Realogy stock craters to all-time low after missing guidance

After reporting less than expected revenue and missing their earnings per share guidance, shares for Realogy cratered today, reaching an all-time low, according to real-time financial data Continue reading

Growth in average home prices sluggish in December: Analysis

Home prices rose 4.7 percent year-over-year in December, falling from 5.1 percent in November, according to the latest Case-Shiller Home Price Index. Continue reading

Realogy reports a Q4 net loss as company misses guidance

Realogy Holdings Corporation reported $1.4 billion in revenue in the fourth quarter of 2018, a year-over-year decrease of $90 million. Continue reading

Housing market will remain ‘positive, if not spectacular’ until 2020

Economists who spoke at the National Association of Home Builders’ (NAHB) annual convention and expo last week had a very important message for the real estate world: Mortgage rates will remain manageable — for now. Continue reading

WATCH: Why are there so many on-the-fence buyers?

Everyone is talking about homebuyers facing uncertainty when it comes time to purchase. Felix Salmon, Axios’ chief financial correspondent, gives a big-picture economic explanation onstage at Inman Connect New York.  Continue reading

Zillow thinks its iBuyer will dwarf Premier Agent soon

Zillow plans to purchase an average of 5,000 homes per month for all-cash from people around the country, and the company’s Homes division that oversees Zillow Offers will bring in expected annualized revenue of about $20 billion. Continue reading

RE/MAX reports $50.8M in revenue for fourth quarter, beating estimates

RE/MAX reported $50.8 million revenue in the fourth quarter of 2018, a year-over-year 4.8 percent, according to the company’s Thursday earnings release, beating the consensus estimate of $50.27 million in quarterly revenue Continue reading

New York City issues subpoenas for over 20,000 Airbnb listings

New York City regulators are demanding Airbnb hand over details of more than 20,000 apartment listings in a sweeping attempt to regulate short-term rentals. Continue reading