news aggregator
RE/MAX revenue drops for 7th consecutive quarter
Expedia adjusts full-year guidance amid slump in Vrbo bookings
Lake Home vs. Beach House: Pros and Cons of Each
When choosing a dream vacation home or a permanent residence, deciding between a lake house and a beach house is a common dilemma. If you have vacationed and enjoyed both, the decision could be challenging. Sometimes, when vacationing in either location for a short period, you may not think about the long-term consequences of ownership.…
The post Lake Home vs. Beach House: Pros and Cons of Each appeared first on RISMedia.
Opendoor revenue dips and losses rise amid Q1 transaction slump
CRD Connect: Advancing Homeownership
Research consistently shows that the housing sector has a profound impact on the health of the economy and that homeownership offers long-term social and financial benefits. The last decade, in particular, has witnessed property values soaring, causing homeowners to realize unprecedented equity gains. Beyond the fiscal advantages, the societal benefits of owning a home are…
The post CRD Connect: Advancing Homeownership appeared first on RISMedia.
Fathom Realty unveils partnerships with CE Shop, Working Advantage
Christie’s International Partners with ShowingTime+ for Listing Showcase®
ShowingTime+ and Christie’s International Real Estate Group announced an agreement that allows Christie’s agents to provide Listing Showcase®—the AI-powered listing experience only available on Zillow—to home sellers in that tri-state area. Listing Showcase is a listing experience and a real estate marketing solution in one, ShowingTime+ stated. Agents who include Listing Showcase as part of…
The post Christie’s International Partners with ShowingTime+ for Listing Showcase® appeared first on RISMedia.
eXp Exceeds Expected Revenue Rate for Q1, but Agent Count Remains Down Year-Over-Year
Despite ongoing legal woes and a drop in agents, virtual national brokerage eXp reported year-over-year revenue and profit growth in its Q1 2024 earnings call on Wednesday. Transactions also increased 8% to 110,976 year-over-year, the company reported. “During the first quarter, our agents closed over $37 billion of transactions, a 12% year-over-year increase, underscoring eXp’s…
The post eXp Exceeds Expected Revenue Rate for Q1, but Agent Count Remains Down Year-Over-Year appeared first on RISMedia.
eXp World Holdings Exceeds Expected Revenue Rate for Q1, but Agent Count Remains Down Year-Over-Year
Despite ongoing legal woes and a drop in agents, virtual national brokerage eXp reported year-over-year revenue and profit growth in its Q1 2024 earnings call on Wednesday. Transactions also increased 8% to 110,976 year-over-year, the company reported. “During the first quarter, our agents closed over $37 billion of transactions, a 12% year-over-year increase, underscoring eXp’s…
The post eXp World Holdings Exceeds Expected Revenue Rate for Q1, but Agent Count Remains Down Year-Over-Year appeared first on RISMedia.
Zillow Sees the Positives in a Post-Settlement Industry in Latest Earnings Call
At the end of 2023, Zillow pointed to the consistency of its earning results to paint a rosy picture of the company’s future. Reported revenue was up year-over-year in Q4 2023 ($474 million), though there was a net loss of $74 million, about the same as the year before. In its first quarterly report of…
The post Zillow Sees the Positives in a Post-Settlement Industry in Latest Earnings Call appeared first on RISMedia.
The silver lining behind the market’s mixed messages
Bad at math? Let David Childers illuminate the latest data
Mortgage Rates Increase for Fifth-Straight Week
The 30-year fixed-rate mortgage (FRM) averaged 7.22% this week, rising for the fifth-consecutive week and up from last week’s 7.17%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. This week’s numbers: The 30-year FRM averaged 7.22% as of May 2, 2024, up from last week when it averaged 7.17%.…
The post Mortgage Rates Increase for Fifth-Straight Week appeared first on RISMedia.