Transaction volume surged 28% annually at the biggest US real estate holding company
The homebuilder also said its move-up program with Opendoor 'is becoming an industry standard'
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
Despite the nearly 25% decline in revenue, RE/MAX CEO Adam Contos said June was an 'encouraging' month for the housing market
Transaction sides in the franchise and brokerage business both fell more than 20% year over year, but June offered positive signs
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
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
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
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
The full impact of the company's decision to halt homebuying in late March due to COVID-19 is not yet clear
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
Realogy reported Thursday a net loss of $462 million in the first quarter, with a $447 million COVID-19 fueled impairment charge
The company failed to meet the consensus estimate of $0.40 adjusted earnings per share, falling slightly under at $0.39 earnings per share
The company's virtual world platform VirBELA saw its biggest net increase in customers ever in the first quarter of 2020
The company's revenue jumped 158% year-over-year — and other key takeaways from the company's latest earnings report