Tag Archives: Markets & Economy

There’s a solution for high home prices — but most don’t want it

By | | Uncategorized
Comments Off on There’s a solution for high home prices — but most don’t want it

A new Redfin study reveals that 53% of buyers and sellers oppose high-density housing despite the fact it would significantly improve affordability. Continue reading →

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

By | | Uncategorized
Comments Off on Oregon becomes first state in nation to nix single-family zoning

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

By | | Uncategorized
Comments Off on Realtor.com, real estate services generate 2% revenue growth for News Corp

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

By | | Uncategorized
Comments Off on Zillow is still losing money on every home it sells – but not as much as it was 6 months ago

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?

By | | Uncategorized
Comments Off on Is the luxury market taking a dive?

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

By | | Uncategorized
Comments Off on EXp Realty will launch mortgage, title and warranty services in Q3

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

By | | Uncategorized
Comments Off on Realogy posts net profit despite 5% revenue decline in Q2

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

By | | Uncategorized
Comments Off on Climate change is driving up insurance costs for homeowners

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 →