Zillow stocks plunge as competing iBuyers hang steady amid chaos

Thirty minutes into trading on Wednesday, Zillow Group’s stock was down about 16.6 percent to around $70.55 per share. Continue reading

EXp Realty tallies sixth straight record-breaking quarter in Q3

EXp World Holdings, parent company of eXp Realty, shared third-quarter 2021 earnings results Wednesday. The company raked in $1.1 billion in revenue as its agent count grew 82 percent. Continue reading

LoanDepot building purchase loan business as rising rates stunt refis

Joint ventures with homebuilders and referral relationships with real estate agents are helping fuel loanDepot’s partner channel. Continue reading

What should Zillow do with its homes after its iBuyer closes?

On Tuesday, Zillow announced that it would shutter Zillow Offers, its embattled iBuyer program. With plans to unload 7,000 homes at an estimated $2.8 billion, Inman wants to know if there’s another way out. Continue reading

Zillow sees revenue tick up as tension mounts over iBuyer fallout

The popular portal raked in $1.7 billion during the third quarter of 2021, though it also lost $328 million — much of it from iBuying. Continue reading