RE/MAX CEO: Balanced housing market, seasonal norms will return

RE/MAX CEO Adam Contos stressed during a third-quarter earnings call Tuesday that the company’s recent investments are beginning to pay off and that it’s on firm footing for 2022. Continue reading

Offerpad sees surging growth in Q3 across revenue, profits, homes sold

The company’s CEO Brian Bair was able to offer shareholders reassurance in the wake of Zillow’s iBuying flop by providing hard data to show that Offerpad’s business model is working. Continue reading

Airbnb revenue and income hit an all-time high in Q3

As pent-up travel demand and the ability to work remotely came to a head, the company’s revenue increased 67 percent year over year, and income surged 280 percent year over year. Continue reading

Vrbo drove Expedia Group to surpass Q3 earnings expectations

Expedia Group’s CEO said the short-term rental platform was “a particular highlight” that helped the company’s strong performance during the quarter. Continue reading

Realtor.com, real estate services generate 2% revenue growth for News Corp

Move and REA Group raked in $18 million, but increased investments in Opcity diminished News Corp’s overall quarterly revenue by 8 percent, according to an earnings call Thursday. Continue reading