Redfin up, recruitment down: 3Q19's big winners and losers
How did Zillow, eXp Realty, Realogy and homebuyers themselves fare during third-quarter earnings this week?
by Marian McPherson Nov 8
Inman News quiz: Think you're on top of the week's biggest stories?
The real estate industry threw some curveballs. Take Inman's real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week
by Inman Nov 8
News Corp. earnings fall short, but realtor.com parent Move saw growth
The owner of both Move and 'The Wall Street Journal' brought in $2.34B in revenue during the final months of the summer
by Jim Dalrymple II Nov 7
Zillow revenue continues to explode, but losses widen
The ballooning revenue and losses can be attributed to the scaling of Zillow Offers
by Patrick Kearns Nov 7
Housing affordability improved modestly in third quarter: NAR
In the third quarter, mortgage rates fell from 4.08% to 3.71%, according to data from the National Association of Realtors
US home prices spiked nearly everywhere in third quarter: NAR
Home prices rose in 93% of all US metro markets, according to a new National Association of Realtors report
Realogy posts a net loss of $70M in Q3 after $1.6B in revenue
The loss was driven primarily by a $180M impairment at NRT, Realogy's own-side brokerage
by Patrick Kearns Nov 7
Redfin beats expectations, posts $239M in revenue for Q3 2019
The latest earnings report comes as the tech-oriented brokerage steadily expands programs such as RedfinNow and Redfin Direct, which could upend how consumers engage with real estate
by Jim Dalrymple II Nov 6
EXp World Holdings posts major revenue gain, losses narrow
The parent company of eXp Realty beat the consensus estimate, posting a net loss of $0.03 per share and revenue of $282M
by Patrick Kearns Nov 6
Softbank CEO Masayoshi Son
The company also reported it lost $4.6B in its WeWork stock value after WeWork's failed initial public offering
by Patrick Kearns Nov 6
Stagnant homeowners are creating an inventory catch-22
A new study by Redfin revealed the average homeowner in 2019 has lived in their home for 13 years, a 5-year increase from 2009
by Marian McPherson Nov 5
These are the cities with the most Airbnb listings
Hint: They're almost all in Florida
Home prices to spike in 2020: CoreLogic
In September, home prices grew by 3.5% year-over-year
The Statue of Liberty
The data shows that immigrant communities are associated with economic growth
by Lew Sichelman Nov 5
Apple becomes latest company to pledge money for housing crisis
The company announced Monday a $2.5B plan, highlighted by an affordable housing investment fund and a first-time homebuyer assistance program
by Patrick Kearns Nov 4
Hurricane Harvey damage in Port Arthur, Texas
David Burt told Vice that a lot of real estate is massively overpriced and that there's a risk of another foreclosure crisis
by Patrick Kearns Nov 4