Inflation shot up once again in April as energy prices continue to see large jolts both monthly and yearly, according to the latest data from the Bureau of Labor Statistics. Economists warn the country may now be facing an “inflation contagion,” with the path ahead murkier than before. The Consumer Price Index’s (CPI) all items…
Lending giant UWM Holdings Corporation (UWM) has cranked up the pressure on Two Harbors Investment Corporation (TWO), raising its acquisition bid to $12.50 per share in an attempt to derail a competing deal with CrossCountry Mortgage and push the Two Harbors board back to the negotiating table. In an open letter to Two Harbors stockholders,…
Above: HomeServices of America CEO Chris Kelly at RISMedia’s CEO & Leadership Exchange Event in 2025. Minnesota-based brokerage giant HomeServices of America and Texas-based franchisor Keller Williams has announced they are joining a “listing data interface” that will replace MLS entry with a “controlled, brokerage-level environment,” while still promising full support and compliance with local…
While home sales may not be booming in spring like many real estate professionals hoped for, according to the latest data from the National Association of Realtors® (NAR), inventory continues to increase as the potential for a strong summer market grows. NAR’s April Existing-Home Sales report saw a 0.2% month-over-month increase in sales to a…
When Rocket Companies and Zillow find themselves in the crosshairs of federal litigation over alleged referral kickbacks, the industry takes notice. As the headlines fixate on the big players, a quieter anxiety is building among independent mortgage bankers (IMBs) and smaller lenders who lack the firepower to go toe-to-toe in a prolonged legal battle. The…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. FTC’s antitrust case against Zillow and Redfin to proceed A federal judge in Virginia denied a motion to dismiss the Federal Trade Commission’s (FTC) major antitrust lawsuit against Zillow and Redfin, clearing the…
eXp World Holdings reported first quarter 2026 results Monday morning that exceeded the company’s revenue expectations and showcased what it described as operational improvements—even as executives signaled a strategic pivot through its acquisition of NextHome, a move that fundamentally broadens how eXp approaches the agent market. The company reported a revenue of $1 billion, up…
iBuyer Opendoor is continuing to hold its positive view as it pushed forward with its Opendoor 2.0 initiative to bring the company back to significant profitability, as executives expressed in its Q1 Open House. The company’s Q1 earnings report outlined another mixed quarter for the iBuyer, with several goals met while other metrics remained less…
REMAX Holdings reported Q1 2026 results on May 8, presumably the company’s last financial report as an independent entity after being acquired by Real Brokerage for $880 million late last month. The disclosure showed total revenue of $70.2 million, down 5.7% year-over-year. Adjusted EBITDA declined 19.3% to $15.6 million, with adjusted EBITDA margin contracting to…
The United States added 115,000 jobs in April, according to the Bureau of Labor Statistics, significantly beating analysts’ expectations as employers continue to shrug off high energy costs and geopolitical uncertainty—something buyers and sellers have been less willing to do. With an unemployment rate now at 4.3% and an average 48,000 payrolls added per month…
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