Redfin on the upswing after Zillow deal despite widening Q4 losses

Redfin posted double-digit revenue growth for Q4 and FY 24 on Thursday. The company’s $100 million Zillow rental syndication deal has opened the door for greater advertising spend, CEO Glenn Kelman said. Continue reading

Broker Spotlight: Bill Favre, @properties La Crosse

Learn how this broker-owner has experienced success as solo agent, leader of a high-performing team and co-owner, launching a brokerage that now holds the No. 1 market share. Continue reading

Rentals, tech and efficiency drive real estate’s Q4 earnings

Real estate brokerage Q4 earnings winners surged ahead by betting on rentals, AI-driven efficiencies and streamlined operations. Continue reading

Opendoor saw rising losses in Q4, but managed to boost revenue

The iBuyer’s $1.1 billion in Q4 revenue wasn’t enough to offset a loss of $113 million. However, CEO Carrie Wheeler said the company entered 2025 as “a leaner, more efficient business.” Continue reading

Century 21 North East expands in Boston with Century 21 Celli

With this acquisition, Century 21 North East aims to strengthen its position in the real estate market by broadening its reach and enhancing the value it provides to clients. Continue reading

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