Fathom Beats Revenue Targets, Aims to Cut Costs
Tech-focused, full-service brokerage Fathom beat guidance on revenue this quarter, up 52% to take in $128.2 million, with big increases...
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Rocket Doubles Down on Brand Unity Amid Shifting Market and Lagging Q2 Profits
With the mortgage industry in flux, Rocket Companies Inc., the parent of Rocket Mortgage and several other mortgage and finance...
In This Together: The Importance of Local Relationships in a Downturn
It certainly looks like the real estate market has peaked, and at least nationally, housing has entered a correction of...
U.S. Unemployment Hits Pre-Pandemic Levels as Job Growth Surges in July
And just like that, U.S. unemployment has recovered from its pandemic-induced doldrums. However, the labor market is still tight despite...
RE/MAX Hits Q2 Targets, But Softens 2022 Guidance
Real estate mega franchisor RE/MAX posted solid revenue growth for Q2 2022, hitting its targets as the company brought in...
Opendoor Looks to Weather Market Shift With Price Cuts and Zillow Partnership
It was an interesting week for Opendoor. On the heels of being fined by federal regulators, the company has had...
Your Local Recession: What a Downturn Looks Like in Disparate Markets
Amid all the blaring national headlines of falling home sales and price declines, with all the anecdotes of listings that...
Mortgage Rates Drop Below 5%
The 30-year fixed-rate mortgage (FRM) averaged 4.99%, dropping below 5% for the first time since April, according to the Primary...
Home Showings Drop Again in June, But Remain Above Pre-Pandemic Levels
The days of prospective buyers showing up in droves for home viewings, a phenomenon seen across the country during the...
Almost Half of Homeowners Are Now Equity-Rich
Elevated mortgage rates and climbing inflation have not dampened the steady rise of homeowner equity, buoyed by soaring home values...
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