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Mortgage holder equity reached $18 trillion in June, but a growing share of borrowers in Texas and Florida are either underwater, behind on payments, or both.

Neda Navab, who has known Compass’ CEO for over 20 years, says he “genuinely wants to build a better industry” for agents and their clients.

Watch the conversation as Kamini Lane discusses consolidation, Coldwell Banker’s “core” position within Compass, and her current stance on private listings.

The Zaken Shevett Team aims to provide an “elevated experience.” Plus, eXp gains Baja firm, ex-MLB player; Jim D’Amico buys into Corcoran affiliate; more.

Claude and ChatGPT are now integrated into Rechat’s platform, while RealAnalytica’s Atlas Agents handles recurring business tasks and flags opportunities.

The central bank official, who began fighting mortgage fraud allegations about a year ago, was given until Aug. 26 to respond to the White House’s claims.

Though a lackluster jobs report and weaker wage growth may sap consumer confidence, these factors could prompt the Fed to hold off on raising interest rates.

With revenue gains and no long-term debt, CEO Michael Liebowitz said work is in progress to build “a company that is smarter, faster and more efficient.”

Former SEC and U.S. Chamber of Commerce officials, among others, are urging the court to grant Zillow’s request for review of an investor lawsuit filed in 2021.

The franchisor reported lower-than-expected revenue in Q2 as operating costs rose, resulting in a net loss of more than $4 million.

A year after closing its acquisition of Redfin, the mortgage giant said the share of buy-side clients coming in through the portal is nearing its target level.

While closed home sales perked up in July, pending sales and mortgage application data suggests another market slowdown is on the way.

Marti Realty Group, which has topped $300M in sales volume so far this year, brings 40 agents and staff and its New Home Buddy platform to Keller Williams.

Ahead of a planned vote on Real’s acquisition of REMAX, CEO Tamir Poleg said the two companies have an “opportunity to write the industry’s next great chapter.”

A day after laying off 500 employees, the portal giant reported positive momentum in Q2 — but the company’s stock price still fell in after-hours trading.

Zillow’s CFO adds COO to his title, while a Google lawyer joins the company as chief legal & policy officer. Plus, HSoA and RPR promote longtime execs; more.

The portal said its Listing Access Standards, which were at the heart of its conflict with the Tennessee-based MLS, “remain in full effect” in the region.

The brokerages will pay nearly $30 million in combined damages. The Aug. 4 ruling resolves all homebuyer claims and related future actions against the firms.

With revenue up from Q1, the iBuyer is “incredibly bullish” about the future. We're “setting ourselves up so we can have an excellent 2027,” the CEO said.

CEO Robert Reffkin cited “the wealth effect” as a revenue driver. He also criticized MLSs and portals, and suggested Compass could become the No. 1 search site.