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The name of the game for Redfin in 2025 is recovery.  As part of that, Redfin has initiated a cost-optimization strategy that heavily relies on a mass-advertising “monetization” approach supported by a new deal with Zillow, company leadership said on an earnings call yesterday. On the chopping block, however, are agent benefits and a slew…

The post Redfin Inks Zillow Deal, Turns To Layoffs With Cost-Optimization Strategy appeared first on RISMedia.

Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. -Federal Housing Finance Agency (FHFA) nominee Bill Pulte spoke on several topics of interest at his confirmation hearing on Thursday Feb. 27, according to National Mortgage News. Pulte mentioned the conservatorships of the GSEs…

The post Mortgage Mix: FHFA Nominee Bill Pulte Discusses GSEs, Possible Cuts at Confirmation Hearing appeared first on RISMedia.

Step inside 9 of the world's most valuable homes  Yahoo Finance UK

Clear Height Properties, Harbert US Real Estate acquire 42,444-square-foot industrial building in Lisle  REjournals.com

Rocket Companies—which recently saw a lawsuit against it by the Consumer Financial Protection Bureau be dropped—got more good news in its Q4 2024 earnings report, where it reported adjusted company revenue of $1.2 billion.  This is a slight decrease from adjusted revenue of $1.3 billion in Q3 2024, but as with that quarter, this Q4…

The post Rocket Companies Champions AI Investment in Q4 2024 Earnings Call appeared first on RISMedia.

Florida wrapped up the first month of the year with a record-breaking number of homes for sale, according to Redfin's latest data analysis. At the end of January, there were 172,209 homes on the market, the most Florida has ever seen. That's a 22.7 percent jump from last year.

Best Real Estate Investing Apps of March 2025  Business Insider

Virginia-based portal CoStar Group has finished its acquisition of spatial mapping company Matterport. The companies expected to finish the deal by the end of March, putting them 31 days ahead of schedule.

This Connecticut shoreline neighborhood ranks as the 'most popular' in America  Greenwich Time

This Connecticut shoreline neighborhood ranks as the 'most popular' in America  Torrington Register Citizen

This Connecticut shoreline neighborhood ranks as the 'most popular' in America  CT Insider

This Connecticut shoreline neighborhood ranks as the 'most popular' in America  Danbury News Times

Trust and relationships drive our industry’s success, but artificial intelligence’s (AI) rapid adoption in real estate poses incredible opportunities and significant dangers. Nearly 56% of homebuyers and sellers say the reputation of an agent and their ability to trust them are the most important factors when choosing an agent, according to the National Association of…

The post The Need for Safe and Responsible AI in 2025 appeared first on RISMedia.

Pending U.S. home sales slide to all-time low in January  The Dallas Morning News

Australian Retirement and Almanac to invest $1bn in US real estate  IPE Real Assets

Secretary of Housing and Urban Development (HUD) Scott Turner said on Feb. 27 that he would work to reduce regulatory burdens to ease America’s housing affordability crisis and help builders to construct more attainable, affordable housing the nation sorely needs. In one of his first official speaking engagements after being sworn in as HUD secretary…

The post New HUD Secretary Vows to Work With Builders to Cut Regulations, Boost Housing Supply appeared first on RISMedia.

Is DC's housing market going to collapse? Here's what's really going on.  Yahoo News

Real estate is about more than transactions—it’s about people, communities and creating positive change. RISMedia’s 2025 Newsmakers in the Crusaders category are proving that success and social responsibility go hand in hand. From advocating for fair housing to championing REALTOR safety and disaster relief, these industry professionals are using their platforms to drive meaningful change.…

The post 2025 Newsmakers: The Crusaders Leading With Purpose and Passion appeared first on RISMedia.

Revenue from Blend's biggest business, its mortgage software suite, fell 6 percent in 2024 to $73.3 million. A 42 percent increase in consumer banking suite revenue, to $33.7 million, more than made up the difference.

In a difficult year for real estate, Rocket Mortgage grew closed loan volume by 29 percent, to $101.2 billion, and higher profit margins on those loans helped boost net revenue by 34 percent, to $5.1 billion.