by Beth McGuire | Aug 2, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
In a second quarter earnings call Aug. 1, Anywhere Real Estate reported $30 million in profits for the quarter, reversing a downward trend over the last few quarters to post an $11 million increase from the same period last year. Revenue remained relatively flat YoY,...
by | Aug 2, 2024 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
Yesterday, Opendoor, the largest and oldest iBuyer, announced its financial results for the second quarter of 2024, also addressing recent settlements and the impacts on buyer agents and sellers. In the wake of recent settlements, investors asked Opendoor CEO Carrie...
by | Aug 2, 2024 | Economy, Industry News, Latest News, National, News, Premier |
The U.S. added 114,000 jobs in July, below the average monthly gain of 215,000 over the prior 12 months, according to the latest data from the Bureau of Labor Statistics. Markets reacted negatively to the news, with all three domestic indices down over 2% at around...
by | Aug 1, 2024 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
eXp is seeking to position itself as a safe haven for agents worried about navigating the upcoming changes created by the National Association of REALTORSÂŽâ (NAR) settlement, set to go into effect on Aug. 17, speculating that transitioning will be difficult for...
by Beth McGuire | Aug 1, 2024 | Industry News, Latest News, National, News, Premier |
While thereâs no direct correlation between interest rate cuts and mortgage rate dips, per se, both segments saw some positive news this week, with the Fed signaling Wednesday that there will likely be one more rate cut this year, and the 30-year fixed-rate mortgage...
by | Aug 1, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
Compass held its Q2 earnings call on Wednesday, July 31, 2024. During the investor Q&A portion, CEO and Founder Robert Reffkin claimed that NARâs âclear cooperationâ rule is on borrowed time. Clear cooperation requires that REALTORSÂŽ list a property on an MLS...