Despite fierce headwinds driven by the war in Iran and still-rising mortgage rates, Rocket Companies reported impressive gains during its Q2 earnings call on August 6, thanks in large part to reaching “record levels” in both purchase and refinance quarterly marketshare. “It was one of the toughest spring housing markets in years,” said Rocket Companies…
United Wholesale Mortgage (UWM) Chairman, President & CEO Mat Ishbia foreshadowed potential legal action with mortgage servicer Two Harbors for the allegedly “inappropriate” handling of its sale. During the company’s Q2 earnings call, Ishbia addressed the bidding war against CrossCountry Mortgage in order to acquire Two Harbors, which took place back in the spring. UWM…
Florida-based Real Brokerage, like many other big players in the industry, is seeking to grow through acquisition. Its deal to purchase REMAX, announced in the spring, was part of a larger trend of big brokerages consolidating in the face of a challenging market and an uncertain policy landscape. But unlike many of its rivals, Real…
Realtors Property Resource®, LLC (RPR)—a subsidiary of the National Association of Realtors® (NAR)—has announced the promotions of Emily Line to chief strategy officer and Janine Sieja to chief product officer. RPR stated that these promotions build on the leadership Line and Sieja already provide across RPR. In their expanded roles, they will help shape RPR’s…
Zillow Group reported an 18% increase in second-quarter revenue Wednesday, topping its high-end forecast even as the online real estate giant posted a narrow net loss over the quarter, just one day after announcing 500 layoffs companywide. The results outpaced the overall 6% growth in the U.S. real estate industry over the same period a…
AGNT, Inc., the parent company of eXp Realty and NextHome, reported record second quarter 2026 revenue of $1.4 billion, up 11% from a year ago, as leaders credited agent productivity and AI investments for the gains. The Bellingham, Washington-based company, which rebranded from eXp World Holdings earlier this year, posted adjusted EBITDA of $25.7 million…
Following its recent acquisition of Fathom Holdings, Bed Bath & Beyond, Inc. has announced a shift in its branding, now changing its name to Neighborhood Intelligence, coupled with a new Nasdaq ticker of NXH. The formal change will take place on Aug. 17, as the company announced the shift in a letter to shareholders penned…
HomeServices of America has appointed Gretchen Rosenberg as vice president of Industry Affairs and Engagement, where she will serve on the executive leadership team in an expanded full-time capacity. According to a release, Rosenberg brings a proven record of brokerage leadership, innovation and industry engagement. She joins the HomeServices executive leadership team after serving as…
Tennessee-based MLS Realtracs, two months after threatening to join Chicago-based MRED in cutting Zillow off from its listing feed, has entered into a new licensing agreement with the portal, which “ensures uninterrupted listing distribution” while ensuring Realtracs members continue to have access to Zillow tools. In a statement, Realtracs President and CEO Stuart White said…
In his continued movement of expanding seller choice across real estate, Compass CEO Robert Reffkin said he expects “more than 90% of MLSs to have rules that allow sellers to market both Private Exclusives and Coming Soons by the end of the year” during the company’s recent Q2 earnings call. In presenting to investors, Reffkin…
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