Tag Archives: Markets & Economy

New realtor.com market report hints inventory relief is coming

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Realtor.com’s latest weekly market report showed a boost in new listings during the last week of April — a hopeful signal that lower home prices are near. Continue reading →

RE/MAX sees small revenue bump, but adds lots of agents in Q1

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RE/MAX announced Thursday that it saw a modest increase in revenues during the first quarter of 2021, and that it also added more than 8,000 agents between January and March — more than during any quarter in the last decade. The new numbers, published … Continue reading →

Douglas Elliman’s revenue and profit soar in first quarter

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The company also saw its sales volume climb to $10.1 billion in the first quarter of 2021, up 71 percent compared to the same period in 2020. Continue reading →

What the end of the eviction ban means for landlords and tenants

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Mortgage foreclosure litigation attorney Jason Vanslette shares how the moratorium ruling impacts landlords and property owners — and why waiting to evict may be the smart move. Continue reading →

EXp World Holdings closes Q1 2021 with $583.3M in revenue

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EXp World Holdings had a stellar Q1 2021, according to an earnings release on Thursday. The company grew on all levels while maintaining profitability. Continue reading →

5 people to watch at Offerpad as the iBuyer continues to expand

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Offerpad, an iBuyer making major waves in how homes in many major cities are sold, has been on an unstoppable course of growth for more than half a decade. Continue reading →

Bubble Trouble: The housing crash will be even worse than I predicted

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This is the homeseller market crash. Inventory is at historic lows, affordability is rapidly eroding, and rates are climbing. In this first of two opposing opinion pieces on the housing crash, Chris Drayer shares why the classic phrase “now is the time… Continue reading →

Redfin reports $268M in revenue in first quarter, 40% jump over same period last year

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CEO Glenn Kelman said Wednesday that the company is “just about hitting on all cylinders” after hiring more agents and lenders in the second half of 2020. Continue reading →

Weaker mortgage demand tied to low inventory, higher prices

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Applications for mortgage purchase loans fell for the second week in a row at the end of April, according to the Mortgage Bankers Association’s weekly mortgage application survey. Continue reading →

Bubble trouble: 4 stats that’ll give you hope (and 4 that won’t)

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There are signs of trouble, but vaccinations are up, spending on home construction is up, and overall, there’s reason to believe the market will improve. Continue reading →