Fathom Realty CEO says company will be ‘EBITDA positive’ in Q2
New Elevate program providing “concierge-level services” to agents is off to such a strong start that Fathom will temporarily suspend guidance while it reworks 2025 forecast.
Appraisal Institute rocked by NYT exposé, lawsuits by former execs
Professional association is fighting accusations that it knowingly reported inaccurate exam scores to state agencies and ignored a top executive's alleged sexual harassment of multiple employees.
Prefab home companies step in to rebuild LA wildfire zones
Labor shortages, high material costs and permitting delays have stretched rebuilding timelines into years. In response, a wave of prefab housing companies is stepping in with solutions to meet the urgency of the moment. Plant Prefab, Azure Printed Homes and Ark Container Homes are answering the call.
Texas governor attempts to squash Muslim residential development
On Sunday, Texas Governor Greg Abbott announced that he'd halted development on a Muslim mixed-use project in Plano due to several alleged violations. However, the developers said Abbott's investigations are unfounded and rooted in Islamophobia.
Berkshire Hathaway, Crye-Leike attempts to transfer case denied
The denial by Judge Stephen Bough is the latest in a string of court losses for the two remaining real estate companies that have yet to reach settlement agreements in homeseller commission cases.
Mortgage lender Lower acquires Movoto and parent OJO
The deal will give Lower greater reach, while also contributing to an "end-to-end homeownership" platform — increasingly the holy grail of real estate technology.
Barbara Corcoran’s NYC penthouse goes under contract in a day
Corcoran asked $12 million for the Fifth Ave. duplex with sweeping Central Park views and reportedly received multiple bids that pushed the contract price above asking.
CFPB rescinds dozens of policies as court battle over its fate rages on
A hearing on an order barring the Trump administration’s move to fire all but 200 of the CFPB’s 1,700 employees is set for Friday, with Democrats calling it an attempt to dismantle the bureau.
Judge strikes John Davis’ request from record, calling it ‘scandalous’
Judge called Davis’ demand for arbitration "redundant, immaterial, impertinent, and scandalous," but ruled the former CEO made reasonable attempts to arbitrate his case against Keller Williams.