Despite the buzz around being acquired by Rocket Companies, the first quarter of 2025 was a rough one for Redfin. In a document filed with the Securities and Exchange Commission (SEC) on Tuesday, Redfin announced that it recorded $221.0 million in revenue in Q1 2025, down 2% annually, while its net

After last week’s National Reverse Mortgage Lenders Association (NRMLA) Western Regional Meeting in Irvine, California, attendees were generally in high spirits from spending time with their industry colleagues.But a common topic of discussion among attendees who spoke on-site with HousingWire’s Rev

Retirement is a well-known source of anxiety for individuals, businesses and governments alike. Shoring up dedicated retirement funds with good investments could be key to bolstering public- and private-sector retirement programs, but when it comes to cryptocurrency, one state’s leader does not beli

Real estate technology company Offerpad and distressed property marketplace Auction.com have entered into a strategic partnership with the goal to modernize how residential properties are bought, sold and renovated across the country.As part of the agreement, Offerpad’s Renovate division will serve

Bill Pulte, the director of the Federal Housing Finance Agency (FHFA) and chair of the boards at Fannie Mae and Freddie Mac, said in an interview on Tuesday that a handful of employees at the government-sponsored enterprises (GSEs) who are from U.S. geopolitical foes China and North Korea have been

The average closing costs for a refinance mortgage in the U.S. totaled $2,403 last year, or about 0.72% of the loan amount, according to a new report from LodeStar Software Solutions.The findings mark the company’s first analysis of refinance-specific closing costs. Closing fees ranged widely by loc

As a real estate professional, it’s fair to say that you’ll have plenty of opinions regarding the properties you show buyers. Depending on your time in the industry, you may have seen hundreds, even thousands of listings at a wide variety of price points. Over time, you’ll cultivate a personal opini

For supporters of the Clear Cooperation Policy (CCP), fair housing is one of the main arguments against further growth of private listings. From eXp Realty CEO Leo Pareja, to NextHome CEO James Dwiggins, to Zillow’s chief industry development officer Errol Samuelson, the concept of withholding listi

With the numbers showing a slight dip in commission percentages, one might assume the impact of the NAR settlement is minor. However, agents are discovering that the challenges are about more than just the amount of commission they are earning. HousingWire surveyed a select group of real estate prof

Weekly pending home sales disappointed in the last week of April, with 10% fewer than the same week in 2024.To be specific, single-family home sales came in 8% fewer than the same week last year, and condo sales came in 19% fewer. Nationally, weekly pending home sales saw only a small rebound after

Digital earnest money solutions company Earnnest is the latest tool available to California Regional MLS (CRMLS) subscribers via the MLS’s REcore dashboard. The firms announced their strategic partnership late last month.Beginning in June, CRMLS subscribers will have access to Earnnest at no cost, a

Realtor.com has launched a new national advertising campaign featuring country music artist and actress Reba McEntire as the company aims to offer reassurance to prospective homebuyers who are navigating a historically difficult real estate market.The campaign, titled “Nearly Home,” incorporates sit

AppraisalVision has restructured its platform into what it describes as the mortgage industry’s first fully autonomous appraisal execution system. This comes on the heels of a new partnership with Alpha7X, an artificial intelligence (AI) firm with a focus on automating mortgage operations.The shift

Compass Real Estate has launched a new business unit aimed at catering to ultra-high-net-worth clients and family offices.The new division — called Compass Family Office — is led by Agent Cindy Scholz and will focus on providing strategic, long-term real estate services to individuals and entities m

San Francisco-based home equity solutions provider Unison announced Monday that it’s lowering the annual percentage rate (APR) on its Equity Sharing Home Loan, an alternative funding vehicle aimed at helping U.S. homeowners tap into record levels of equity. Unison said in a press release that the mo

Reverse mortgage industry performance metrics have been soft so far in 2025, but two key data points involving Home Equity Conversion Mortgage (HECM) volume and HECM-backed Securities (HMBS) issuance saw promising increases in April.HECM endorsements rose by 9% to reach 2,320 loans in April — which

How to Convert a 401(k) to a Self-Directed IRA to Invest in Real Estate 🏡💰 For many Americans, a 401(k) is their primary retirement savings vehicle. While these accounts are great for long-term growth through stocks and mutual funds, they typically limit your investment options. If you're looking

This week, the Federal Reserve is holding a crucial meeting that could significantly influence the housing market in 2025 and 2026. The outcome could set the stage for mortgage rate cuts or a pause in action until there are shifts in the labor market. As many have observed, President Trump has expre

Another jobs week has come and gone, and while we see some signs of a slowdown in the labor market, it’s not breaking. Since 2022, I have suggested that to get mortgage rates below 6% with a longer duration, we need to see either a shift in the labor market or additional rate cuts that would lower t

Top 10 U.S. mortgage lender Rate is investing in the nonqualified mortgage (non-QM) space by launching a new suite of products. It aims to attract borrowers with nontraditional financial profiles, including self-employed individuals, small-business owners, freelancers and real estate investors.The C