Low-fee, alternative models lead real estate on Inc. 5000

Low-fee, team brokerage and alternative models lead the 2021 Inc. 5000 rankings, mirroring the 2021 RealTrends 500 rankings. Some 68 fast growing real estate brokerage firms, teams and alternative models made the list. The average three-year revenue growth rate for ranked real estate firms was 311%. Inc. 5000 Coverage |

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OJO Labs leads list of tech companies on Inc. 5000

Only 32 private technology companies that provide solutions for mortgage and real estate made it into the 2021 Inc. 5000 list. (Some of these are listed on the Inc. list under Real Estate or Financial Services, but they are tech providers.) Inc. 5000 Coverage | Housing Verticals The top ranked

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Here’s where the oldest and youngest homeowners live

Have you ever considered the median age of homeowners in your area? According to a study conducted by LendingTree, homeowners gravitate towards specific parts of the country depending on their age. Millennial buyers, for instance, are more prominent in Colorado while older buyers are more likely to put down roots

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Keller Williams wants to be a different kind of iBuyer

Raymond “RJ” Jones, head of Keller Offers and Keller Manage It can no longer be said that iBuying is merely the domain of venture capital-backed startups or buzzy listings platforms. It’s gone relatively mainstream. In just the past few weeks, nonbank mortgage lenders Rocket Companies and Better.com have revealed plans

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Blend loses $40M in Q2, but grows customer base

Cloud-banking software company Blend Labs posted a $39.6 million operational loss for the second quarter of 2021, its first as a publicly traded company. The firm, led by Nima Ghamsari, saw both a rise in revenue and a widening of operational losses in the quarter. Revenue ticked up to $32.1

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Utah Professional Women in Building group leaves a mark

Utah Professional Women in Building group In 2018, Kristin Smith was tasked with starting the first-ever Utah Professional Women in Building group. Now, in 2021, the large, female-only company designed and constructed a home that was showcased in the 2021 Utah Valley Parade of Homes — and sold to benefit

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Better expands real estate, explores iBuying

Christian Wallace, Head of Real Estate Services at Better.com Better.com, a digital mortgage lender that is set to go public later this year, unveiled Thursday another expansion of its in-house real estate group, one that has a unique business model in the world of brokerage. The seven-year-old, New York City-based

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Mortgage delinquencies shrink in Q2

Delinquency rates for mortgage loans on one-to-four-unit residential properties shrank across the board to 5.47% in the second quarter, according to a Mortgage Bankers Association survey published this week. Compared to the previous quarter, the delinquency rate dropped 91 basis points and was down a whopping 275 bps from a

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Mortgage rates dip slightly to 2.86%

The average 30-year fixed-rate mortgage declined slightly to 2.86% for the week ending in August 19, according to mortgage rates data released Thursday by Freddie Mac‘s PMMS. The week prior, mortgage rates rose to 2.87%, after six consecutive weeks of mortgage rate declines. This week’s slight decline tracks closely with

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