Rocket Companies stated that they are increasing their focus on technology and AI as they continue to thrive amidst mortgage and housing market challenges. 2023 had some ups and downs for the company, like many others. Despite the lawsuit filed against the company for an alleged violation of the...
Last year was filled with pressing difficulties in the real estate realm—throughout the United States and beyond—although virtual brokerage eXp was able to increase its Q4 revenue by 5%, a notable jump compared to the same period in 2022, amounting to $983 million year-over-year. Full-year revenue amassed $4.28 billion....
Good news for homeowners: Mortgage delinquencies are on the decline, dropping to their lowest point since October 2023, according to Intercontinental Exchange's (ICE) First Look at January 2024's mortgage performance data. The national mortgage delinquency rate dipped to 3.38% in January, marking a welcome fall from the holiday-driven bump...
In January 2024, OneKey MLS—which covers the New York market territories of Montauk to Manhattan, as well as north through the Hudson Valley and the Catskill Mountains—reported a regional, single-family, closed median sale price of $649,000, an 8.2% increase over the reported January 2023 price of $600,000. For condominiums, ...read more
RE/MAX announced Thursday that CEO Nick Bailey is leaving the company, an unexpected announcement that came at the same time the company released its Q4 earnings, which showed further declines following reported losses the previous three quarters of 2023. Stepping into the leadership role, former SVP of Region Development...
As February 2024 marks Black History Month, it's a time to reflect on the profound contributions and enduring legacy of Black leaders throughout history. From civil rights activists to trailblazing entrepreneurs, Black individuals have shaped our world and inspired generations with their resilience, courage, and visionary leadership. In honor...
A villa in the Algarve region of Portugal Casaiberia Real Estate Lagoa, Portugal Paulo Lopes, CEO https://www.casaiberia.com Tell us about your company. Casaiberia, established in 2007, stands as a prominent figure in Portugal's real estate realm. With a diverse, multilingual team, our roots intertwine with Portugal's international ...read more
The Federal Reserve acknowledged in its last meeting that rates have likely hit their peak, but they're continuing to keep a watchful eye on key economic indicators and inflation, balancing a sense of optimism with some caution, according to meeting minutes released Wednesday. The minutes from the Jan. 30-31...
Better Homes and Gardens Real Estate Heritage Group located in Shelbyville, Tennessee, is the latest firm to join the lifestyle real estate brand. Founded in 2010, the company is headed by its six-person leadership team of Tennessee natives: Melissa Sterling, who serves as principal broker, Jeff Hicks, David Bradford,...
Home buyouts, especially in the throes of a divorce or during the challenging process of family inheritance, are laden with more than just financial considerations; they carry a heavy emotional weight. Often seen as a haven and a repository of memories, the home becomes a central figure in these...