by Jesse Williams | Nov 3, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
After more than a year of following the nationwide meteoric rise in home prices, researchers at Florida Atlantic University (FAU) are now tracking how metros across the country are experiencing the ongoing “housing recession” as prices pull back, and have started to...
by Jesse Williams | Nov 3, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Exactly one year after Zillow saw its enormous investment in iBuying implode, the real estate behemoth is seemingly plowing through the morass that is the 2022 housing market, with a strong Q3 earnings report showing the strength of its core business, as executives...
by Jesse Williams | Nov 3, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The Q3 2022 earnings report chart arrows were all over the place for Offerpad, the high-tech iBuyer and seller headquartered in Arizona. On Wednesday, Nov. 2, the company reported the following 2022 Q3 results compared with the prior-year third quarter: Revenue was...
by Jesse Williams | Nov 2, 2022 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
eXp, the virtual brokerage that saw its star rise during the early stages of the pandemic, has seen gains moderate significantly as it reported a 12% year-over-year revenue increase last quarter, with agent count still up a strong 30%. Revenue for the company hit $1.2...
by Jesse Williams | Nov 2, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The Federal Housing Finance Agency (FHFA) announced in a release that it is making targeted changes to Fannie Mae and Freddie Mac’s (the Enterprises) guarantee fee pricing by eliminating upfront fees for certain borrowers and affordable mortgage products, while...