RE/MAX Loses Revenue, but Gains Agents in Q2 2023
RE/MAX, one of the biggest household names of the real estate industry, suffered losses in Q2 2023 due to market...
Premier
Zillow Overperforms Internal Projections in Q2 2023
In its Q2 earnings call this week, Zillow claims that the quarterly results for revenue and adjusted EBITDA (earnings before...
Housing Recession ‘Essentially Over,’ Says NAR Economist
Almost exactly a year ago, National Association of REALTORS® (NAR) Chief Economist Dr. Lawrence Yun first coined the term “housing...
Offerpad Sees Progress as Q2 Net Loss Lower Than Previous Quarters
Normally, a $20 million quarterly net loss wouldn’t be grist for positive spin, but Offerpad spun it that way, citing...
Mortgage Rates Continue Edging Toward 7%
The 30-year fixed-rate mortgage (FRM) averaged 6.90% this week, up for the second week in a row from last week’s...
Report: Housing Market Avoids Post-Pandemic ‘Crash’ Despite Lingering Challenges
The housing market has gone through its share of changes in the past three years. While many reveled in the...
The Power Broker Interview: First Team’s Michele Harrington
For Michele Harrington, chief operating officer of First Team Real Estate in Southern California, while the shift in market at...
Housing Inventory Remains Low in July
Despite the push for inventory growth, active listings slowed for the fourth month in a row in July, according to...
Zillow and Redfin Partner to Share New-Construction Listings
And just like that, a pair of rivals in the real estate portal sector are teaming up. As they prepare...
Annual Foreign Investment in U.S. Existing-Home Sales Declined 9.6% to $53.3 Billion
A new report from the National Association of REALTORS® (NAR) shows foreign buyers purchased $53.3 billion worth of U.S. existing...
Condo or House? Helping Clients Decide Which Makes More Sense
With home prices still elevated in much of the country, condos have become more realistic for buyers determined to exit the rental train. Read more.
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