The Consumer Federation of America raised eyebrows and hackles with its advice to pay only the equivalent of a 2% commission for both real estate purchases and sales
The iBuyer declined to confirm how many employees have been let go. Recent SEC filings show widespread cuts compared to a year earlier
A surprise drop in mortgage rates got homebuyers off the sidelines and into home tours. However, affordability and recessionary concerns have kept buyers from making purchases
The firm reported total lodging bookings of $20.7B for Q2 across all of its platforms
Consumer guides from the trade group offer a contrast to previous messaging, but also continue to promote pre-emptive offers of compensation to buyer agents
Franchisor reported its US agent count fell 6.3% during the second quarter as revenue fell 4.8% compared to a year earlier, according to its earnings report
Realtor.com parent company Move Inc. saw its fiscal Q4 revenue decrease 2% yearly to $143M as traffic to the site stalls at 74M average monthly unique visitors
Ultra-luxury sales in coastal enclaves and ultra-luxury hotspots bolstered sales beyond those of last year, according to a report released by Compass this week
The company's improved financial results no doubt came as a sigh of relief, as Elliman faced increasing pressure from shareholders because of its shaky performance in recent quarters
The big drop in mortgage rates did more to spur refinancing than homebuying, according to a weekly survey of lenders by the Mortgage Bankers Association, and now rates are rising again
After 5 years back at the helm, Zillow Group co-founder Rich Barton steps down as CEO. Former COO Jeremy Wacksman takes the reins as the company charges past 'Portal 1.0'
Fannie Mae survey shows would-be homebuyers grew even more frustrated with elevated home prices and mortgage rates in July, but 7 in 10 didn't think rates would come down anytime soon
Households have deferred moving, partially due to high 'hidden' homeownership costs such as property taxes, insurance and climate change, according to a report
The cloud-based brokerage saw surprisingly positive Q2 earnings results during a tough market. Chairman and CEO Tamir Poleg said the results were a testament to the firm's model
In Q2 earnings, the nation's largest mortgage lender posted a healthy $76M profit, paid down debt and said it's in prime position to capitalize and grow as mortgage rates drop to 2024 lows
Total revenue grew to $42.2M during Q2 2024, up from $39.6M the previous year, as the company worked to increase its market share