The top 1% could buy nearly all homes in the US with their wealth

The value of America’s nearly 100 million homes hit $49.7 trillion at the end of 2024, as the combined net worth of the wealthiest 1 percent of Americans hit a record $49.2 trillion, according to a Redfin analysis. Continue reading

Consumer banking helps Blend weather 2024 mortgage doldrums

Revenue from Blend’s biggest business, its mortgage software suite, fell 6 percent in 2024 to $73.3 million. A 42 percent increase in consumer banking suite revenue, to $33.7 million, more than made up the difference. Continue reading

RE/MAX turns $5.8M profit in Q4 despite 10th straight revenue dip

A drop in expenses was enough to offset falling revenue from franchise fees and annual dues that make up about 70 percent of RE/MAX’s revenue, the company said on Thursday. Continue reading

Goal! C21 kicks off partnership with Major League Soccer

Century 21 and Major League Soccer announced the partnership on Tuesday. MLS fans will see Century 21 ads and commercials at key league events, leading up to the 2026 FIFA World Cup. Continue reading

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

Brokers are beginning to see bright side of post-settlement landscape

Industry changes stemming from the National Association of Realtors’ antitrust settlement have made listing appointments easier, among other perks, real estate leaders told Inman. Continue reading

Embattled discount brokerage Purplebricks wins customer service award

The award comes one week after a report alleged that Purplebricks Canada has sent out emails asking staff to write good reviews on Facebook and Google in exchange for days off. Continue reading