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New customers and layoffs help Blend approach profitability

USA Real Estate News-Inman - Wed, 2024-11-06 18:31
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.

Investors betting Trump will privatize Fannie Mae, Freddie Mac

USA Real Estate News-Inman - Wed, 2024-11-06 16:11
Shares in the mortgage giants soared Wednesday on expectations that the Trump administration and Congressional Republicans will revive efforts to privatize the companies.

Mortgage segment stands tall as Zillow posts revenue growth in Q3

USA Real Estate News-Inman - Wed, 2024-11-06 16:05
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.

Zombie Properties Remain at Historic Low Point in Resilient Market

USA Real Estate News-RISMedia - Wed, 2024-11-06 15:15

One in 77 homes is vacant, for a total of 1.4 million residential “zombie” foreclosures nationwide, according to a new report from ATTOM Data. This figure has remained constant over the previous 11 quarters, according to the report.  “Zombie” properties are those that are in the foreclosure process and have also been abandoned by the…

The post Zombie Properties Remain at Historic Low Point in Resilient Market appeared first on RISMedia.

MLS as a Broker’s Strategic Partner

USA Real Estate News-RISMedia - Wed, 2024-11-06 15:04

As brokers establish new priorities and look for opportunities, it’s clear the old ways are fading. While some have left the past behind in a book of outdated practices, brokers are embracing challenges and searching for solutions to gain an advantage and win in this new age of real estate. Specifically, brokers are analyzing their…

The post MLS as a Broker’s Strategic Partner appeared first on RISMedia.

Mortgage rates climb as investors weigh impact of election results

USA Real Estate News-Inman - Wed, 2024-11-06 14:56
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.

Ready for the Future: The Broker Playbook for a Stand-Out 2025

USA Real Estate News-RISMedia - Wed, 2024-11-06 13:22

Above: Front row (left to right): John Featherston, Anthony Lamacchia, Dava Davin; Back row (left to right): Dan Duffy, Al Becker, Wendy Forsythe For innovative brokerage leaders, the twists and turns of 2024 will ultimately lead to one place: A stellar 2025. If you are in the Boston, Massachusetts, area on Friday, don’t miss RISMedia’s…

The post Ready for the Future: The Broker Playbook for a Stand-Out 2025 appeared first on RISMedia.

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