Tag Archives: Markets & Economy

Construction jobs gap is holding back housing starts: NAR study

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Construction jobs remain below pre-recession levels — and the employment gap is dragging down housing starts, according to a new study from the National Association of Realtors. Continue reading →

263,000 US jobs added in April — including 80K in real estate

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The economy surpassed all expectations in April with employment across the country bolstered by 263,000 new jobs, including tens of thousands in the real estate industry, according to the U.S. Bureau of Labor Statistics. Continue reading →

Realogy stock slides to new low following earnings

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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

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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

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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

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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 →