HouseCanary expands Google home listings nationwide

👋 Welcome back to Tuesday.

Today's newsletter is 772 words — a 2.5-minute read. Let’s dive in…

1. Fathom and Neighborhood Intelligence scrap merger

Fathom Holdings and Neighborhood Intelligence, formerly Bed Bath & Beyond, have mutually terminated their planned merger, saying current valuations no longer reflected the fair value of either company for shareholders.

The deal had been shaky for months. Just three days before the merger was publicly announced, Fathom’s board met to consider a proposal to cut the merger consideration by 10%. The companies also explored an alternative deal focused on Neighborhood Intelligence’s digital assets before abandoning that plan.

Both companies will remain independent, while Neighborhood Intelligence will retain its blockchain and digital asset holdings. The companies said they may still collaborate on data sharing, technology and other assets. Fathom will also remain responsible for a roughly $3 million bridge loan from Neighborhood Intelligence that matures in April 2027.

2. Home flipping profits continue to decline

Home flipping profits continued their two-year decline in the second quarter, with the typical flipped home generating a 21.5% gross return, down from 25.7% in Q1 and 27.6% a year earlier, according to an ATTOM report.

There were 77,991 flips, or 6.2% of all home sales, down from 8% in the first quarter and 7.3% a year earlier. Typical gross profit fell to $60,526, from $71,000 a year earlier.

Here are other key takeaways:

• Texas flippers faced some of the weakest returns among major markets. San Antonio posted a 0.3% loss, while typical returns were just 1.8% in Dallas, 2.8% in Austin and 3.7% in Houston.

• Dallas also had one of the nation's highest flipping rates at 9.4% of home sales, ranking fourth among major metros.

• Nationally, flips took an average 161 days from purchase to resale, while homes bought for $100,000 to $200,000 generated the strongest typical returns at 28%.

A MESSAGE FROM DAVE YOUR MORTGAGE GUY

The Most Aggressive No Doc Loan I've Ever Seen!
26 years in mortgages, and I've never seen guidelines like these!
✅ No minimum credit score
✅ No income documentation
✅ One day out of bankruptcy? Possible.
✅ ITIN borrowers accepted
✅ Gift funds allowed
The catch? 45% down.
Have a buyer who can't qualify traditionally? This could be their solution! LINK

3. Catch up quick

⛳ Tiger Woods leads Texas gated golf community with homes starting at $1 Million. (Bluejack)

🚨 Vishal regains control of Better’s board after receiving 52% shareholder support. (Better)

⚖️ Ex-Houston housing official, Todd Edwards, sentenced to 10 years for Third Ward embezzlement. (TRD)

🏗️ Hines acquires Brown Ranch in Fort Worth, plans 3,800 homes. (FWR)

4. HomeServices of America acquires 1000WATT

HomeServices of America has acquired 1000WATT, bringing the residential real estate strategy and creative firm's full team, proprietary research and marketing capabilities into its national network.

1000WATT co-founders Brian Boero and Marc Davison will join HomeServices as chief marketing and strategy officer and chief creative officer, respectively.

The firm's research platform will be leveraged across HomeServices' operating companies and HSF Affiliates, including the Berkshire Hathaway HomeServices franchise network.

A MESSAGE FROM SUPERHUMAN AI

200+ Proven Ways to Make Money With AI in 2026

The next wave of millionaires will be people who figured out how to make AI work for them.

The window to get ahead is still open. But not for long.

Here are 200+ proven ways to make money with AI in 2026.

Sign up for Superhuman AI, the free daily newsletter read by 1M+ professionals, and get instant access to all 200+ ways to profit from AI this year.

Claim your free list

5. HouseCanary expands Google home listings nationwide

Google is expanding its home-listing search feature to all 50 states, allowing eligible MLS listings to appear directly in mobile search results. The program, launched with HouseCanary, will show property details and give consumers a click-to-contact option. Participating brokers can opt in or out at no cost.

The rollout follows an earlier test that was scaled back over concerns about how HouseCanary accessed MLS data. Google and HouseCanary relaunched the program with MLS and brokerage participation, and the national expansion will include listings only from participating MLSs. Brokers can also establish direct data feeds with their MLS.

The expansion comes as HouseCanary faces significant financial and legal challenges. The company is pursuing more than $260 million from Rocket Close — including a $175 million jury award plus interest and fees — in a long-running trade-secret case, while HouseCanary and five affiliates recently filed for Chapter 11 bankruptcy after defaulting on a $30 million loan. Rocket Close plans to appeal the verdict, and a final judgment has not yet been entered.

☀️ Thank you for starting your day with us!

If you like this newsletter, your friends may too. Forward it to a friend, and let them know they can subscribe here.

Interested in advertising to 35k+ Texas Realtors? Email Us