Seattle-based brokerage and portal Redfin's Q3 revenue grew 3% year over year to $278M. However, the company's net losses ballooned 77.8%, according to Thursday's earnings
by Marian McPherson Nov 7
Move's overall revenue dipped 1% between July and September, while revenue from its real estate business — including Realtor.com — dropped 4%, according to Q3 earnings data released Thursday
by Jim Dalrymple II Nov 7
At NAR NXT, panelists Marilyn Wilson, James Dwiggins and Clint Skutchan advised MLSs to make themselves essential without guaranteeing compensation
Move was anticipated by investors that fund most home loans, who have been driving up mortgage rates over concerns about inflation and pace of future Fed rate cuts
by Matt Carter Nov 7
Travelers spent $20.1B on Airbnb in Q3, a 10% increase compared to a year ago, according to earnings results Thursday. Still, a spike in expenses as it seeks to grow overseas cut into profits
by Taylor Anderson Nov 7
Housing market sentiment rose in October to the highest level since February 2022, but 8 in 10 consumers still said it was a bad time to buy: Fannie Mae survey
by Matt Carter Nov 7
Weichert has reached a settlement in a case known as Hooper, according to new court documents. EXp's settlement in that case sparked pushback from plaintiffs in a different lawsuit
by Jim Dalrymple II Nov 7
Plans to eliminate federal income taxes, enact high tariffs and force the Federal Reserve to cut federal funds rates could tank the housing market, economists say
by Marian McPherson Nov 7
Before his retirement, Lorber allegedly underwent a 5-hour-long internal inquiry, Bloomberg reported, during which he revealed relationships with Jennine Gourin and Jessica Cohen
The median price for single-family existing homes increased by 3.1% year over year to $418,700, with the 30-year fixed mortgage rate ranging between 6.08% and 6.95%
by Richelle Hammiel Nov 7