New president at the helm at Sotheby’s Canada

Sotheby’s International Realty Canada has appointed Mustafa Abbasi as president, naming a technology-focused executive to lead the luxury brokerage’s next phase of growth. Previously serving as founding president of Zolo, Abbasi built a technology-driven brokerage operating across Canada. Following

Rocket Pro doubles broker credits with Compass deal, unveils ‘Jupiter’ LOS

Rocket Pro, the wholesale lending arm of Rocket Mortgage, announced a partnership with Compass to offer additional credits to brokers. It also unveiled a new loan origination system during its Ignite26 event on Thursday. Under a new program called Pro Purchase Power, brokers will receive 40 basis po

Rocket grows revenue to $6.7B, expands market share in 2025

Rocket Companies Inc. wrapped up 2025 with higher revenues and growing mortgage activity, the company reported Thursday in its fourth-quarter and full-year 2025 earnings report. For the full year, Rocket reported total revenue of $6.7 billion and a GAAP net loss of $234 million, or $0.05 per diluted

Compass Coming Soon listings to appear on Redfin

Compass International Holdings (CIH), the parent company of real estate brokerage Compass, is teaming up with Rocket Companies and Redfin to display its Compass Coming Soon listings for Redfin’s 60 million monthly unique visitors to see.  CIH and Rocket announced the partnership Thursday afternoon.

Hovnanian recalibrates amid a shift to a higher-margin mix

Last quarter, Hovnanian Enterprises posted weak results, reporting a net loss that sent its stock (HOV) price crashing. Three months later, the company appears to have bounced back as it executes a strategic shift, but warning signs persist.  Hovnanian Enterprises, the parent company of K. Hovnanian

From IPO spark to global scale pivot: Tri Pointe enters a new power axis

Thirteen years ago, on a rain-slick January morning in lower Manhattan, a three-and-a-half-year-old homebuilder’s president pressed and held the New York Stock Exchange bell for a full count of ten. TRI Pointe Homes’ January 31, 2013 IPO wasn’t simply a liquidity event. It was a strategic and capita

eXp World Holdings seeks reincorporation from Delaware to Texas

eXp World Holdings, the parent company of eXp Realty, is looking to move to the Lone Star State. The firm’s founder and CEO Glenn Sanford disclosed news of the proposed move in a filing with the Securities and Exchange Commission (SEC) on Wednesday.  The filing included a letter from Sanford to comp

REMAX President Chris Lim on real estate’s inflection moment

As commission structures evolve and consolidation reshapes the real estate industry, REMAX President Chris Lim said the company is tuning out industry noise and concentrating on its core strengths. He sat down with HousingWire during this week’s REMAX R4 conference in Las Vegas — outlining key partn

Real estate agents take notice: Rising consumer delinquencies are repositioning the housing market

Recent data from the Federal Reserve Bank of New York is drawing renewed attention to the condition of U.S. household credit. Delinquency rates across mortgages, credit cards, auto loans and student debt have climbed to their highest levels in nearly a decade, reaching 4.8% of outstanding household

HomeXpress launches on ARIVE, expanding broker access to non-QM and investor loans

California-based lender HomeXpress Mortgage Corp. announced Thursday that it has launched on the ARIVE platform, allowing approved brokers to access HomeXpress products and pricing on ARIVE’s loan origination system. HomeXpress is wholesale lender that specializes in nonqualified mortgages (non-QMs)

Longbridge nearly doubles Q4 profit as parent Ellington reports weaker performance

Shares of Ellington Financial Inc. were pressured after the mortgage real estate investment trust reported a drop in quarterly earnings, although its reverse mortgage subsidiary, Longbridge Financial, turned in another strong performance. Ellington reported lower fourth-quarter 2025 earnings, even a

Rental vacancy data shows progress that can keep mortgage rates lower 

One of the positive housing stories that doesn’t get a lot of attention is the vacancy data we have in the U.S. today, especially the rental vacancy data, which is helping to fight inflation and keep mortgage rates lower. The homeowner vacancy data has improved with the rise in housing inventory, bu

Recruiting Insight adds automation and analytics with HiringCenter Pro

Real estate brokerage recruitment platform Recruiting Insight wants to help firms level up their recruiting game with its new platform HiringCenter Pro.  Launched on Monday, Recruiting Insight describes HiringCenter Pro as an AI-enabled recruiting platform. The company said the platform will help br

Zillow promotes three executives, including new chief product officer

Zillow is making changes to its leadership team. On Wednesday, the company announced the promotions of three existing Zillow leaders.  These appointments include Christopher Roberts as chief product officer, Marissa Brooks as senior vice president of corporate affairs and Jon Lim as senior vice pres

Housing leaders say Trump’s plan must go deeper than lower mortgage rates

President Donald Trump highlighted taxes, inflation and trade in his State of the Union address on Tuesday evening, but he made only a passing reference to housing, leaving affordability largely unaddressed to the chagrin of housing professionals. Housing professionals had expected a larger discussi

How one Florida community transformed hurricane resilience into record sales

Southwest Florida was tagged by homebuilding business strategists and observers as one of the nation’s more difficult and listless markets in 2025. On the other hand, Babcock Ranch – a master-planned, solar-powered community located near Fort Myers – defied gravity, carrying on in better-than-expect

Brown Harris Stevens adds Corcoran agent Debbie Baum

Veteran real estate agent Debbie Baum is making the move to Brown Harris Stevens from Corcoran, according to an announcement on Wednesday.  Baum has more than 23 years of experience serving residential real estate clients in Manhattan. Earlier on in her professional career, Baum spent over 20 years

Addy AI integrates with ICE Encompass for loan officer workflows

Addy AI, a loan officer workflow platform, announced this week a partnership with ICE Mortgage Technology to integrate with the Encompass loan origination system. The integration, which aims to help loan officers spend less time reading PDFs, chasing documents and interpreting findings, is designed

Northeast gains leverage as Sun Belt markets slow

The U.S. housing market is entering spring with improving demand and rising supply, but the balance of power is shifting at the metro level. Weekly pending home sales returned to year-over-year growth at 59,283, up from 56,693 during the same week last year. New listings increased to 60,428, compare

Retirement planning faces longevity risk as Americans live longer

Advancements in health care mean that Americans are living longer than ever. Data from the National Center for Health Statistics shows that U.S. residents born in 2024 have an average life expectancy of 79, an increase of more than six months compared to 2023. While a longer life span is positive ne