Douglas Elliman revenue declines in the face of luxury housing shortage
Douglas Elliman's revenue declined in Q2 as the housing market — particularly the luxury sector — struggled with slower activity, the company said in its 3rd earnings report as a public company
WeWork's losses decline in Q2 as workers returned to the office
Net loss decreased 31% year over year as office occupancy returned to pre-pandemic levels, according to a Q2 earnings report released Thursday by WeWork
by Daniel Houston Aug 5
RE/MAX grows in Q2 despite downgrading 2022 housing outlook
The real estate franchise giant posted higher revenues and expanded profits even as the company downgraded expectations amid a slowing market, according to an earnings report Thursday
by Daniel Houston Aug 4
Premier Agent dips as Zillow hangs on to modest Q2 profit
Market headwinds pushed Zillow Q2 revenues down 23% to $1B. Despite the declines, Zillow is pushing forward with major initiatives including a new partnership with former rival Opendoor
Fathom Holdings doubles revenue in Q2 as mortgage business struggles
The brokerage's revenue grew 52 percent annually in the second quarter, reaching $128.2 million, up from $84.2 million last year, according to an earnings on Thursday.
by Daniel Houston AND Ben Verde Aug 4
Redfin's profits decline in Q2 despite uptick in revenue
Redfin reported $606.9M in second-quarter revenue, a 29% increase compared to the second quarter of 2021, in an earnings report released Thursday afternoon following the close of markets
by Daniel Houston AND Ben Verde Aug 4
Offerpad hangs on to profitability for 3rd-straight quarter amid shift
Offerpad recorded a gross profit of $93M, an 83 percent annual increase and its third straight profitable quarter, according to a Q2 earnings report released Wednesday afternoon
by Daniel Houston AND Ben Verde Aug 3
EXp World Holdings tallies double-digit growth in profit, revenue in Q2
The real estate company's revenue increased 42% annually to $1.4B, and its gross profits increased 34% compared to the second quarter of 2021, according to a Q2 earnings report Wednesday
by Daniel Houston AND Ben Verde Aug 3