Vacasa revenue hits all-time high in Q3
The company's gross booking value surged 97% year over year to $776 million. In response, revenue also hit a record high of $330 million, up 77% year over year
by Lillian Dickerson Nov 15
WeWork tallies revenue increase in first earnings as a public company
The embattled co-working startup saw revenue increase and its losses improve while All Access memberships rose 60% from the previous quarter
by Lillian Dickerson Nov 15
Fake landlord and deed fraud scams plague Detroit buyers and renters
Cash sales don't provide safeguards like title searches that mortgage companies insist on when they're financing a deal
by Matt Carter Nov 12
Sellers are banking on red-hot buyer demand this fall: realtor.com
Realtor.com's latest study revealed 65% of homesellers are planning to sell in the next 6 months, as they're seeking to take advantage of strong seller's market before the tide turns
by Marian McPherson Nov 12
Politics are polarizing — and they're impacting where people want to live: study
From how well an area's politics jibe with an individual's own to how a place has handled the pandemic, politics are influencing where people want to live, according to Zumper
by Lillian Dickerson Nov 11
Grant Cardone: Real estate is in 'a super cycle of super cycles'
Cardone made the comments while onstage Thursday at eXp Realty's Las Vegas gathering EXPCON
by Jim Dalrymple II Nov 11
Seasonality is back, iBuying is alive, and other big earnings takeaways
This week saw a flood of real estate company earnings reports. Overall, they indicate the market is well-positioned and maybe returning to some semblance of normalcy
by Jim Dalrymple II Nov 11
Recent pullback in mortgage rates lifts outlook for home demand
A monthlong upswing in mortgage rates came to a halt in the past 2 weeks, with rates for 30-year loans retreating back below 3 percent
by Daniel Houston Nov 11
Offerpad sees surging growth in Q3 across revenue, profits, homes sold
CEO Brian Bair offered reassurance in the wake of Zillow's iBuying exit that Offerpad's business model is working
by Lillian Dickerson Nov 10
Fathom reports major double-digit growth in revenue and agents in Q3
Revenue was up 80%, real estate transactions were up 42% and agent count grew by 50% at the end-to-end services platform
by Matt Carter Nov 10
Compass sees both revenue and losses rise in 3rd quarter
The brokerage brought in $1.74B between July and September, but also lost $100M — and sees seasonality returning to the business
by Jim Dalrymple II Nov 10
Keller Williams sees transactions dip, volume rise in Q3 — but no word on IPO
The company's latest earnings report reveals that the coronavirus pandemic is still impacting the housing market
by Jim Dalrymple II Nov 10
US sees 8th record-breaking month of high-speed sales
Amid the continued shattering of annual sales pace records, inventory also took a slight hit during October, a report from realtor.com shows
by Lillian Dickerson Nov 10
Home prices see double-digit price surge across almost 80% of metros in Q3: NAR
The median sales price of single-family existing homes increased in 99% of the 183 markets measured by the National Association of Realtors, while 78% of markets saw double-digit price gains
by Lillian Dickerson Nov 10
FHFA
Requests to refinance accounted for almost two-thirds of all mortgage applications during the week ending Nov. 5
by Matt Carter Nov 10
Rising mortgage rates won't be 'major deterrent to homebuyers'
Although rates will rise, they will remain very competitive when compared to historic averages, and it would take a significantly greater increase in rates to negatively impact prices. Windermere Chief Economist Matthew Gardner explains why
by Matthew Gardner Nov 10