Industry News

CEO Kaz Nejatian says the company is focused on speed, but “proof will take more time.” Meanwhile, fellow iBuyer Offerpad reported even bigger revenue declines.

Borrower demand remains high, Rocket reported, and investments in AI will help it “take even more ground when the market improves,” CEO Varun Krishna said.

Jason Waugh to take the helm at HSF Affiliates in 2027. Plus, a new leader at Coldwell Banker Affiliates; Compass names president of integrated services; more.

Rentals and mortgages fueled the 18% gain, with tech as the linchpin. “We are rapidly becoming an AI-native company,” Zillow’s CEO said.

The MLS, which is joining forces with the brokerage giant, will allow agents to pre-market listings to members only — without syndication to third-party sites.

Less than two months after the portals launched competing pre-market listings programs, the search giants have now agreed to collaborate on listing display.

Young Latinos are a large (and growing) homebuying demographic, and agents who serve them well will “have a customer for life,” says NAHREP CEO Gary Acosta.

The letter outlines “the proper understanding of steering” under the Fair Housing Act. Plus, Biden-era energy policy tossed; DOJ to seek appeal in Fed probe.

Denee Evans steps down on May 31. Plus, Anywhere's Tanya Reu-Narvaez retains C-suite role at Compass International Holdings; Darin Dawson now CEO at Buffini.

The deal can proceed, at least for now, though a similar request is with an appeals court. Plus, three Batton defendants respond to an amended complaint.

In what may be his final press conference as Fed chair, Jerome Powell urged support for a central bank “free of political influence.”

NAR’s $52 million settlement in a related case is “a prototypical reverse auction,” according to an April 28 preliminary injunction request.

In its 60th consecutive quarter of double-digit revenue growth, CoStar reported a 23% jump in revenue in Q1, bolstering projections for the rest of the year.

The deals are pending, with few details disclosed. Plus, Weichert negotiates with Batton plaintiffs; Compass rebuts NWMLS claims; TRD defamation suit dropped.

Christopher Brodhead will serve as KW’s new chief revenue officer. Plus, Lena Johnson to lead brokerage operations at Elliman; CIH hires home sale pro; more.

The next Fed chair may push for a mid-year short-term interest rate cut, Lawrence Yun predicts. Plus, mortgage rates could approach 7% if the Iran war drags on.

Despite a “very brutal” public battle with shareholders over spending on Homes.com, Andy Florance says agent subscription growth proves the playbook is working.

The widely criticized investigation was stalling a Senate confirmation vote on Kevin Warsh, who has been tapped to lead the central bank as chair.

Damian Eales is frustrated that the industry is spending so much time on pre-marketing debates — and so little time addressing the housing supply crunch.

The Chicago MLS, which runs a private listing network, is expanding nationwide to give agents “more choices.” It will receive Compass’ full listing inventory.