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Offerpad losses mount as iBuyer acquires and sells fewer homes

USA Real Estate News-Inman - Mon, 2025-02-24 17:36
At $17.3 milllion, Q4 2024 net loss is up 28 percent from the previous quarter, as homes acquired dipped 9 percent to 384, homes sold fell 18 percent to 503, and profits on each sale fell by 24 percent..

DOGE’s moves could destabilize mortgage finance system

USA Real Estate News-Inman - Mon, 2025-02-24 16:49
National Housing Conference President and CEO David Dworkin, a centrist advocate for affordable housing stakeholders, warns of unintended consequences of downsizing of HUD, FHA and Ginnie Mae.

MoxiWorks partner network adds reputation manager

USA Real Estate News-Inman - Mon, 2025-02-24 16:30
The software gives agents a number of tools and tactics to solicit, publish and broadcast how their customers react to their relationship and craft their reputation in the market.

Century 21 lifetime Easterseals donations reaches $141M

USA Real Estate News-Inman - Mon, 2025-02-24 15:54
Century 21 franchisees donated $2.6 million to Easterseals in 2024, bringing lifetime donations to $141 million. Easterseals supports people with limited mobility and health challenges to live more independent lives.

Judge Denies Arbitration Requests From Raveis, Berkshire Conglomerate

USA Real Estate News-RISMedia - Mon, 2025-02-24 14:59

A federal judge has denied an attempt by William Raveis and Berkshire Hathaway Energy (BHE), the parent company of HomeServices of America, to enforce arbitration clauses in listing agreements, and effectively stymie ongoing class-action commission litigation against the two companies. In a filing today in the Gibson lawsuit—the largest Burnett copycat, filed by the same…

The post Judge Denies Arbitration Requests From Raveis, Berkshire Conglomerate appeared first on RISMedia.

Gitcha launches services in California to assist fire-affected

USA Real Estate News-Inman - Mon, 2025-02-24 14:27
Gitcha is an online marketplace that helps buyers and renters make public notices for desired properties that has launched in California to assist Los Angeles wildfire victims.

Former Anywhere owner Apollo buys Utah investment company

USA Real Estate News-Inman - Mon, 2025-02-24 13:48
Apollo Global Management is buying Bridge Investment Group. Apollo is best-known in the residential real estate world for buying Anywhere, back when it was known as Realogy.

Palisades land listings soar — with 750 more projected to hit market

USA Real Estate News-Inman - Mon, 2025-02-24 13:23
Vacant lot listings that have hit the market in the past few weeks are often receiving dozens of inquiries. As of Monday, about two dozen lots had been listed, an analysis of Zillow listings indicates.

The Case for a Better Brokerage Brand: Why Pre-Sale Improvements Matter

USA Real Estate News-RISMedia - Mon, 2025-02-24 13:18

In the highly competitive world of real estate, brand reputation and differentiation is everything. As leaders of large brokerage firms, you understand that every home you sell becomes a reflection of your brand—your promise of value, trust and results. Yet, there’s a troubling reality many brokerages face: the sale of homes that are not adequately…

The post The Case for a Better Brokerage Brand: Why Pre-Sale Improvements Matter appeared first on RISMedia.

Second Century Ventures Opens Applications for 2025 REACH Commercial Program

USA Real Estate News-RISMedia - Mon, 2025-02-24 13:17

Second Century Ventures has announced it is opening applications for the 2025 REACH Commercial technology growth program. As the most active global venture fund in real estate technology, Second Century Ventures operates REACH across seven major markets around the globe. Now in its seventh year of operation, Second Century Ventures stated that REACH Commercial continues…

The post Second Century Ventures Opens Applications for 2025 REACH Commercial Program appeared first on RISMedia.

Black First-Time Homebuyers on the Rise, According to Zillow

USA Real Estate News-RISMedia - Mon, 2025-02-24 11:57

A new report from Zillow shows that homeownership is on the rise for Black households. Sixty-two percent of Black homebuyers purchased their first home in 2024; overall, first-time buyers account for 44% of the market.  Black first-time homebuyers reached a record high of 63% in 2023. In 2019, Black households accounted for 47% of first-time…

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COURT REPORT: NAR and Phoenix REALTORS® Reach Agreement

USA Real Estate News-RISMedia - Mon, 2025-02-24 11:53

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. NAR and Phoenix REALTORS® reach agreement NAR announced on Friday that it reached a resolution with Phoenix REALTORS® to bring the local association back into compliance with NAR’s Constitution and Bylaws, allowing the…

The post COURT REPORT: NAR and Phoenix REALTORS® Reach Agreement appeared first on RISMedia.

Compass CEO on Exclusive Listing Database: ‘We Want to Give Our Agents an Edge’

USA Real Estate News-RISMedia - Mon, 2025-02-24 11:50

Real estate brokerage Compass is doubling down with gusto on its strategy of building an exclusive inventory database outside traditional Multiple Listing Services (MLS), despite industry concerns about reduced market transparency and potential conflicts of interest. During Tuesday’s earnings call, Compass CEO Robert Reffkin revealed that 35% of the company’s 22,138 listings are now either…

The post Compass CEO on Exclusive Listing Database: ‘We Want to Give Our Agents an Edge’ appeared first on RISMedia.

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