Real Estate Markets & Economy
Two or more smaller apartments being combined to make one bigger living space has cost the city over 100,000 housing units, according to 'The New York Times'
EXp World Holdings' revenue declined 2% annually to $1.2B in the third quarter, according to a call on Thursday. The company held onto its profitability, with net income reaching $1.4M
The company posted profits of $98.3M, up 8% from the third quarter of 2022, while tallying $269M in revenue, a decrease of 12% from a year ago, according to third-quarter earnings Thursday
The iBuyer saw revenue fall 71% year over year in the 3rd quarter of 2023. The company also lost $106M — a reversal from Q2's net profit
The iBuyer reported Q3 earnings Thursday, with revenues declining 71% YOY to $234.2M. Offerpad dramatically slimmed losses and is on track to reach Adjusted EBITDA profitability by 2024
'Co-opetition' between agents, tools like ChatGPT, and showing clients your value and how much you care will be important for agent success in 2024, Inman Connect panelists said
Demand for purchase mortgages hit the lowest level since 1995 last week, but relief could be in sight after Federal Reserve policymakers elected not to hike short-term rates on Wednesday
The portal giant brought in $496M in revenue between July and September. That's a 3% increase compared to 1 year earlier
In her Inman Connect conversation, Ivy Zelman said she doesn't see the a repeat of 2008, but she also doesn't expect the market to get easier for anyone anytime soon
Real estate companies have been trapped in a repeating cycle of bad financial quarters. Will this latest round of earnings break the loop, or is the industry doomed to relive it?
When will rising interest rates, low inventory and diminishing buyer hopes translate into falling home prices? Windermere Chief Economist Matthew Gardner weighs in
Housing prices increased 0.4% between July and August and were up 2.6% on an annual basis, representing new highs in many markets
There's already a perfectly simple solution to defining and communicating with buyers about your commission, writes broker-owner Teresa Boardman
Fannie Mae researchers say rising mortgage rates aren't the only reason homeowners have been reluctant to sell, and that a decline in rates won't necessarily produce a flood of for-sale listings
Whether you're saving for something big or trying to figure out how to stay in real estate until the market turns, Erin McCormick Torres offers tips to help you develop new streams of income
Opinion
From clients who ghost you to security concerns and more, the ever-changing real estate industry can be a pretty scary place
There’s a lot going on in real estate and beyond, writes broker Troy Palmquist. Here’s how to block out the things you can’t control so you can get back to business