EXp World Holdings reports first quarter revenue of $583.3M, big 115% jump over 2020
EXp World Holdings reported a strong Q1 2021, according to an earnings release on Thursday. The company grew on all levels while maintaining profitability
by Marian McPherson May 6
5 people to watch at Offerpad as the iBuyer continues to expand
Over the last half decade, the instant cash offer startup upended the industry in no small part due to the people who work there
Bubble Trouble: The housing crash will be even worse than I predicted
Opinion
This is the homeseller market crash. Inventory is at historic lows, affordability is rapidly eroding, and rates are climbing
by Chris Drayer May 6
Redfin reports $268M in revenue in first quarter, 40% jump over same period last year
CEO Glenn Kelman said Wednesday that the company is 'just about hitting on all cylinders' after hiring more agents and lenders
by Jim Dalrymple II May 5
Weaker mortgage demand tied to low inventory, higher prices
Applications for mortgage purchase loans fell for the second week in a row at the end of April, according to the Mortgage Bankers Association's weekly mortgage application survey
by Matt Carter May 5
Bubble trouble: 4 stats that'll give you hope (and 4 that won't)
There are signs of trouble, but vaccinations are up, spending on home construction is up, and overall, there's reason to believe the market will improve
by Jim Dalrymple II May 5
Homeowners are cashing out equity like it's 2005
Alarm bells aren't ringing, but analysts are keeping a close eye on the trend
by Matt Carter May 4
Zillow has most profitable quarter ever — again
The online giant brought in $1.2B in revenue during the first 3 months of 2021 and made $52M in profit. The company also saw unique monthly web users jump 15 percent year-over-year
by Jim Dalrymple II May 4
Demand from millennials fuels biggest home price gains in 15 years
CoreLogic expects national home price appreciation to cool to 3.5% by next year, identifies some markets at risk of price declines
by Matt Carter May 4
Bubble trouble: How agents are managing client anxiety amid bubble talk
Today's crazy market conditions are forcing agents to have sometimes-challenging conversations about what a bubble is and what might happen in a correction
by Jim Dalrymple II May 4
Fears of pandemic-induced foreclosure wave ease
Of the 7.1 million homeowners who were granted forbearance during the pandemic, two-thirds have already left
by Matt Carter May 3
Rising lumber costs add $36K to new home sales prices
The battle between supply and demand has hit the lumber industry hard, as mills struggle to keep up with demand and homebuilders push the costs to buyers
by Marian McPherson May 3
Bubble trouble: Is the market on a collision course with disaster?
Soaring home prices have fueled talk of a bubble. Economists, however, think a gradual slowdown is more likely than a sudden pop
by Jim Dalrymple II May 3
homeseller profits
The typical home sale in the first three months of 2021 generated a profit of $70,050, up from $55,750 in the same period last year
by Kelsey Ramírez Apr 30
Get paid to move: 6 regions wooing new residents with cash perks
Economic councils across the U.S. are trying to lure remote workers with incentives like cash, community events with other transplants, free flights and in the case of the Northwest Arkansas Council, a bicycle. And it seems to be working
by Lillian Dickerson Apr 30
The buyer's agent who padlocked the gate: Stories from the wild world of real estate
Have you heard the latest boots-on-the-ground, can-you-believe-it story? Here are some of the most unusual and bizarre tales from this highly active spring market
by Christy Murdock Apr 30