In an earnings report Oct. 30, The Real Brokerage, a digital-focused brokerage, announced results for the third quarter with jumps in revenue and agent count. They follow positive numbers from the second quarter. “In the third quarter, revenue increased 53% to $568.5 million while operating losses narrowed compared to last year,” said Ravi Jani, CFO.…
Lone Wolf Real Estate Technologies has announced an integration of two business solutions: Lone Wolf Transact and Follow Up Boss, allowing direct communication between them. Lone Wolf cites advantages such as cutting out manual data entry, and simplifying deal transactions by allowing initiation and management of Lone Wolf transactions within Follow Up Boss, so as…
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…
Lamacchia Realty Broker/Owner Anthony Lamacchia will be hosting “Growth Through Acquisitions,” a two-day live event for brokers where he will share details on how he finds, evaluates, negotiates and integrates successful acquisitions that have helped double his company’s size during a market slowdown. The event will take place at the Hyatt Regency Boston/Cambridge on Nov.…
Better Homes and Gardens® Real Estate has announced that JM Desert Real Estate, a full-service, 13-year-old brokerage serving Riverside County in California, is the latest firm to affiliate with the brand. Now doing business as Better Homes and Gardens Real Estate JM Desert Collective, as stated in a release, the firm has developed a strong…
Imagine people purchasing a home because they’re most impressed with the long, winding driveway. Or with the property’s surveillance cameras, or the strength of the gates surrounding it. Characteristics like the kitchen, square footage or number of bathrooms? All secondary to security. Home security as a priority is not something you have to imagine—it’s already…
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…
CoStar Group CEO Andy Florance dove again into the controversies surrounding rival portal Zillow in the company’s recent Q3 2025 earnings call. While discussing financials for the company and its subsidiaries—Homes.com, Apartments.com, Matterport, LoopNet, Domain and more—and the increasing traffic and success seen in the portal space, Florance pivoted to discuss an “uncomfortable but important…
Pending home sales in September showed no change from the prior month and fell 0.9% year-over-year, according to the National Association of Realtors® (NAR) Pending Home Sales Report. The report provides the real estate ecosystem, including agents and homebuyers and sellers, with data on the level of home sales under contract. Month-over-month and year-over-year pending…
After four weeks of consecutive drops in activity, mortgage applications break the streak with gains for refinance and purchase applications. The Mortgage Bankers Association (MBA) reports that the market composite index—the measure of mortgage loan activity volume—increased 7.1% on a seasonally adjusted basis for the week ending Oct. 24. The index increased at nearly the…
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