Remove Brokerage Remove Equity Remove Technology
article thumbnail

Splitero secures $350M in funding from Blue Owl Capital

Housing Wire

As consumer debt reaches all-time highs and the cost of living continues to escalate, home equity investment fintech Splitero on Thursday announced a purchase commitment from funds managed by asset manager Blue Owl Capital. trillion in equity, of which $11.2 At the end of third-quarter 2024, U.S. mortgage holders held $17.2

article thumbnail

Survey shows buyers gaining leverage as real estate market slows

Housing Wire

The housing market continued to cool in May, with buyer leverage increasing across many regions of the country, according to a new survey from The Real Brokerage. Branding takes back seat to economics, culture Survey findings suggest that brand reputation plays a limited role in how agents choose a brokerage.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Rocket-Redfin deal sparks uncertainty over Bay Equity’s future

Housing Wire

billion deal to acquire digital real estate brokerage firm Redfin , industry observers are still trying to understand the future of one key asset: Bay Equity Home Loans. While the companies remain quiet on their plans, some Bay Equity employees arent waiting for answerstheyre already looking for new jobs. billion in 2022, $4.2

article thumbnail

Tech Pulse: Realtor.com adds property tax appeal; PropStream expands lead generation

Housing Wire

Welcome back to Tech Pulse — HousingWire ‘s weekly series rounding up the latest in technology — including tools, integrations and trends that impact mortgage and real estate. With no association membership required and an equity-ownership model, REsides aims to empower real estate professionals and support growth.

MLS
article thumbnail

Rocket Companies announces deal to acquire Redfin for $1.75 billion

Housing Wire

Today, Rocket Companies announced it has entered into an agreement to purchase digital real estate brokerage Redfin in an all-stock transaction valued at $1.75 billion in equity. The deal, which has been approved by the boards of directors of both Rocket Companies and Redfin, is expected to close in the second or third quarter of 2025.

article thumbnail

The Real Brokerage is banking on ‘pure tech innovation’

Housing Wire

While many brokerage leaders experiment with reimagined commission models and marginal tweaks, The Real Brokerage is playing a different game altogether. That focus on technology is what Poleg says will propel the firm’s growth. That focus on technology is what Poleg says will propel the firm’s growth.

article thumbnail

Stone Point Capital takes a stake in Keller Williams

Housing Wire

Keller Williams has entered into a strategic partnership with private equity firm Stone Point Capital , according to an announcement on Monday. Stone Point is no stranger to the real estate industry, as it also holds strategic investments in Lone Wolf Technologies , Homepoint , CoreLogic and Meridian.