IBuyer Offerpad cuts Q1 loss and boosts acquisitions as sales fall

Offerpad’s $15.1 million Q1 net loss is down 14 percent from Q4 2024, with home acquisitions up 18 percent from the previous quarter to 454. Continue reading

RE/MAX meets expectations in Q1 but forecasts turbulence ahead

Revenue fell to $74.5 million, down from $78.3 million a year earlier, marking the 11th-straight quarter of decline, according to financial results posted by RE/MAX Thursday after the markets closed. Continue reading

Douglas Elliman improves losses while growing revenue in Q1

First quarter revenue was up year over year to $253.4 million and net loss decreased significantly on an annual basis to $6 million or $0.07 per diluted share, according to Q1 earnings data released Friday. Continue reading

Airbnb touts resilience as guests spend $24B on travel in Q1

In its final quarter before it will unveil a major update this month, the short-term rental leader posted $154 million in profit from 143.1 million total bookings on the Airbnb platform. Continue reading

Regulators expected to remove lid on Wells Fargo’s growth soon

A $1.95 trillion asset cap that’s limited the bank’s growth could be lifted in Q2 with CFPB and other regulators having closed 12 of 14 consent orders aimed at remedying past business practices. Continue reading

Regulators expected to remove lid on Wells Fargo’s growth soon

A $1.95 trillion asset cap that’s limited the bank’s growth could be lifted in Q2 with CFPB and other regulators having closed 12 of 14 consent orders aimed at remedying past business practices. Continue reading

Anywhere grows revenue to $1.2B during first quarter of 2025

The franchisor’s performance was driven by its luxury brands during the first quarter. President and CEO Ryan Schneider also reaffirmed during an investors’ call the company’s stance on recent moves by NAR, Zillow and Redfin in regards to Clear Coopera… Continue reading