Kelman said it was a tough decision to sell, but one that ultimately will empower the company to better compete with portal giants like Zillow, Realtor.com and Homes.com while continuing to focus on customer service. Continue reading
At Inman Connect San Diego, Realtor.com CEO Damian Eales said it’s time to turn the page on Clear Cooperation and focus on solving issues that will improve consumers’ main challenge — affordability. Continue reading
“We’re not competing against either Realtor or Zillow for customers. We are doing something completely different. In essence, we are now No. 1 at that,” Andy Florance said onstage at Inman Connect San Diego. Continue reading
Costar, parent company of Homes.com, says Zillow is displaying thousands of images that are CoStar property — an act described in the complaint as “willful, mass infringement.” Continue reading
New construction starter homes have become a thing of the past as costs continue to rise, according to a report from Cotality. More buyers are flocking to a new kind of starter home, which is older and smaller. Continue reading
Both companies have invested heavily in AI. But while Rocket consistently earns high marks for loan servicing, Mr. Cooper’s J.D. Power rankings have been subpar for more than a decade. Continue reading
As the $1 listing trend gathers steam, it’s time to take a closer look at how it works and whether it’s right for your sellers. Continue reading
Economists at Fannie Mae and the Mortgage Bankers Association differ on how much room mortgage rates have to come down and how fast home price appreciation will cool. Continue reading
Purchase loan requests are up 3 percent from a week ago and 22 percent from last year even as mortgage rates climb to highest level in four weeks, Mortgage Bankers Association survey shows. Continue reading
CEO Jay Bray says the loan servicing giant intends to “hit the ground running” when it merges with Rocket Companies later this year after turning a $198 million Q2 profit. Continue reading