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LoanDepot boosts lending and profit margins, trims Q1 loss

USA Real Estate News-Inman - Tue, 2025-05-06 17:35
Company founder Anthony Hsieh, who returned to the executive leadership team in March, says investments in technology, connections to real estate agents and joint ventures with homebuilders will help it scale.

Fathom Holdings promotes 2 execs in strategic growth, mortgage roles

USA Real Estate News-Inman - Tue, 2025-05-06 17:26
Sean Varin and Paul Marsh have been promoted to senior roles at Fathom Holdings and Fathom Holdings' subsidiary, Encompass Lending Group. The duo will be responsible for stoking growth opportunities at both companies.

UWM shrugs off $241M Q1 net loss on loan servicing writedown

USA Real Estate News-Inman - Tue, 2025-05-06 16:38
Executives put a positive spin on prospects for growth, with loan origination volume up 17 percent from a year ago to $32.4 billion and revenue up 5 percent to $613.4 million.

Redfin unfazed by 2% revenue drop as it finalizes deal with Rocket

USA Real Estate News-Inman - Tue, 2025-05-06 16:04
Despite a year-over-year decline in Q1, CEO Glenn Kelman voiced confidence in a statement on Tuesday as Redfin continued to finalize its $1.75 billion all-stock merger with Rocket Companies.

EXp reports a dip in homes sold, agent count in Q1

USA Real Estate News-Inman - Tue, 2025-05-06 15:39
The company reported having 81,904 agents at the end of the first quarter amid an ongoing slide in headcount. It also reported its agents sold 2 percent fewer homes in the quarter compared to a year ago.

Opendoor trims losses in Q1, but revenue ticks down

USA Real Estate News-Inman - Tue, 2025-05-06 15:24
The iBuyer also revealed Tuesday that it bought 3,609 homes in the first three months of 2025. That number represents a 4 percent year-over-year increase.

HomeSmart Launches Tech-Enhanced Yard Signs

USA Real Estate News-RISMedia - Tue, 2025-05-06 15:06

HomeSmart has announced the introduction of SmartSigns and SmartRiders, which will leverage QR codes and NFC (Near Field Communication) tags, allowing potential buyers to scan or tap for easy access to property details and photos delivered right to their enabled mobile devices. This “smart” yard sign suite was designed to eliminate reliance on traditional marketing…

The post HomeSmart Launches Tech-Enhanced Yard Signs appeared first on RISMedia.

High Property Tax Assessments May Merit Challenges in Some Areas

USA Real Estate News-RISMedia - Tue, 2025-05-06 13:19

A new report from Realtor.com® has found that as many as 40.5% of homeowners are being overassessed for their property taxes, a finding that indicates some tax rates are being raised independent of home value. Realtor.com also announced the release of a new tool to challenge property taxes alongside the report.  “Most homeowners don’t realize…

The post High Property Tax Assessments May Merit Challenges in Some Areas appeared first on RISMedia.

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