Vrbo parent Expedia reports 12% growth in booked nights in Q4 2024

The vacation rental company reported “better than expected travel demand” as room nights, gross bookings and revenue grew by double digits, according to Q4 earnings released Thursday. Continue reading

Homebuyers remain sidelined despite more listing options

Even with an uptick in new listings, homebuyers aren’t rushing into the market. Instead, demand has dipped, leaving a growing supply of homes sitting as buyers remain hesitant about their next move, according to Redfin’s latest data analysis. Over the … Continue reading

Legal tit-for-tat pulls back curtain on eXp’s ‘sweetheart’ settlement

In new court filings, eXp, Weichert and plaintiffs share new details about how settlement negotiations in the Gibson case fell apart before the brokerage moved to settle in a case called Hooper. Continue reading

Realtor.com moves headquarters from Santa Clara to Austin, Texas

Six years after opening an office in Austin, Realtor.com is making the space its new headquarters. The company said it has more than 400 employees in Texas and now plans to add “hundreds more.” Continue reading

Pullback in mortgage rates spurs refis but not purchase loans

Requests to refinance were up 12 percent week over week and 17 percent from a year ago last week after rates for 30-year fixed-rate loans pulled back to the lowest level in six weeks. Continue reading

Stephen Kotler steps down as Western Region CEO at Elliman

Kotler has been with Douglas Elliman for more than 30 years, and will now return to work in sales alongside his brother and son on the Kotler Team in New York City following a tumultuous period for western operations. Continue reading

Holly Parker joins Compass after 25 years at Douglas Elliman

Luxury real estate powerhouse Holly Parker is making a big move — after 25 years with Douglas Elliman, she’s taking her team to Compass in New York, the brokerage announced Wednesday. Continue reading

Senate confirms Scott Turner as HUD secretary in 55-44 vote

Former Texas state representative and NFL star Scott Turner will now lead the Department of Housing and Urban Development after being confirmed in a Senate vote of 55-44. Continue reading

Inventories on track to normalize in 40% of US markets this year

After growing by 22 percent last year, inventory is “a bright spot for a market that’s been dealing with deep deficits in recent years,” according to ICE Mortgage Monitor report for February. Continue reading

Wells Fargo closes 2 more consent orders in quest to shed asset cap

Getting out from under $1.95 trillion cap would allow the bank to grow its deposit base, providing more room on the balance sheet to originate jumbo mortgages too big for Fannie and Freddie. Continue reading