by | Nov 3, 2023 | Brokers, Industry News, Latest News, National, News, Premier |
For iBuyer Opendoor, “progress” in its third quarter earnings report came in the form of announcing a loss of “only” $106 million, unquestionably better than the nearly $1 billion lost in Q3 2022. It was a reversal of fortune from the company’s second quarter, when it...
by | Nov 3, 2023 | Industry News, Latest News, National, News, Premier |
Last quarter, in August 2023, Redfin predicted that their next quarterly total revenue would fall between $265 million and $279 million. Lo and behold, they were right. Redfin’s third quarter 2023 financial results, released Nov. 2, 2023 (chronicling finances from...
by Beth McGuire | Nov 2, 2023 | Agents, Best Practices, Brokers, Industry News, Latest News, National, News, Premier |
The iBuyer Offerpad continued to tout trimmed losses and increased number of homes acquired as improvements from Q2 to Q3 in its third quarter earnings report, released Wednesday afternoon. In its latest earnings report on Nov. 1, the iBuyer reported a $20 million Q3...
by | Nov 2, 2023 | Brokers, Industry News, Latest News, National, News, Premier |
In a third quarter earnings call Nov. 1, Zillow Group reported better-than-expected revenue growth of $496 million, up 3% year-over-year, with an 88% year-over-year increase in purchase loan origination volume. But within the quarter, Zillow suffered a net loss of $28...
by | Nov 2, 2023 | Industry News, Latest News, National, News, Premier |
As of Q4 2023, 1.3 million (1,294,505) residential properties across the U.S. are vacant, representing 1.27% (1 in 78 homes), according to a new report from ATTOM. ATTOM’s Vacant Property and Zombie Foreclosure Report for Q4 2023 found that 320,765 residential...
by | Nov 1, 2023 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
Interest rates will not see a hike, nor any decrease, this week, according to the latest press conference from the Federal Reserve’s Federal Open Market Committee (FOMC). The official statement from the FOMC read: “The Committee seeks to achieve maximum employment and...