The Q3 calls to watch closely as real estate’s ‘Super Thursday’ unfolds

Anywhere Real Estate, Redfin, eXp World Holdings and seven more of the nation’s largest real estate companies are set to release quarterly data on Thursday that could illuminate their fitness in 2025. Continue reading

New customers and layoffs help Blend approach profitability

In addition to signing a multi-year deal with Pentagon Federal Credit Union, Blend laid off 50 workers in September, or about 9 percent of its workforce. Continue reading

Mortgage segment stands tall as Zillow posts revenue growth in Q3

Zillow tallied $581 million in revenue between July and September, according to Q3 earnings released Wednesday. Revenue from the portal’s mortgage business hit $39 million, a 63 percent increase from 2023. Continue reading

LoanDepot is back in the black for the first time since Q4 2021

Beleaguered lender ekes out $2.67 million third quarter profit, with loan originations up 9 percent from a year ago as refinancings bounce back on retreat in rates. Continue reading

Offerpad dialed back its iBuyer acquisitions by 49% in Q3

Having slashed operating expenses by 40 percent from a year ago, the iBuyer has its sights set on boosting home purchases to 1,000 per quarter on lower cost structure. Continue reading

RE/MAX revenue declined 3.4%, US agents continue to depart in Q3

A new quarter saw continuing trends for RE/MAX in decreasing revenue and U.S. agent count, but the franchisor also vastly improved its net income year over year. Continue reading