While mortgage originations were up 34% from a year ago, to $7.2B, shares dip below 12-month low after company executives said they don't expect Q1 2025 lending to surpass $5.5B
The company squeaked out of 2024 with improved quarterly losses, even though net losses for the year were significant. CEO Michael Liebowitz expressed optimism for the firm's future
Companies doubling down on rentals, AI and streamlined operations pulled ahead, while others struggled with agent attrition and slowing sales
The iBuyer's $1.1B in Q4 revenue wasn't enough to offset a loss of $113M. However, CEO Carrie Wheeler said the company entered 2025 as 'a leaner, more efficient business'
Total revenue was $169.7M, up 8% compared to a year earlier, boosted by its 1.2 million subscribers as the company bolstered its ongoing revenue streams
In a year when home sales hit a 3-decade low, the nation's biggest mortgage lender racked up a $329M profit and made $96.1B in loans to homebuyers -- the company's best year ever
$17.3M Q4 2024 net loss is a 28% increase from the previous quarter, as homes acquired dipped 9% to 384, and homes sold fell 18% to 503. Profits on each sale were also down 24%
A drop in expenses was enough to offset falling revenue from franchise fees and annual dues that make up about 70% of RE/MAX's revenue, the company said on Thursday
The virtual brokerage ended 2024 with 82,980 agents — a 5% drop compared to the previous year, according to Q4 earnings data. EXp also posted $1.1B in revenue in the final 3 months of last year
Virginia-based portal CoStar Group grew its revenue 11% in Q4, to $709M, executives said Tuesday. Traffic to Homes.com Network remained steady, with 110M average monthly unique visitors
The company now has 17,752 principal agents. Founder and CEO Robert Reffkin said in a new earnings report that he believes his company will pull ahead in 2025
Airbnb said it would spend over $200M on unspecified investments this year as it looks to continue its post-pandemic boom. The company reported revenue has tripled since it went public
The real estate franchisor improved losses, revenue and combined closed transaction volume during Q4 2024 to put a cap on the year. Luxury continued to outperform the general market