news aggregator

Inflation remains elevated and consumer spending has tightened as all eyes are on the Fed’s favorite inflation measure ahead of the central bank’s closely watched March meeting.  The Personal Consumption Expenditures (PCE) price index (tracking costs of goods and services) for January increased 0.3%, and saw the same increase excluding food and energy, according to…

The post Inflation Remains Elevated Ahead of Fed’s March Meeting appeared first on RISMedia.

Til ‘debt’ do us part: couples choosing mortgage over marriage  realestate.com.au

Opendoor wrapped up 2024 with a mixed bag of financial results, reflecting the “persistent macro headwinds” of the housing market. At its fourth quarter and full year 2024 earnings call February 27, the report showed an increase in revenue, home acquisitions and net losses. The iBuyer brought in $1.1 billion, up 25% from 2023’s final…

The post Opendoor Highlights Expansion of Off-MLS Listings as Company Confronts Headwinds appeared first on RISMedia.

The March issue of RISMedia’s Real Estate magazine is now available, and not to be missed are several exclusive features, including an in-depth look at how several women leaders in real estate overcame both personal challenges in their career paths and business challenges at their brokerages, and what advice they have for future success. In…

The post The March Issue of Real Estate Magazine Is Now Live appeared first on RISMedia.

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.