Court Report: DOJ’s Future Unclear; Weichert Latest Brokerage to Settle Commission Lawsuit
The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate....
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Redfin CEO Apologizes to Shareholders After Profit Eludes Company in Q3 Earnings Report
2024’s third quarter dragged down Redfin’s financials, according to the company’s latest earnings report. Redfin’s revenue declined to $278 million,...
Strategic Acquisitions Bolster Fathom Agent Count and Trajectory in Q3
It was a busy three months for Fathom Holdings. Despite continued housing market challenges, company officials seemed generally optimistic about...
eXp Reports Mixed Q3 Results with Revenue up 2% YOY and Net Income Loss of $6.5 Million
Global real estate brokerage eXp announced mixed financial results for the third quarter of 2024, with revenue up 2% year-over-year...
Real Estate Leaders Remain Focused on Growth and Innovation
From left, Kuba Jewgieniew, Cory Vasquez and John Featherston. Photo by AJ Canaria In a panel discussion at RISMedia’s CEO...
Former Douglas Elliman CEO Allegedly Admitted to Relationships With Female Brokers Before Retirement
Howard Lorber, the former chairman, president and CEO of Douglas Elliman Inc., allegedly admitted during an internal investigation to having...
Opendoor Q3 Report: Losses Lessened, but 17% of Workforce Terminated
In a third quarter earnings report November 7, Opendoor Technologies Inc., an e-commerce platform for residential real estate transactions, reported...
Fed Moves Ahead With Expected Quarter-Point Rate Cut
After an aggressive half percent cut in September, the Federal Reserve followed through on an expected but more measured quarter...
NAR Quarterly Report: 87% of Metros Post Home Price Gains in Q3 2024
The National Association of REALTORS®’ (NAR) latest quarterly report shows that single-family existing-home sales prices climbed in 87% of measured...
Mortgage Rates Move Up for Sixth Straight Week
Mortgage rates inched up again this week, a six-week runup to date and not expected to stabilize by the end...
Condo or House? Helping Clients Decide Which Makes More Sense
With home prices still elevated in much of the country, condos have become more realistic for buyers determined to exit the rental train. Read more.
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