillow. At the same time, a Redfin spokesperson confirmed that the company’s rules restricting private listings had not gone into effect, after being announced almost simultaneously to…
For decades, the real estate transaction—with full-service agents and relatively stable commission rates—has been one of the most consistent fixtures of the American housing market. Sellers built it into their expectations, buyers believed in it, and agents themselves defended both the fees and the model as pro-consumer. But now, the traditional real estate agent structure—and…
Real estate agents spend hours planning social posts—Instagram carousels, TikToks, Reels, etc.—but sometimes overlook one of the simplest ways to build visibility online: commenting. Intentional, authentic engagement in the comment section can do more for your reach and reputation than yet another meticulously planned post or yet another Canva graphic. Here’s why it matters, and…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Supreme Court denies review in REX v. Zillow Today, the U.S. Supreme Court has denied review in the REX v. Zillow case. A Zillow spokesperson gave RISMedia the following statement. “We’re pleased this…
Even as housing markets cool in many regions, home sellers are still walking away with healthy profits. During Q3 2025, the median home sale generated a 49.9% return, or about $123,100 in raw profit, according to ATTOM’s Home Sales Report. The profit margin is up 0.6% quarter-over-quarter, but still below the 55.4% average profit margin…
Federal Reserve Governor Michael S. Barr warned Thursday that the central bank’s battle against inflation is far from over, with price pressures expected to persist until 2027, as rising tariffs continue to ripple across the economy. Speaking at the Economic Club of Minnesota, Barr said the Federal Reserve continues to face elevated risks on both…
For Olga M. Garza, real estate goes beyond the transaction—it’s about transformation. As the leader of the OMG team in Greater Houston and former president of the Houston chapter of The National Association of Hispanic Real Estate Professionals (NAHREP), Garza has built her career around making homeownership possible. Her approach combines hands-on client work with…
The housing market is entering a new phase, with nearly 20% of homes reducing their asking prices in September as inventory continues to climb and buyers gain more leverage, according to Realtor.com®’s September Monthly Housing Trends report. Notably, this trend is only showing in lower- and mid-tier-priced homes, as luxury home prices remain largely untouched,…
Buyers are purchasing more than just a home when they sign their final offer—they’re buying into the entire neighborhood, so it’s a good idea to get acquainted with it yourself to highlight all of its features to potential buyers. Read more.
