Lennar predicts strong home sales 'for the foreseeable future'
The homebuilder also said its move-up program with Opendoor 'is becoming an industry standard'
by Andrea V. Brambila Sep 16
Pre-pandemic inventory lifts Zillow's iBuyer as company rides 'tailwinds'
The online real estate giant brought in $768 million during the second quarter of 2020 while setting a new traffic record with 2.5 billion visits to its website
by Jim Dalrymple II Aug 6
RE/MAX's support for franchisees led to 25% revenue drop in Q2
Despite the nearly 25% decline in revenue, RE/MAX CEO Adam Contos said June was an 'encouraging' month for the housing market
by Patrick Kearns Aug 6
Realogy saw transactions plummet as pandemic raged in Q2
Transaction sides in the franchise and brokerage business both fell more than 20% year over year, but June offered positive signs
by Patrick Kearns Jul 30
Moving at 'breakneck speed,' Redfin posts unexpected revenue growth
After announcing 8% year-over-year revenue growth, CEO Glenn Kelman said 'it would be hard to overstate how strong' the housing market is right now
by Jim Dalrymple II Jul 30
Fannie Mae earnings reveal a steadying housing market
Only 5.7% of the single-family loans guaranteed by the GSE were in forbearance at the end of the second quarter, down from 7% at the end of the previous quarter
by Patrick Kearns Jul 30
Earnings calls will reveal impact of COVID-19 on Zillow, Redfin, Realogy
Company earnings this week and next will likely provide insight in the coming weeks into how big an impact the coronavirus pandemic has had on real estate. Here's what to expect
by Patrick Kearns Jul 28
Earnings offer hope, but 'normalcy' is still distant
The pandemic may continue to wreak havoc for some time, but a strong quarter of earnings offers support to the idea that there's light at the end of the tunnel
by Jim Dalrymple II May 8
Zillow hits $1.1B in revenue in Q1 as losses continue to grow
The full impact of the company's decision to halt homebuying in late March due to COVID-19 is not yet clear
by Patrick Kearns May 7
Realogy, Amazon pause partnership
The company has taken proactive steps to cut costs by up to $100M for every quarter that COVID-19 is impacting the market, Realogy CEO Ryan Schneider said Thursday
by Patrick Kearns May 7
Realogy sees revenue, transactions increase — but losses balloon due to COVID-19
Realogy reported Thursday a net loss of $462 million in the first quarter, with a $447 million COVID-19 fueled impairment charge
by Patrick Kearns May 7
Momentum 'unfortunately interrupted' by virus as RE/MAX reports $70.3M in Q1 revenue
The company failed to meet the consensus estimate of $0.40 adjusted earnings per share, falling slightly under at $0.39 earnings per share
by Patrick Kearns May 6
EXp World Holdings reports 73% revenue increase in Q1
The company's virtual world platform VirBELA saw its biggest net increase in customers ever in the first quarter of 2020
by Patrick Kearns May 5
Zillow's iBuyer sends revenue soaring in Q4, beats expectations
The company's revenue jumped 158% year-over-year — and other key takeaways from the company's latest earnings report
by Jim Dalrymple II Feb 19
Redfin CEO Glenn Kelman at ICNY 19
The company's revenue jumped a whopping 88% year-over-year during the final 3 months of 2019. Here's some key stats worth paying attention to
by Jim Dalrymple II Feb 12