The company's net loss was 36 percent less than in 2023, according to Matterport's earnings from the quarter. Revenue rose 5 percent for the quarter.

Qualcomm and Intel veteran Shawn Malhotra comes to Rocket from Thomson Reuters where, as head of engineering, he helped the global media giant develop a cloud-based, API-driven generative AI platform.

The iBuyer lost $17.5 million between January and March, according to an earnings call Monday afternoon. However, that represents a 71 percent improvement compared to a year earlier.

Above, Matthew Mullin, left, and Harvey Blankfeld Frustrated by ‘something missing’ in the corporate structure, Matthew Mullin came to real estate after an unfulfilling start in equity research. “My Dad had been in real estate at one point in his life, and I saw it as a much more personal experience,” said Mullin, CEO of…

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Subscription-Secured Credit Facilities: Recent Developments in the US Market and Considerations for Real Estate Funds  JD Supra

Living close to mom is a major consideration for Americans buying a home  Fox Business

When you work on a team, meetings are an important part of your toolkit to succeed. They serve as a way to bring teammates together for idea-sharing, knowledge gathering, relationship building and to make critical decisions. But it’s imperative that your meetings have structure and purpose in order to make them beneficial for your business…

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Real estate remains a solid investment choice. It offers both rental income and the possibility of appreciation. However, deciding between investing in a condominium or a house depends on market trends, personal investment goals and the economic climate. I will provide a detailed comparison between buying condos and homes and evaluate their respective merits as…

The post Investment Potential of a Condo vs. a House: A Comprehensive Comparison appeared first on RISMedia.

According to new legal filings in the U.S. Securities and Exchange Commission (SEC), Redfin will pay $9.25 million as part of a settlement agreement reached with homeseller plaintiffs in the class-action lawsuit known as Gibson. This amount comes as plaintiffs argue that Redfin—as well as other brokerages such as The Real Brokerage, Realty One Group,…

The post Redfin to Settle Commission Lawsuits, Paying $9.25 Million appeared first on RISMedia.

25 Biggest Real Estate Companies in the US in 2024  Insider Monkey

5 Biggest Real Estate Companies in the US in 2024  Insider Monkey

25 Biggest Real Estate Companies in the US in 2024  Yahoo Finance

PropStream’s President Brian Tepfer has announced the company has upgraded its data sets, utilizing the power of Predictive Real Estate Data to pave the way for new features and proprietary AI predictive analytics. Listed new features include: Enhanced valuation modeling Localized demographic data  New lead lists Photo AI insights AI predictive property scores “Coverage, speed,…

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Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. While NAR and other settlements pend both preliminary and final approval, the flow never stops in the court systems throughout the U.S. as updates continue to develop in the many commission lawsuits currently…

The post COURT REPORT: Post-NAR Settlement Practice Changes Shifts Date appeared first on RISMedia.

As the economy waivers recently—with mortgage rates back up above 7%, the most recent PCE report demonstrating a rise in inflation and no respite in the interest rates from the Fed yet—there’s been a lot of uncertainty surrounding the mortgage market.  This uncertainty, however, does not seem to have affected Rocket Mortgage, as its Q1…

The post Rocket Mortgage Impresses With $1.2 Billion Earned in Q1 2024 appeared first on RISMedia.

The Asian Real Estate Association of America (AREAA) has escalated its fight against the State of Florida's foreign buyer ban through a federal fair housing discrimination lawsuit filed Monday. This is the third lawsuit, and first federal suit, against the bill.

Compass, The Real Brokerage, Realty One Group, At World Properties and Douglas Elliman had each already reached settlement agreements in the case, and the court has preliminarily approved those settlements.

Homebuyers need to earn an income of more than $150,000 to afford homes in 14 out of the 50 biggest metro areas as of April, according to Realtor.com. But in San Jose, buyers must earn at least $361,000.

New legislation will give counties the authority to redefine zoning ordinances to phase out short-term rentals.

Attendees walk past the REALTOR® logo Sunday at the Walter E. Washington Convention Center in Washington D.C. Three months ago, NextHome CEO James Dwiggins, speaking on an RISMedia webinar, took a forceful—and somewhat unexpected position—on controversies and questions currently dogging the National Association of REALTORS® (NAR). A vocal critic of the organization, Dwiggins took a…

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