Major companies share how much money they made as the real estate market veered south earlier this year and as Inman Connect unfolds, bringing these leaders together in Las Vegas. Continue reading
As real estate enters what one observer called a “Wile E. Coyote” moment, real estate companies’ share prices continue to struggle amid market uncertainty. Continue reading
Compass agents did 47,367 deals between January and March of 2022, which represents a new high for the brokerage, according to a Q1 earnings call on Thursday. Continue reading
The company reported soaring revenues in the first quarter of 2022 but also continued its Zillow Offers wind-down, which the company said has entered its final days. Continue reading
The iBuyer earned about $41 million in profit during the first three months of 2022, beating the results of its also-profitable run at the end of 2021, according to an Q1 earnings call on Wednesday. Continue reading
The operator of Berkshire Hathaway HomeServices saw net income from real estate fall 75 percent year over year, according to earnings released at so-called “Woodstock of Capitalism” this weekend. Continue reading
The company turned a profit during the first quarter of the year, though its agent count only ticked upward modestly, according to earnings released Thursday. Continue reading
The company’s gross booking value surged 97 percent year over year to $776 million. In response, revenue also hit a record high of $330 million, up 77 percent year over year. Continue reading
IBuying giant Opendoor posts another solid quarter as the coronavirus-induced boom in housing demand pushed the company’s revenue to new highs. Continue reading
The brokerage brought in $1.74 billion between July and September, but also lost $100 million — way up from both last year and one quarter earlier. Continue reading