Mortgage rates ease on benign December inflation report

Investors bid up shares of mortgage lenders and real estate companies after “relatively benign” CPI report ends speculation that inflation worries might force the Fed to raise rates this year. Continue reading

Judge orders eXp to turn over ‘sweetheart deal’ negotiation docs

Court probes “reverse auction” allegations while plaintiffs seek preliminary approval of deals with eXp Realty, Weichert, Mark Spain Real Estate and Atlanta Communities Real Estate. Continue reading

5 real estate stories you might have missed during the holidays

In case you missed it, here are five stories from the holiday season that you may want to get caught up on, including a roundup of predictions from some of the real estate world’s biggest players. Continue reading

EXp World Holdings sells Virbela, the firm that made its virtual world

The sale, to Virbela’s cofounders Alex Howland and Erik Hill, closed at the end of November. It comes at a time when virtual worlds and the metaverse have waned as a topic of excitement. Continue reading

Compass, Zillow and Real: A closer look at 3 winning real estate runs

This week Intel explores the financial data behind three real estate companies that thrilled investors amid a stagnant market that stymied the competition: Compass, Zillow and The Real Brokerage. Continue reading

The big players sneakily winning the sluggish 2024 housing market

This year has been tough on real estate. But investors think several major companies have done enough to boost their standing — and box out key competitors. Continue reading

EXp posts modest revenue gain, reaching $1.2B in 3rd quarter

The virtual brokerage grappled with losses as it paid out its settlement in antitrust commission lawsuits and increased agent losses in a bid to offload less productive agents from the platform. Continue reading

Shareholders say eXp mishandled assault allegations in new lawsuit

A “culture of fear and retaliation” has damaged eXp World Holdings’ image, goodwill and monetary performance amid several sexual assault lawsuits, two shareholders claim in a suit filed Wednesday. Continue reading

Maryland- and Canada-based real estate teams join eXp Realty

The addition of both The Bryce Hansen Team and The Maryland and Delaware Group follows eXp Realty’s acquisition of other top-performing teams this year, including Toronto-based Polsinello Team, which switched from RE/MAX in August, bringing 25 agents t… Continue reading

Revenue rose and agent loss slowed for eXp Realty in Q2

EXp World Holdings revenue grew 5 percent year over year to $1.295 million during the second quarter of the year. The brokerage’s agent count continued to drop but at a slower rate than previous quarters. Continue reading