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New customers and layoffs help Blend approach profitability

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In addition to signing a multi-year deal with Pentagon Federal Credit Union, Blend laid off 50 workers in September, or about 9 percent of its workforce. Continue reading →

Investors betting Trump will privatize Fannie Mae, Freddie Mac

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Shares in the mortgage giants soared Wednesday on expectations that the Trump administration and Congressional Republicans will revive efforts to privatize the companies. Continue reading →

Mortgage segment stands tall as Zillow posts revenue growth in Q3

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Zillow tallied $581 million in revenue between July and September, according to Q3 earnings released Wednesday. Revenue from the portal’s mortgage business hit $39 million, a 63 percent increase from 2023. Continue reading →

Mortgage rates climb as investors weigh impact of election results

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Appetite for bonds wanes as investors pile into the stock market and assess whether Donald Trump’s return to the White House will fuel more government borrowing and reignite inflation. Continue reading →

Renter households surge as homeownership costs climb

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Renter households increased by 2.7 percent year-over-year in the third quarter to a record 45.6 million, a rate three times higher than the 0.9 percent uptick in homeowner households, according to a new Redfin analysis. Continue reading →

Real estate tycoon sentenced to death in Vietnam appeals sentence

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Accused of embezzling as much as $27 billion alongside her husband and other accomplices, Truong My Lan told the court on Monday that her sentence is “too expensive to pay” and “too severe.” Continue reading →

Building a company culture where little things make a big difference

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While metrics and KPIs reflect your company’s performance, Leah McDonough writes, it’s feeling valued and appreciated that defines company culture. Continue reading →

3 ways to find freedom amid chaos by embracing detachment

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Regularly practicing detachment by honing healthy practices, broker Pam Blair writes, doesn’t necessarily change the outward outcome of events but can dramatically alter our internal experience. Continue reading →

9 things ChatGPT can do for your real estate business for free

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With these AI-driven strategies at your fingertips, coach Darryl Davis writes, the path to becoming a more successful and efficient real estate agent is clearer than ever. Continue reading →

EXp punches back over criticism of ‘sweetheart’ commission deal

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The virtual brokerage argued Tuesday that it’s settlement wasn’t too small, and asked a court to reject attempts to force it back to the negotiating table. Continue reading →