Despite new COVID variants posing an ever-present threat and an uncertain global economy, traveler deposits for Vrbo bookings hit $2.8 billion as of June 30, up from $1.7 billion at the end of 2021. Continue reading
In addition to shedding workers, the parent company of the nation’s biggest lender trimmed marketing, production and other vendor-related costs to beat cost-cutting goal, according to an earnings report Thursday. Continue reading
The iBuying giant dramatically boosted home sales during the second quarter of 2022, generating $4.2 billion in revenue, but ended up back in the red with $54 million in losses. Continue reading
The real estate franchise giant posted higher revenues and expanded profits even as the company downgraded expectations amid a slowing market, according to an earnings report Thursday. Continue reading
Market headwinds pushed Zillow Q2 revenues down 23 percent to $1 billion. Despite the declines, Zillow is pushing forward with major initiatives including a new partnership with former rival Opendoor. Continue reading
The brokerage’s revenue grew 52 percent annually during the second quarter, reaching $128.2 million, up from $84.2 million, according to an earnings report released Thursday. Continue reading
Redfin reported $606.9 million in second-quarter revenue, a 29 percent increase compared to the second quarter of 2021, in an earnings report released Thursday afternoon following the close of markets. Continue reading
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
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
This week, we want to know: Which tech tool is so game-changing it’s worth taking that class or watching that tutorial? Continue reading