Real (Estate) Talk: Is this overzealous charity work or rightful amends by NAR?
Opinion
Historical inequities in the real estate industry created harm, and we have a collective responsibility to make it right, or at least better
by Lee Davenport Aug 9
As proptech stocks get clobbered, investors look to the future
Proptech stocks have lost a quarter of their value over the last year. Investors at Inman Connect Las Vegas Chris Gough, Krishna Srinivasan and Paul Hurst, say there is still a lot to like
by Daniel Houston Aug 5
Douglas Elliman revenue declines in the face of luxury housing shortage
Douglas Elliman's revenue declined in Q2 as the housing market — particularly the luxury sector — struggled with slower activity, the company said in its 3rd earnings report as a public company
WeWork's losses decline in Q2 as workers returned to the office
Net loss decreased 31% year over year as office occupancy returned to pre-pandemic levels, according to a Q2 earnings report released Thursday by WeWork
by Daniel Houston Aug 5
Inman’s Top 5 stories of the week, July 29-Aug. 4, 2022
Catch up on the most-read stories of the week, as determined by Inman readers. Here's Inman Top 5 for July 29-Aug. 4, 2022
by Inman Aug 5
Vrbo traveler deposits fuel strong returns for Expedia in Q2 earnings
Despite new COVID variants posing an ever-present threat and an uncertain global economy, traveler deposits for Vrbo bookings hit $2.8B as of June 30, up from $1.7B at the end of 2021
Rocket stays profitable by a hair in Q2 after cutting $300M in expenses
In addition to shedding workers, the parent company of the nation's biggest lender trimmed marketing, production and other vendor-related costs to beat cost-cutting goal
by Matt Carter Aug 5
Opendoor cutting prices in bid to get surplus inventory off books
The iBuying giant dramatically boosted home sales during the second quarter of 2022, generating $4.2B in revenue, but ended up back in the red with $54M in losses
by Matt Carter Aug 4
RE/MAX grows in Q2 despite downgrading 2022 housing outlook
The real estate franchise giant posted higher revenues and expanded profits even as the company downgraded expectations amid a slowing market, according to an earnings report Thursday
by Daniel Houston Aug 4
Premier Agent dips as Zillow hangs on to modest Q2 profit
Market headwinds pushed Zillow Q2 revenues down 23% to $1B. Despite the declines, Zillow is pushing forward with major initiatives including a new partnership with former rival Opendoor
Fathom Holdings doubles revenue in Q2 as mortgage business struggles
The brokerage's revenue grew 52 percent annually in the second quarter, reaching $128.2 million, up from $84.2 million last year, according to an earnings on Thursday.
by Daniel Houston AND Ben Verde Aug 4
Redfin's profits decline in Q2 despite uptick in revenue
Redfin reported $606.9M in second-quarter revenue, a 29% increase compared to the second quarter of 2021, in an earnings report released Thursday afternoon following the close of markets
by Daniel Houston AND Ben Verde Aug 4
Offerpad hangs on to profitability for 3rd-straight quarter amid shift
Offerpad recorded a gross profit of $93M, an 83 percent annual increase and its third straight profitable quarter, according to a Q2 earnings report released Wednesday afternoon
by Daniel Houston AND Ben Verde Aug 3
EXp World Holdings tallies double-digit growth in profit, revenue in Q2
The real estate company's revenue increased 42% annually to $1.4B, and its gross profits increased 34% compared to the second quarter of 2021, according to a Q2 earnings report Wednesday
by Daniel Houston AND Ben Verde Aug 3
These are the tech tools that are totally worth learning: Pulse
Opinion
This week, you told us which tech tool is so game-changing it's worth taking that class or watching that tutorial
by Inman Aug 3
FTC fines Opendoor $62M for allegedly 'tricking' consumers
Regulators with the Federal Trade Commission on Monday accused the iBuyer of 'cheating' and 'tricking' consumers. Opendoor disagrees with the allegations but has agreed to settle the case
by Jim Dalrymple II Aug 2