eXp’s 2024 earnings were mixed, with strong momentum in the fourth quarter but a drop in agent count year-over-year. Revenue for the fourth quarter grew 11% YoY to $1.07 billion. For the full year, revenue increased 6% to close to $4.5 billion It’s productivity that the brokerage is keeping an eye on. While agent count…
Photo by Anthony Marguleas With few breaks between the gusty Santa Ana winds, firefighting resources pushed to their limits, and arson suspects growing in number by the day, the flames in California this year have been near impossible to stamp out. Portions of the Los Angeles county landscape lie in rubble as devastating wildfires continue…
The number of U.S. households will grow over the next 10 years, but at a much slower pace than over the last 30 years. According to a new report from the Joint Center for Housing Studies (JCHS) of Harvard University, household growth is projected to increase by 8.6 million (or about 860,000 annually) between 2025…
Real estate agent Kris Lindahl has been replaced, but not in the way you think. The founder and CEO of Kris Lindahl Real Estate serving Minnesota’s Twin Cities market recently partnered with video game company Activision for a unique “Call of Duty” marketing activation that has rebranded billboards. The directive: showcase the game character “The…
A significant portion of high-end properties are seeing rising median sale prices this year, with several areas achieving record highs. Explore the most expensive zip codes for 2024, according to a report from PropertyShark, and learn key trends, standout locations and the shifting dynamics that define this elite segment of the market. Leading zip code…
What’s the going rate for happiness these days? Studies have shown that income can directly correlate with emotional well-being, and so a recent report from GOBankingRates broke down the affordability of happiness by state. But where does homeownership eligibility fit in? Sometimes there’s a match. In Hawaii, someone needs to make at least $188,160 to…
When the market is in flux, and there’s a focus on regulatory changes on the horizon, it can be difficult to maintain an accurate representation of business performance. It’s something that leading brokerages have had to face, weighing the impact of a difficult market and balancing that with consumer and agent sentiment during an increasingly…
As the son of an immigrant family that now owns multiple homes, Luis Molina—a real estate agent with eXp Realty in Long Island—understands the significant influence immigration plays on the housing market. His team recently helped a buyer who immigrated to the U.S. two decades ago—a business owner who wished for homeownership since coming to…
All eyes are locked on the upcoming November court date that will decide whether the proposed actions from the National Association of REALTORS®’ (NAR) settlement receive final approval. As changes begin to take effect this month, however, the frenzy of what-ifs continues to run rampant, and Clever Real Estate is the latest organization to throw…
With President Biden bowing out, and Kamala Harris now the likely Democratic nominee for the 2024 presidential election, real estate practitioners will want to know where she stands on key housing issues. After all, it’s hard to understand a leader without understanding the context of her career (Harris didn’t just fall out of a coconut…
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