Matterport lost $256M in 2024 as it continued scaling before merger

Total revenue was $169.7 million, up 8 percent compared to a year earlier, boosted by its 1.2 million subscribers as the company bolstered its ongoing revenue streams. Continue reading

CoStar Group looks to hire 1K employees in 2025

CoStar Group announced plans on Monday to add 1,000 new employees to its Richmond, Virginia, campus. The hiring push also comes with cuts to a number of unspecified teams. Continue reading

Pending home sales fall 4.6% to an all-time low, NAR says

The Pending Home Sales Index (PHSI), which tracks home sales based on contract signings, dropped 4.6 percent to 70.6 in January, marking an all-time low, while pending transactions fell 5.2 percent year over year. Continue reading

Home values have surged at 2X the normal rate since pandemic

Since 2020, U.S. home values have risen by 45.3 percent. In other words, more than 10 years of typical home value growth has been packed into a five-year period, a new report from Zillow shows. Continue reading

Brokers want Michigan to split MLS access from Realtor membership

The Hardy plaintiffs clapped back at NAR in court on Friday, noting agents and brokers in California, Florida and Georgia can join the MLS without having to support Realtor associations. Continue reading

Why client disclosure, not MLS mandate, serves homeowners best

Compass CEO Robert Reffkin cites research on pre-marketing outcomes to argue for an end to Clear Cooperation Policy mandates. Continue reading

Tool Kit: A new agent’s guide to fair housing laws

Fair housing violations can be avoided, trainer Rachael Hite writes, when agents focus on what matters most: giving everyone the chance to find a home of their own. Continue reading

4 keys to maintain healthy communication with clients, teams

Communication doesn’t have to be fancy, team lead Carl Medford writes, but it does need to be proactive. Find out how to reach out more often. Continue reading

BridgeMLS adds Roomvo AI visualizations to search platform

Homebuyers using bridgeMLS’ search site can now virtually redesign rooms using Roomvo’s Inspire tool. The tool includes preset design styles, wall and floor finishings, and decor add-ons. Continue reading

UWM is hiring after banner year for purchase mortgage lending

In a year when home sales hit a three-decade low, the nation’s biggest mortgage lender made $96.1 billion in loans to homebuyers — the company’s best year ever. Continue reading