Tag Archives: Markets & Economy

Oregon becomes first state in nation to nix single-family zoning

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Gov. Kate Brown signed a quartet of housing bills Thursday including one that would eliminate single-family zoning in cities with more than 10,000 residents. Continue reading →

Realtor.com, real estate services generate 2% revenue growth for News Corp

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Move and REA Group raked in $18 million, but increased investments in Opcity diminished News Corp’s overall quarterly revenue by 8 percent, according to an earnings call Thursday. Continue reading →

Zillow is still losing money on every home it sells – but not as much as it was 6 months ago

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Zillow lost, on average, $2,916 on each home it sold in the second quarter of 2019 after interest payments, earnings data shows. Continue reading →

Is the luxury market taking a dive?

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Fears about possible recession and burgeoning trade war are keeping luxury buyers at bay, says new Redfin report. Other reports echo similar sentiments about the luxe market. Continue reading →

EXp Realty will launch mortgage, title and warranty services in Q3

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The virtual cloud-based real estate brokerage nearly doubled its revenue but still posted a net loss in the second quarter. Continue reading →

Realogy posts net profit despite 5% revenue decline in Q2

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The company fell in line with revenue expectations and an earnings-per-share target of $0.83, as projected by financial analysis firm Zacks. Continue reading →

Climate change is driving up insurance costs for homeowners

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From fires in California to flooding along the Atlantic, homeowners are going to have to brace themselves for higher bills as climate change leads to more extreme disasters. Continue reading →

A Mark Zuckerberg-linked firm is scooping up scores of apartments

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Iconiq has reportedly purchased more than 1,600 apartments in Seattle, Los Angeles and Denver Continue reading →