Rocket Companies See a Positive Net Income for 2022
On trend with complications in the mortgage industry throughout 2022, Rocket Companies, the parent of Rocket Mortgage, saw losses year-over-year ...
Tag: earnings report
With Q4 Revenues Down (Again), Compass Seeks Profitable Direction
Looking back with relief and ahead with confidence, while facing challenges of the now, Robert Reffkin, founder and CEO of ...
eXp Doubles Down Amid Slowing Agent Growth, Falling Transactions
Pioneering virtual brokerage eXp reported slowing transaction volume while still remaining profitable during the challenging market of 2022, taking in ...
iBuyers Suffer Heavy Losses in Q4 After Losing Money on Home Sales
The past year—or at least the second half of it—wasn't too kind to large-scale iBuyers, and it showed as its ...
Anywhere Real Estate Sees a Net Loss for Q4 Amid Market Challenges
The 2022 housing market was full of challenges for most, if not all, members of the industry. Mortgage rates and ...
Strong Earnings Report Takes Backseat to CoStar CEO Stunner: ‘We Are Not Acquiring Realtor.com.’
Halfway through a positive but uneventful Q4 company earnings call on February 21, CoStar CEO Andy Florance suddenly changed gears ...
Housing-Market Headwinds Lead RE/MAX to Q4 Revenue Decline
The final three months of 2022 were a challenge for RE/MAX, as the company tallied a decline in fourth-quarter earnings. ...
Redfin Emphasizing Rentals, Partner Agents After Tough 2022
After taking a battering for most of 2022, topped off by the sudden closure of its iBuying business in November, ...
Zillow Beats Q4 Earnings, Hones in on ‘Super App’
Despite the difficulties and volatility of the 2022 market, and only a little over a year since the company’s huge ...
Compass Tallies Lower Earnings and Higher Losses in Q3
Persisting challenges associated with a transitioning housing market proved to be a problem for Compass, which earned less and lost ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
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