Stylish Terrace Home Pays Tribute To Melbourne’s Architectural Heritage

The Domain Precinct of Melbourne, Australia, is at once chic, historic, urban and affluent.
Read MoreWhat’s Listing And What’s Selling Right Now In NYC’s ‘Discerning But Liquid’ Real Estate Market

Check out some of the latest luxury properties over $5 million that just hit or left the Big Apple market.
Read MoreIs Crowdfunding Still Viable In Today’s Market?

CrowdStreet CEO steps down amid fire after $50 million went missing, raising concerns over crowdfunding investments.
Read MoreFlorida affordable housing law that dilutes local power has upset the apple cart

A new affordable housing law passed by Florida’s legislature and signed in March by Gov. Ron DeSantis is reportedly creating anxiety among local elected officials who are concerned that the new law cedes too much control over zoning and other matters to the state government.The “Live Local Act,” pas
Read MoreVa.-based Coldwell Banker Premier expands to Maryland

Coldwell Banker Premier announced a merger with Coldwell Banker Professional Real Estate Services along with all of its sales associates, which further expands Coldwell Banker Premier’s office footprint into Cumberland, Maryland, and surrounding markets. This is the sixth merger by Coldwell Banker P
Read MoreRedfin looks to experiment with a new brokerage compensation model

Redfin was in the red yet again in the second quarter, but its losses are narrowing and it’s tweaking its unique brokerage model to court more experienced agents in pricey coastal areas. Redfin’s financialsRevenues at Redfin fell 21% year-over-year to $275.6 million, down from $606.9 million a year
Read MoreMortgage rates fall after softer labor data
Mortgage rates are finally headed lower after a crazy week of jobs data showing that the economy isn’t going into recession. Job growth is slowing as we get closer and closer to the target range of the make-up demand in labor, but it hasn’t broken yet. What do I mean by a make-up demand in labor? As
Read MoreTo spur affordable housing, the federal government is selling land for dirt cheap

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Interior announced this week its plans to arrange the sale of federal land to the State of Nevada in an effort to spur construction of affordable housing units in the Las Vegas metropolitan area.The arrangement
Read MoreRE/MAX remains profitable even as US agent count drops

Despite a 10.6% annual decline in revenue and a 6.3% drop in U.S. agent count, RE/MAX Holdings, the parent company of the real estate giant RE/MAX, stayed in the black during the second quarter of 2023.Overall for the quarter, RE/MAX generated a net income of $2 million, down from $5.8 million a yea
Read MoreLOs: Turn data assets into origination opportunities

Rates are high, housing inventory is down, and competition for new originations is fierce. Leaders across mortgage and banking are turning to their marketing partners with some variation of the same ask: “We need to improve the effectiveness and profitability of our campaigns, increase originations,
Read MoreSEC ends investigation into Better.com and SPAC partner’s alleged securities law violations

Aurora Acquisition Corp., the special purpose acquisition company planning to make public the digital nonbank lender Better.com, said on Thursday that the Securities and Exchange Commission (SEC) ended an investigation of the companies with no enforcement action. In July 2022, HousingWire reported t
Read MoreThe labor market showed signs of modest cooling in July

Data from the July jobs report released Friday fell roughly in line with expectations. Job gains came in lower than both the 278,000 monthly average for the first half of 2023 and the 399,000 average of 2022. Total nonfarm payroll employment increased by 187,000 jobs, compared to 209,000 in June, ac
Read More$30 Million L.A. Mansion Looks Over A Secret Body Of Water

The Bel-Air property was once owned by the late Ursula Theiss, a German actress and second wife of Hollywood actor Robert Taylor.
Read MoreThis $30 Million Bel-Air Mansion Overlooks A Secret Body Of Water

The Bel-Air property was once owned by the late Ursula Theiss, a German actress and second wife of Hollywood actor Robert Taylor.
Read MoreeXp makes a $9.4M profit in Q2 despite headwinds

eXp World Holdings faced headwinds in the second quarter, as persistently slow real estate sales drove the company’s revenue down 13% year-over-year to $1.2 billion, executives disclosed on Thursday.Despite the decline in revenue, the holding company for eXp Realty maintained profitability with a ne
Read MoreOpendoor delivers profitability, buys 2,680 homes in Q2

Opendoor continued to feel the market’s headwinds in the second quarter of 2023, which led to fewer homes sold and lower revenues in the period. But the iBuyer greatly reduced its operating costs, delivered a profit, and increased its home purchases in the quarter. The iBuyer recorded a net income o
Read MoreRocket has a profitable quarter and a new CEO

Rocket Companies, the parent of Rocket Mortgage, returned to profitability in the second quarter of 2023 driven by an increase in the purchase mortgage market share and expense cuts in business lines that aren’t profitable. The Detroit-headquartered lender’s GAAP net income in Q2 was $139 million, a
Read MoreBranden Lopez promoted to General Counsel at @properties

@properties announced the promotion of Branden Lopez to the position of General Counsel. This move comes as @properties aims to expand its business and enhance legal support across its portfolio of enterprises.Lopez, who joined @properties in November 2022 as Director of Legal, has proven herself as
Read MoreHomeServices appeal rejected as October commission trial looms

An October trial in federal court for one of the many commission lawsuits is imminent after HomeServices of America lost a recent appeal. The 8th Circuit Court of Appeals’ three-judge panel concurred with a lower district court’s decision that HomeServices is not permitted to enforce arbitration agr
Read MoreBlack Knight reports slimmer Q2 profit ahead of trial on ICE deal

Black Knight reported slimmer profits and slowing organic growth in the second quarter, largely due to weaker mortgage volume from clients as well as near-term effects from the proposed merger deal with Intercontinental Exchange (ICE).The company’s profit dropped 61% quarter over quarter to $55.3 mi
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