Tag Archives: Industry News

Douglas Elliman sees increasing revenue in Q1 earnings

By Ben Verde | May 10, 2022 - 8:45 pm |May 10, 2022 Uncategorized

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The brokerage saw its revenues increase 13.2 percent compared to the same quarter last year, spurred mainly by the luxury market. Continue reading →

LoanDepot to lay off workers as originations plunge 48%

By Matt Carter | May 10, 2022 - 7:39 pm |May 10, 2022 Uncategorized

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LoanDepot will lay off workers and suspend its quarterly dividend after posting a $91.3 million first quarter loss. Continue reading →

Tell us what real estate investment news you want Inman to cover

By Taylor Anderson | May 10, 2022 - 4:23 pm |May 10, 2022 Uncategorized

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Inman’s Property Portfolio was created for small-time investors and property managers. What are you most interested in learning more about? Continue reading →

Compass brings Shopify CTO Allan Leinwand on as board member

By Jim Dalrymple II | May 9, 2022 - 8:24 pm |May 9, 2022 Uncategorized

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Allan Leinwand has also worked at Slack and Zynga, and will help guide Compass during a period of rapid growth. Continue reading →

Does a good earnings season foreshadow trouble ahead?

By Jim Dalrymple II | May 9, 2022 - 9:00 am |May 9, 2022 Uncategorized

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Many real estate companies did very well during the first quarter of 2022, but their leaders also repeatedly mentioned the specter of “headwinds” on the horizon. Continue reading →

Lawsuit halts, income plummets, affordability drops: Inman’s Top 5

By Dani Vanderboegh | May 6, 2022 - 6:40 pm |May 6, 2022 Uncategorized

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Looking for a quick catch-up on the buzziest stories of the past seven days? Here’s Inman Top 5, the most essential stories of the week, according to Inman readers. Continue reading →

Move Inc.’s revenue growth falls to single digits amid market shift

By Marian McPherson | May 6, 2022 - 2:32 pm |May 6, 2022 Uncategorized

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Realtor.com parent company Move Inc’s revenues increased 5 percent year over year to $170 million in fiscal Q3. Declining referral and lead volume was responsible for the slowing growth. Continue reading →

Fed decides the fate of the housing market: The Real Word

By Byron Lazine | May 6, 2022 - 8:29 am |May 6, 2022 Uncategorized

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This week, Byron Lazine and Nicole White discussed how the Fed’s decision will impact the housing market, CoStar’s plans for Homes.com and the TikTok-famous Marketeer of the Week. Continue reading →

$13B Black Knight deal still needs approval from antitrust regulators

By Matt Carter | May 5, 2022 - 9:00 pm |May 5, 2022 Uncategorized

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Intercontinental Exchange Inc. envisions building a “life of loan” mortgage platform that will produce cost saving efficiencies that benefit consumers. Continue reading →

Redfin takes in nearly $600M in Q1 revenue as market share grows

By Taylor Anderson | May 5, 2022 - 8:46 pm |May 5, 2022 Uncategorized

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Revenue, market share, web users and homes sold by RedfinNow all rose. But the company reported a $90.8 million net loss in a Q1 earnings call on Thursday. Continue reading →