Freddie Mac reported today that mortgage rates increased this week, still being driven by geopolitical tensions and sticky inflation, according to economists. The average mortgage rate increased 7 basis points to 6.37%, up from 6.30%, last week, according to the latest Primary Mortgage Market Survey® (PMMS®), released by Freddie Mac Thursday. “The expectation of rates…

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MoxiWorks has announced the next phase of RISE, its AI-powered relationship intelligence platform for real estate, expanding its ability to connect marketing, outreach, follow-up and execution into one continuous workflow for brokerages, teams and agents. The release addresses one of real estate’s most persistent challenges: consistent follow-up. RISE moves beyond reactive AI by helping agents…

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Home-price growth continues to depreciate across multiple reports as the latest data from the National Association of Realtors® (NAR) saw improvements to affordability once again in Q1 2026. NAR’s Q1 Metropolitan Median Area Prices and Affordability data found that the national median home price was $404,300, observing only a 0.5% year-over-year increase, compared to 1.2%…

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Zillow posted a strong earnings report for Q1 2026, with revenue up year-over-year as the company launches new consumer-facing initiatives.  But in CEO Jeremy Wacksman’s opening remarks to investors yesterday after the report, he specifically framed Zillow’s success as overcoming a housing market in a rut.  “We once again outperformed the broader housing market, which…

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A federal judge in Virginia has denied a motion to dismiss the Federal Trade Commission’s (FTC) major antitrust lawsuit against Zillow and Redfin, clearing the way for the case to advance. U.S. District Judge Anthony Trenga issued the ruling Wednesday night, rejecting arguments from the two companies that the FTC’s allegations didn’t meet the legal…

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Days after announcing it would be purchasing legacy franchisor REMAX for $880 million, ascendant tech-focused Real Brokerage announced strong financial results to kick off 2026, with agent count jumping 25% and revenues increasing sharply as company executives touted new opportunities from the acquisition. Reporting Q1 earnings, with $465 million revenue (up 34% year-over-year) and 41,882…

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Above: NextHome Co-CEO James Dwiggins and eXp Realty CEO Leo Pareja Virtual-focused brokerage eXp announced it is buying NextHome, in a move that pairs yet another high-growth tech-focused company with a more traditional franchisor as the industry rapidly accelerates through an unprecedented period of consolidation. In an announcement today, eXp and NextHome executives characterized the…

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HomeServices of America has announced Jason Waugh will succeed Vince Leisey as CEO of HSF Affiliates, the franchisor of the Berkshire Hathaway HomeServices real estate network. The multi-year transition plan is expected to commence in 2027, per a release from HSF Affiliates.  Waugh previously led Prudential Northwest Real Estate prior to its acquisition by HomeServices…

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Twenty years ago, Zillow’s first marketing move was a product that solved a real problem and got people talking—neighbors comparing Zestimates, consumers saying, “I found this on Zillow” to their agents. No Super Bowl ad. No massive media budget. No TV campaign. That word-of-mouth wasn’t an accident. Every feature had to pass one test: would…

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United Wholesale Mortgage (UWM) delivered what CEO Mat Ishbia called an “exceptional quarter,” reporting loan origination volume of $44.9 billion for Q1 2026, up 39% year-over-year and marking the company’s second-highest first quarter in company history. The Michigan-based wholesale lender reported total revenue of $901.4 million, net income of $170.4 million and adjusted EBITDA of…

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