HousingWireHousingWire eXp World Holdings, the parent company of eXp Realty, reported first-quarter 2025 earnings on Tuesday that highlighted modest growth in revenue, an assertive stance on real estate listing transparency and investments in artificial intelligence (AI). The company reported revenue of $954.9 million for the quarter, an increase of 1%…
Continue reading →HousingWireHousingWire loanDepot on Tuesday reported that its first-quarter 2025 revenue increased by 23% annually to $274 million, while its adjusted revenue was up 21% to $278 million on higher mortgage sales volumes and stronger margins. Revenues also increased on a quarterly basis, growing from a baseline figure of $257 million…
Continue reading →HousingWireHousingWire The real estate industry is facing another change. This isn’t the first time, and it won’t be the last. In 1908, agents formed the National Association of Real Estate Exchanges, a precursor to the National Association of REALTORS® (NAR). They soon formalized a code of ethics and operating policies….
Continue reading →HousingWireHousingWire The Trump administration released an outline of its 2026 federal budget proposal on Friday, and it calls for steep cuts to the U.S. Department of Housing and Urban Development (HUD). The cuts total $32.9 billion, and they include the elimination of three programs in their entirety. The document —…
Continue reading →HousingWireHousingWire Despite the buzz around being acquired by Rocket Companies, the first quarter of 2025 was a rough one for Redfin. In a document filed with the Securities and Exchange Commission (SEC) on Tuesday, Redfin announced that it recorded $221.0 million in revenue in Q1 2025, down 2% annually, while…
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