Moving at 'breakneck speed,' Redfin posts unexpected revenue growth
After announcing 8% year-over-year revenue growth, CEO Glenn Kelman said 'it would be hard to overstate how strong' the housing market is right now
by Jim Dalrymple II Jul 30
Fannie Mae earnings reveal a steadying housing market
Only 5.7% of the single-family loans guaranteed by the GSE were in forbearance at the end of the second quarter, down from 7% at the end of the previous quarter
by Patrick Kearns Jul 30
Earnings calls will reveal impact of COVID-19 on Zillow, Redfin, Realogy
Company earnings this week and next will likely provide insight in the coming weeks into how big an impact the coronavirus pandemic has had on real estate. Here's what to expect
by Patrick Kearns Jul 28
Earnings offer hope, but 'normalcy' is still distant
The pandemic may continue to wreak havoc for some time, but a strong quarter of earnings offers support to the idea that there's light at the end of the tunnel
by Jim Dalrymple II May 8
Zillow hits $1.1B in revenue in Q1 as losses continue to grow
The full impact of the company's decision to halt homebuying in late March due to COVID-19 is not yet clear
by Patrick Kearns May 7
Realogy, Amazon pause partnership
The company has taken proactive steps to cut costs by up to $100M for every quarter that COVID-19 is impacting the market, Realogy CEO Ryan Schneider said Thursday
by Patrick Kearns May 7
Realogy sees revenue, transactions increase — but losses balloon due to COVID-19
Realogy reported Thursday a net loss of $462 million in the first quarter, with a $447 million COVID-19 fueled impairment charge
by Patrick Kearns May 7
Momentum 'unfortunately interrupted' by virus as RE/MAX reports $70.3M in Q1 revenue
The company failed to meet the consensus estimate of $0.40 adjusted earnings per share, falling slightly under at $0.39 earnings per share
by Patrick Kearns May 6
EXp World Holdings reports 73% revenue increase in Q1
The company's virtual world platform VirBELA saw its biggest net increase in customers ever in the first quarter of 2020
by Patrick Kearns May 5
Zillow's iBuyer sends revenue soaring in Q4, beats expectations
The company's revenue jumped 158% year-over-year — and other key takeaways from the company's latest earnings report
by Jim Dalrymple II Feb 19
Redfin CEO Glenn Kelman at ICNY 19
The company's revenue jumped a whopping 88% year-over-year during the final 3 months of 2019. Here's some key stats worth paying attention to
by Jim Dalrymple II Feb 12
Realtor.com sees growth, parent company revenues fall
The parent company of realtor.com owner Move also said revenue from its real estate services declined 5% year-over-year
by Jim Dalrymple II Feb 6
RE/MAX hints acquisitions could fuel premium tech add-ons
In the company's Q3 earnings call, executives revealed that bolt-on acquisitions could add paid services to its platform
by Patrick Kearns Nov 1
RE/MAX beats estimates with $71.5M in revenue in Q3 2019
The large franchisor also said Thursday it saw a 3.5% increase in its total agent count
by Jim Dalrymple II Oct 31
CoreLogic beats consensus, posts net income of $41M in Q3
The financial services and analytics firm, which provides products and services to the real estate industry, generated $459M in revenue in Q3
by Patrick Kearns Oct 23