Visitor traffic was a high point for Realtor.com during the second quarter of parent company News Corp.’s fiscal year. The firm announced its financial results for the quarter ending on December 31, 2025, on Thursday. During the quarter, revenue at Move, the operator of Realtor.com was $143 million, a 10% increase from the year prior. […]
Realtor.com Q2 revenue rises 10% as visitor traffic outpaces rivals Read More »
An additional five home seller commission lawsuit settlement agreements have gained final approval. On Thursday, Judge Stephen Bough, a Kansas City-based U.S. District Court judge, granted final approval to settlements reached by Hanna Holdings, William Raveis Real Estate, EXIT Realty Corp., Windermere Real Estate Services and William L. Lyon & Associates with the Gibson suit
Hanna, Windermere and three more brokerages settle home seller commission lawsuits Read More »
Just weeks after mortgage trade groups expressed concern about a bill in the U.S. House of Representatives that would raise fees on U.S. Department of Veterans Affairs (VA) loans, Republicans in Congress have revised the original proposal. The bill, H.R. 6047 — also known as the Sharri Briley and Eric Edmundson Veterans Benefits Expansion Act
House scales back proposed VA mortgage fee hike Read More »
Reverse mortgage borrowers whose loans were previously serviced by U.S. Department of Housing and Urban Development (HUD) subcontractor NOVAD Management Consulting LLC may receive reimbursement checks in the mail following a 2024 enforcement action brought by the Consumer Financial Protection Bureau (CFPB). The National Reverse Mortgage Lenders Association (NRMLA) notified its members on Friday morning in
Restitution checks possible for some reverse mortgage borrowers after CFPB action Read More »
A New York City-based U.S. District Court judge has denied Compass’s preliminary injunction motion in its antitrust lawsuit against Zillow. As a result of Judge Jeannette Vargas’ ruling, Zillow may continue enforcing its listing access standard policy, which bans listings from its site that have been publicly advertised for more than one business day prior
Judge denies Compass injunction against Zillow listing policy Read More »
Redfin, which is now owned by Rocket Companies, is following in Zillow’s footsteps and launching an app integration with OpenAI’s ChatGPT. The company announced Friday that ChatGPT users now have access to a Redfin app within the platform that allows users to locate property listings relevant to their home search parameters and chat with the
Redfin rolls out ChatGPT app for real estate searches Read More »
While many of the latest conversations around the U.S. real estate market have focused on affordability and interest rates, one segment continues to move forward: foreign investors. While domestic buyers remain more cautious, investors from abroad are driving much of the transaction volume in many U.S. markets. One reason is that foreign buyers view risk,
Foreign investors keep U.S. real estate moving Read More »
It’s a story of frustration that many buyers and agents can relate to. Buyers repeatedly reaching out to listing agents to see properties, only to receive no response. Calls go unanswered, questions linger and access to homes stalled. That frustration is real and deserves acknowledgment. Consumers should expect timely communication and professional conduct. Where the
Does lead diversion help buyers, or does it undermine agent accountability? Read More »
Rocket Companies and Redfin on Thursday unveiled a Super Bowl commercial centered on community and the importance of neighborliness, marking the companies’ first shared national ad and Redfin’s first appearance in a Super Bowl broadcast since the company’s founding 20 years ago. The 60-second spot, titled “America Needs Neighbors Like You,” will air during the
Rocket, Redfin air first joint Super Bowl ad Read More »
New York Gov. Kathy Hochul signed a long-awaited state law designating manufactured housing as real estate in December. In the 11 months ahead, the question is whether the newly enacted measure can deliver on its promised mortgage-style financing or stalls amid legislative rulemaking. Regulators, lenders, and manufactured housing advocates will spend this year working out
Will New York’s manufactured housing law reshape home financing? Read More »