Tag Archives: Markets & Economy

Mortgage rates are back at July levels

By Lou Barnes | November 8, 2019 - 11:43 pm |November 8, 2019 Uncategorized

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The trade war damage in the U.S. outside of manufacturing and farms has been undetectable. Continue reading →

Redfin up, recruitment down: 3Q19’s big winners and losers

By Marian McPherson | November 8, 2019 - 5:37 pm |November 8, 2019 Uncategorized

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How did Zillow, eXp Realty, Move.com, Realogy and homebuyers themselves fare during third-quarter earning calls this week? Continue reading →

Inman News quiz: Think you’re on top of the week’s biggest stories?

By Inman | November 8, 2019 - 9:00 am |November 8, 2019 Uncategorized

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The real estate industry threw some curveballs. Take Inman’s real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week. Continue reading →

News Corp. earnings fall short, but realtor.com parent Move saw growth

By Jim Dalrymple II | November 7, 2019 - 10:42 pm |November 7, 2019 Uncategorized

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News Corp., owner of popular portal realtor.com, revealed Thursday that its revenue declined more than expected in recent months, though realtor.com’s parent Move actually saw revenue grow. Continue reading →

Zillow revenue continues to explode, but losses widen

By Patrick Kearns | November 7, 2019 - 9:23 pm |November 7, 2019 Uncategorized

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The ballooning revenue and losses can be attributed to the scaling of Zillow Offers. Continue reading →

Zillow revenue continues to explode, but losses widen

By Patrick Kearns | November 7, 2019 - 9:23 pm |November 7, 2019 Uncategorized

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The ballooning revenue and losses can be attributed to the scaling of Zillow Offers. Continue reading →

Housing affordability improved modestly in third quarter: NAR

By Veronika Bondarenko | November 7, 2019 - 4:16 pm |November 7, 2019 Uncategorized

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In the third quarter, mortgage rates fell from 4.08 percent to 3.71 percent, according to data from the National Association of Realtors. Continue reading →

US home prices spiked nearly everywhere in third quarter: NAR

By Veronika Bondarenko | November 7, 2019 - 3:52 pm |November 7, 2019 Uncategorized

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Home prices rose in 93 percent of all U.S. metro markets, according to a new National Association of Realtors report released Thursday. Continue reading →

Realogy posts a net loss of $70M in Q3 after $1.6B in revenue

By Patrick Kearns | November 7, 2019 - 12:52 pm |November 7, 2019 Uncategorized

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The loss was driven primarily by a $180 million impairment at NRT, Realogy’s own-side brokerage. Continue reading →

Redfin beats expectations, posts $239M in revenue for Q3 2019

By Jim Dalrymple II | November 6, 2019 - 9:35 pm |November 6, 2019 Uncategorized

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The latest earnings report comes as the tech-oriented brokerage steadily expands programs such as RedfinNow and Redfin Direct, which could upend how consumers engage with real estate. Continue reading →