Offerpad recorded a gross profit of $93 million, an 83 percent annual increase and its third straight profitable quarter, according to a Q2 earnings report released Wednesday afternoon. Continue reading
Owners of high-priced homes aren’t sure it’s the best time to list, and even buyers with deep pockets are sometimes afraid to wade in. Top agents shared ways to adapt at Inman Luxury Connect. Continue reading
The real estate company’s revenue increased 42 percent annually to $1.4 billion, and its gross profits increase 34 percent compared to the second quarter of 2021, according to a Q2 earnings report Wednesday. Continue reading
Homebuying power has been in decline, but the market fundamentals remain as strong as they were in 2019. Here is some advice from First American Chief Economist Mark Fleming. Continue reading
Mortgage rates began to take a toll on price growth as early as this spring. But prices remained more resilient than other market indicators, according to the S&P Corelogic Case-Shiller Index. Continue reading
Five years ago, Pearson Smith Realty had only 17 agents. It has since grown to conduct $4.1 billion annually in real estate transactions. Continue reading
Zillow app users can now focus their results to several key locations — from multiple cities all the way down to desired neighborhoods. Continue reading
In the month of June, just under 50 percent of home offers written by its agents faced competition on a seasonally-adjusted basis, the lowest rate in over two years, the brokerage reported. Continue reading
Q2 Consumer price growth exceeded 10 percent year-over-year in Phoenix, Atlanta, Miami and Tampa — each of which had among the nation’s strongest net inflow of interest in moving. Continue reading
Builder sentiment dropped at the second-fastest pace of the last two decades as some home construction companies have begun to cut costs. Continue reading