Miami was hyped as the next Silicon Valley during the pandemic, but the city saw one of the highest rates of domestic out-migration last year of any major city, indicating that it is a hotspot no more.
The Gibson plaintiffs claimed that eXp negotiated the agreement with the Hooper plaintiffs after conducting prolonged, unsuccessful settlement negotiations with Intervenor Plaintiff counsel, conducting a reverse auction in an attempt to gain a sweetheart deal.
Ginsburg stated that treating builder business as a core pillar rather than a side channel reflects a broader industry shift. He believes a healthy balance of builders should be around 15% to 20% of the overall retail book of business.
HousingWire's 2026 Rising Stars honor industry leaders age 40 and under who are making an impact across mortgage, real estate and homebuilding. The honorees represent a range of roles and are recognized for driving innovation, supporting their organizations and contributing to broader industry progress.
After filing their notice, the parties must observe a mandatory waiting period, which is typically 30 days on most proposed acquisitions. During this waiting period the government agencies review the proposed transaction for potential antitrust concerns. Once the waiting period expires, the companies are free to close the transaction and no further HSR-related approval is required in order for them to be able to close the transaction.
We aren't just looking for the next listing; we're looking toward the next horizon of how global communities are built and experienced. The launch of eXp New Homes is our strategic response to the evolving needs of the new construction sector where precision and partnership are the ultimate currencies. We are empowering our agents to move beyond the traditional resale mindset and step confidently into the role of a strategic new home sales partner.
Compass will display its "Coming Soon" and "Private Exclusive" listings on Redfin. The deal could add over 500,000 additional home listings to Redfin's platform. Rocket Mortgage will be embedded into the Compass platform, offering Compass clients preferred pricing such as a 1% interest rate reduction for the first year or a $6,000 lender credit.
The more productive an agent is, the less likely they are to leave. In the U.S., the majority of departing agents continue to be our lowest producing cohort and agents in the highest producing cohorts are multiple times less likely to churn than our low producing agents.
Glenn Kelman announced on January 13, 2026, that he is stepping down as CEO of Redfin after leading the company for 20 years. His departure follows the $1.75 billion acquisition of Redfin by Rocket Companies, which was finalized in July 2025. Kelman's last official day in the office is Friday, January 16, 2026. Kelman will remain available in an advisory capacity through April 1, 2026, to support the transition.
According to the Wall Street Journal (WSJ) and Bloomberg, antitrust enforcers at the Department of Justice (DOJ) wanted to investigate Compass's recently closed acquisition of Anywhere, but they were blocked by senior officials who wished to green-light the deal. Sources familiar with the situation told both WSJ and Bloomberg that Gail Slater, the head of the DOJ's antitrust division, wanted to undertake an extended review of the proposed merger for potential anticompetitive effects.
By late 2024, Reffkin was blunt about what he sees as Compass's core asset: listing inventory. Listing inventory remains the lifeblood of the residential real estate marketplace, he said, arguing that Compass already has a depth of inventory in many of our local markets that is unmatched. That statement matters because it reveals the company's North Star not merely recruiting or revenue, but the control point Compass believes can reshape consumer behavior and, potentially, the real estate industry.
This launch of a Redfin app in ChatGPT is our way of making home search easier and better as more people use AI platforms to get important information, Ariel Dos Santos, Redfin's senior vice president of product and design, said in a statement. We believe this additional entry point into our listings and data will make home searchers' lives easier, and the experience aligns with our goal of making home search less about filters and more conversational.