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On its quest to reclaim the title of nation's biggest mortgage lender, Rocket didn't sacrifice profits, generating $291 million in net income as revenue grew 107 percent from a year ago, to $1.38 billion.
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Total revenue declined by 8.3 percent year over year to $78.3 million during the first quarter of 2024, which still bested analysts' expectations for revenue to fall by 9.5 percent.
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The firm reported total lodging bookings of $21 million for the first quarter across all of its platforms.
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Opendoor drew $1.2 billion in revenue between January and March, according to first-quarter earnings data released Thursday. The new numbers reflect a tough market, but also some hope for the iBuyer.
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Fathom Realty has forged two new partnerships with education platform The CE Shop and online marketplace Working Advantage. The partnerships will give Fathom's agents and mortgage loan officers access to exclusive discounts on continuing education courses and lifestyle needs, such as gym memberships and travel.
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While 2024 is looking like more of the same down market, leading indicators may point to happier days ahead, according to Mike DelPrete.
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Keeping Current Matters CEO David Childers and Jimmy Burgess discuss why a relevant market opinion based on facts, not fears, is key for educating consumers and navigating industry changes.
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The class action lawsuit filed by plaintiff James Lutz alleges that HomeServices and other members of the National Association of Realtors fixed commissions, which misled buyers and resulted in buyers paying inflated home prices.
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Imaging company Planitar released an update to its iGuide tour experience that encourages buyers to offer contact information and feedback.
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Learn more about this managing partner of The Agency Steamboat Springs who also leads a top-producing, award-winning real estate team.
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Embrace the potential of auctions and understand how to navigate their benefits and risks effectively, new Inman contributor Chad Roffers writes. By doing so, you and your clients can tap into new opportunities and elevate your approach to listing properties.
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Buyer's agents have a critical responsibility to be the best they can be, new Inman contributor Filippo Incorvaia writes, as they navigate industry changes and the necessity of advocating for themselves early in the homebuying process.
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Cultural economist Mike Green looks at the aftermath of NAR's 2020 apology and what it would take to create a more equitable and inclusive housing market.
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Federal Reserve policymakers say they'll slow the pace of "quantitative tightening" to $40 billion a month, less than half the pace envisioned 2 years ago.
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Zillow tallied growing revenue while stabilizing losses in the first quarter of the year as the reigning search portal narrowed in on its post-commission settlement strategy on Wednesday.
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The company earned $943 million in revenue between January and March of this year. However, by the end of the quarter, agent count was down to 85,780.
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A lawsuit filed last week in California alleges the hotel industry engaged in illegal price-fixing using AI software.
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Wall Street investors believe promises made by new leadership of New York Community Bancorp, but concerns about the impact of interest rates and commercial lending on regional banks remain.