After the Federal Reserve chose to hold rates steady at its meeting last week, sparking more criticism from President Donald Trump, Fed governors were once again out on the media circuit, seeking to explain their perspectives on the path forward as uncertainty continues to bloom regarding the state of the economy. In Iceland early Friday…
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Real estate data platform PropStream has has announced its participation in the upcoming InvestHER Conference, taking place June 1–3 in Orlando, Florida. InvestHER Con is an event tailored for women investors. It offers hands-on education, strategy sessions and mindset coaching in a supportive and empowering environment, a press release stated. Contributing as a speaker and…
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According to ATTOM Data’s first quarter 2025 U.S. Home Equity & Underwater Report, while 46.2% of mortgaged residential properties in the country were considered equity-rich in the first quarter of the year—down from 47.7% in Q4 2024—47 states experienced a slight drop in the proportion of equity-rich properties (properties that have a loan balance not…
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Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. Rocket, parent company of Rocket Mortgage, has seen a bump in the road to its planned acquisition of brokerage, portal giant and mortgage originator Redfin. Bruce Miller, an investor at Redfin, is suing to…
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Rocket Companies, ahead of the completed acquisition of Mr. Cooper and the deal to purchase Redfin, continued to see high revenues and other success in its recent Q1 2025 earnings call. The company reported a Q1 adjusted revenue of $1.3 billion, which executives said came in “at the high end of our guidance range.” This…
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In today’s dynamic real estate landscape, the demand for move-in-ready homes has surged, reflecting a significant shift in buyer preferences. Recent studies from Bright MLS and others indicate that a vast majority of potential buyers, about 77%, are unwilling to consider properties that aren’t move-in ready. This trend underscores the importance for real estate brokerages…
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CoStar is significantly expanding its international footprint with an acquisition of the Australian portal Domain, one of the largest real estate consumer websites down under, according to regulatory filings yesterday. The deal was previously proposed months ago, with CoStar Group CEO Andy Florance telling investors earlier this year his company could bolster Domain to compete…
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Compass, Inc., the nation’s largest real estate brokerage by sales volume, reported its revenue hit $1.4 billion in the first quarter of 2025, a jump of 28.7% year-over-year, brokerage executives announced Thursday during its Q1 earnings call. The tech-focused brokerage said the positive revenue growth was driven by a 27.8% increase in transactions year-over-year despite…
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Above, Bess Freedman The Real Estate Board of New York (REBNY) has announced that New York City’s residential brokerage community gathered on Wednesday, May 7, 2025 to celebrate the 36th Annual Residential Deal of the Year Charity and Awards Celebration. The event honored outstanding deals and professionals from 2024, while raising money to support the…
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Homebuilders and developers have spent this year anxious about potential tariffs, as they stand to be directly impacted due to higher costs of imported building materials. The National Association of Home Builders (NAHB) has found that, during Q1, multifamily housing developers’ confidence was down year-over-year. “Like remodelers and single-family builders, multifamily developers are being affected…
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