News – RISMedia

Report: April Home Prices Posted Strongest Monthly Gain in Nearly Two Years

Beth McGuire — Mon, 11 May 2026 20:16:01 +0000

A new report from data provider Intercontinental Exchange, Inc. (ICE) shows U.S. home prices rose to their strongest single-month gain in nearly two years. The May ICE Mortgage Monitor analysis found prices rose 0.32% in April on a seasonally adjusted basis and while modest on the surface, that pace translates to a 3.9% seasonally adjusted…

The post Report: April Home Prices Posted Strongest Monthly Gain in Nearly Two Years appeared first on RISMedia.

Existing Inventory Continues to Expand as Sales Remain Flat

Claudia Larsen — Mon, 11 May 2026 17:54:15 +0000

While home sales may not be booming in spring like many real estate professionals hoped for, according to the latest data from the National Association of Realtors® (NAR), inventory continues to increase as the potential for a strong summer market grows. NAR’s April Existing-Home Sales report saw a 0.2% month-over-month increase in sales to a…

The post Existing Inventory Continues to Expand as Sales Remain Flat appeared first on RISMedia.

How High-Profile RESPA Litigation Could Reshape Mortgage, Real Estate Referrals

Claudia Larsen — Mon, 11 May 2026 17:37:14 +0000

When Rocket Companies and Zillow find themselves in the crosshairs of federal litigation over alleged referral kickbacks, the industry takes notice. As the headlines fixate on the big players, a quieter anxiety is building among independent mortgage bankers (IMBs) and smaller lenders who lack the firepower to go toe-to-toe in a prolonged legal battle. The…

The post How High-Profile RESPA Litigation Could Reshape Mortgage, Real Estate Referrals appeared first on RISMedia.

COURT REPORT: FTC’s Antitrust Case Against Zillow and Redfin to Proceed

Clarissa Garza — Mon, 11 May 2026 17:19:55 +0000

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. FTC’s antitrust case against Zillow and Redfin to proceed A federal judge in Virginia denied a motion to dismiss the Federal Trade Commission’s (FTC) major antitrust lawsuit against Zillow and Redfin, clearing the…

The post COURT REPORT: FTC’s Antitrust Case Against Zillow and Redfin to Proceed appeared first on RISMedia.

eXp Leadership Discusses Specifics of NextHome Integration, Financials

Clarissa Garza — Mon, 11 May 2026 17:16:47 +0000

eXp World Holdings reported first quarter 2026 results Monday morning that exceeded the company’s revenue expectations and showcased what it described as operational improvements—even as executives signaled a strategic pivot through its acquisition of NextHome, a move that fundamentally broadens how eXp approaches the agent market. The company reported a revenue of $1 billion, up…

The post eXp Leadership Discusses Specifics of NextHome Integration, Financials appeared first on RISMedia.

‘The Machine Is Working’: Opendoor Pushing for Profitability by End of 2026

Claudia Larsen — Fri, 08 May 2026 18:24:02 +0000

iBuyer Opendoor is continuing to hold its positive view as it pushed forward with its Opendoor 2.0 initiative to bring the company back to significant profitability, as executives expressed in its Q1 Open House. The company’s Q1 earnings report outlined another mixed quarter for the iBuyer, with several goals met while other metrics remained less…

The post ‘The Machine Is Working’: Opendoor Pushing for Profitability by End of 2026 appeared first on RISMedia.

How Oppy’s AI Assistants Are Revolutionizing Real Estate—and Why Brokers Can’t Ignore It

Beth McGuire — Fri, 08 May 2026 17:38:30 +0000

When a new lead fills out a contact form at 10:47 p.m. on a Tuesday, the clock starts ticking—but the competition doesn’t wait. In real estate, response time isn’t just a metric; it’s often the difference between securing a client or watching them move onto the next agent. That reality is exactly what inspired serial…

The post How Oppy’s AI Assistants Are Revolutionizing Real Estate—and Why Brokers Can’t Ignore It appeared first on RISMedia.

HomeServices Appoints Lane McCormack President of Berkshire Hathaway HomeServices Beach Properties of Florida

Paige Brown — Fri, 08 May 2026 16:52:48 +0000

Above, Lane McCormack HomeServices of America has named Lane McCormack president of Berkshire Hathaway HomeServices Beach Properties of Florida. McCormack brings more than 28 years of real estate industry experience to the role, including leadership positions focused on brokerage growth, operations and luxury real estate. She joins Beach Properties following seven years with Ansley Real…

The post HomeServices Appoints Lane McCormack President of Berkshire Hathaway HomeServices Beach Properties of Florida appeared first on RISMedia.

REMAX Financials Show Decline in U.S. Agent Count Ahead of Merger

Clarissa Garza — Fri, 08 May 2026 16:36:12 +0000

REMAX Holdings reported Q1 2026 results on May 8, presumably the company’s last financial report as an independent entity after being acquired by Real Brokerage for $880 million late last month. The disclosure showed total revenue of $70.2 million, down 5.7% year-over-year. Adjusted EBITDA declined 19.3% to $15.6 million, with adjusted EBITDA margin contracting to…

The post REMAX Financials Show Decline in U.S. Agent Count Ahead of Merger appeared first on RISMedia.

Labor Market Stabilizes Despite Pressures—But Real Estate Needs More

Jesse Williams — Fri, 08 May 2026 16:33:11 +0000

The United States added 115,000 jobs in April, according to the Bureau of Labor Statistics, significantly beating analysts’ expectations as employers continue to shrug off high energy costs and geopolitical uncertainty—something buyers and sellers have been less willing to do. With an unemployment rate now at 4.3% and an average 48,000 payrolls added per month…

The post Labor Market Stabilizes Despite Pressures—But Real Estate Needs More appeared first on RISMedia.