Tag Archives: Recession

Never created a real estate budget? 11 smart-money tips to help

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In real estate, nothing is guaranteed. Plan ahead, and build good financial habits with these essential budget tips to weather the many seasons of the real estate market, Ojo Labs’ Chris Heller writes. Continue reading →

Keller Williams posts ‘less than pleasing’ 3% drop in sales volume

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After four straight quarters of declines in transaction volume, new listings, projected closings and written contract volume, Keller Williams’ year-to-date sales volume finally took a three percent tumble to $414.7 billion. Continue reading →

Hints of more layoffs loom at Mr. Cooper as profits wane in Q3

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While growing loan servicing business remains profitable, according to Q3 earnings, paper gains on servicing rights could evaporate if interest rates fall and borrowers refinance out of portfolio. Continue reading →

As US economy zigs upward again, real estate sags

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Hits to broker commissions and home construction drove a decline in real estate gross domestic product in the third quarter of the year, new data shows. Continue reading →

Robert Reffkin gets real at Compass REtreat: ‘Hope is not a strategy’

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At his company’s annual REtreat in Atlanta, Compass CEO Robert Reffkin used his keynote to give an honest and intimate review of his company’s post-IPO performance and cast a vision for the future. Continue reading →

The Agency’s Mauricio Umansky on what’s hurting brokerages the most

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At Inman Connect, Brad Inman and Mauricio Umansky, founder of luxury brokerage The Agency discussed what’s happening in the market now and how it’s impacting brokers and their agents. Continue reading →

Pacaso slashes 30% of workforce, citing rising rates and home prices

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Pacaso employees impacted by the cuts will be provided severance, healthcare coverage and career help, Pacaso CEO Austin Allison said during an all-hands conference call Tuesday. Continue reading →

These 3 US states have the most vulnerable housing markets by far

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Three states alone accounted for 33 of the 50 most vulnerable markets in the second quarter, while the South and Midwest remained stable, according to new data from Attom. Continue reading →