Opendoor reports $1.2B in revenue, beats expectations in Q2
The iBuyer also experienced a loss of $144M between April and June and sold a total of 3,481 homes
by Jim Dalrymple II Aug 11
Compass dramatically trims losses, sees rocketing revenue in Q2
The brokerage lost $7M last quarter, a vast improvement over both the previous quarter and last year. The results earned plaudits from investors
by Jim Dalrymple II Aug 9
EXp rakes in $1B in revenue, sees soaring agent count
The virtual brokerage now boasts 58,263 agents and brokers, a jump of 87% year over year, according to a Q2 earnings report released Wednesday
by Jim Dalrymple II Aug 4
Virtual brokerage Real plans to add thousands of agents, CEO says
Tamir Poleg also believes the currently wild housing market may calm down in the near future, but he doesn't believes there's a bubble forming
by Jim Dalrymple II Jul 27
Matterport finishes first day of trading slightly down
The 3D imaging company's shares debuted Friday at about $14.42 and ended the day around $14.20. The firm went public via a merger with a special acquisition company
by Jim Dalrymple II Jul 26
3D tour giant Matterport makes its stock market debut
The company will begin selling shares via a SPAC merger at a moment when interest in 3D tours is surging — and when more competitors are inching onto Matterport's turf
by Jim Dalrymple II Jul 23
Lumber prices finally drop and the stockpilers prepare to sell
After soaring lumber prices fueled conspiracy theories this spring, and challenged homebuilders faced with an inventory shortage, prices are starting to come down
by Lillian Dickerson Jun 15
Top Coldwell Banker team in Missouri jumps to eXp Realty
The team, which includes 22 agents, is the latest of many that have switched from a legacy brand to the upstart virtual brokerage
by Jim Dalrymple II May 20
Fathom Realty sees jump in revenue, agent count and transactions in Q1
The company, which went public last year, pulled in $49.6 million between January and March — a 72 percent increase year over year
by Jim Dalrymple II May 13
Why are real estate company share prices falling despite good news?
Many real estate companies have reported stronger-than-expected earnings in recent weeks, but their share prices keep dropping
by Jim Dalrymple II May 7
Virtual brokerage Real to begin trading on Nasdaq
The Real Brokerage will begin offering common shares on the Nasdaq during the second quarter of 2020. The company already trades on two other exchanges
by Marian McPherson Apr 22
Compass stock closes at $20.15 per share on first day on the market
The brokerage saw its stock pop as high as $22 before closing at $20.15, an 11.9% jump from the public offering price
by Marian McPherson Apr 1
Compass cuts IPO price range to $18-$19 per share from $23-$26
In advance of tomorrow's long-awaited IPO, the brokerage also slashed the number of shares it expects to sell to 25 million from its initial goal of 36 million
by Marian McPherson Mar 31
What happens when 'meme traders' go after mortgage stocks?
Rocket Companies and LoanDepot briefly followed the trajectory of GameStop this month, seeing share prices spike simply because jokey online traders targeted their shares
by Jim Dalrymple II Mar 5
Rocket Companies stock soars, plummets amid Reddit-driven volatility
The online mortgage company this week has had both its best day ever on the stock market, as well as its worst day
by Jim Dalrymple II Mar 3