Tag Archives: Markets & Economy

Zillow stocks plunge as competing iBuyers hang steady amid chaos

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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

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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

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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?

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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

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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 →

What to Watch for: Zillow’s Q3 2021 earnings results

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With Zillow Offers woes and souring public opinion at their backs, Zillow has a few headwinds heading into Q3 earnings on Tuesday. Here are four things to keep an eye on. Continue reading →

Homeowners leaving forbearance now more likely to need help

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More than 500,000 borrowers are in loss mitigation after pandemic relief from monthly mortgage payments expires, according to Black Knight’s latest Mortgage Monitor Report. Continue reading →

How pocket listings cast aside minority homebuyers

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Five housing experts explain how pocket listings play into de facto segregation and create roadblocks for minority homebuyers and sellers. This is the second story in a five-part series. Continue reading →