Realogy stock slides to new low following earnings

Realogy’s stock price plummeted more than 17 percent to a new all-time low of $10.57 per share as of 11:30 a.m. EST on Thursday, exceeding the previous all-time low of $14.32 per share after the corporation’s Q4 2018 earnings call in February. Continue reading

Realogy’s revenue declines, earnings fall in line with consensus

Realogy posted $1.1 billion in revenue in the second quarter of 2019, a decline of 9 percent from the first quarter due largely to lower transaction volume at its own-side real estate brokerage NRT.  Continue reading

Pending home sales rise for first time in 15 months: NAR

The National Association of Realtors’ Pending Homes Sales Index rose 3.8 percent from February to March, breaking a 15-month streak of straight drops. Continue reading

Gary Keller and his fight for the soul of the real estate galaxy

Gary Keller has embarked on the risky journey of reshaping Keller Williams around his technology vision. The fate of the universe is not at stake, but Keller’s legacy might be. Continue reading

Home profit margins soften nationwide

Homeowners who sold their home in Q1 2019 experienced an average price gain of $57,500 since purchase — a $2,500 quarter-over-quarter decline from Q4 2018 and a $767 year-over-year increase from Q1 2018. Continue reading

How Vancouver college kids live in mansions on the cheap

As a result, owners of luxury homes, many of which happen to be close to the university, have been renting out bedrooms to avoid being hit with extra taxes. Since most students are already expecting to have roommates rather than a whole apartment, they… Continue reading