eXp Seeks New Blood With Revenues Down
With revenue down and domestic agent growth essentially flat, eXp is pivoting to better fit its virtual-focused brokerage model into ...
Tag: Real Estate Economics
Job Gains Slow, but Remain Solid–Here’s What It Means for Housing
Ask any real estate professional about the macroeconomic challenges they’re facing today, and you’ll get an answer including both “inflation” ...
Rocket Companies Picks Up Speed in Q2 Following Big Changes
After seeing a revenue that was well down from 2022 and company projections in Q1, Rocket Companies ramped up business ...
RE/MAX Loses Revenue, but Gains Agents in Q2 2023
RE/MAX, one of the biggest household names of the real estate industry, suffered losses in Q2 2023 due to market ...
Housing Recession ‘Essentially Over,’ Says NAR Economist
Almost exactly a year ago, National Association of REALTORS® (NAR) Chief Economist Dr. Lawrence Yun first coined the term “housing ...
Offerpad Sees Progress as Q2 Net Loss Lower Than Previous Quarters
Normally, a $20 million quarterly net loss wouldn’t be grist for positive spin, but Offerpad spun it that way, citing ...
Report: Housing Market Avoids Post-Pandemic ‘Crash’ Despite Lingering Challenges
The housing market has gone through its share of changes in the past three years. While many reveled in the ...
Consumer Spending Data Provides Further Signs of Cooling Inflation
In the wake of the Federal Reserve ending its short-lived “pause” on rate hikes, the latest personal consumption expenditure (PCE) ...
Fed Provides Little Clarity After Raising Rates to 22-Year High
An unsurprising 25-basis-point rate hike announced by the Federal Reserve today–something that real estate economists urged against–is placing the housing ...
Consumer Confidence Continues to Grow in July
Consumer confidence increased again, from 109.7 in June to 117 in July, according to the latest data from The Conference ...
4 Ways to Tap an Often-Overlooked Senior Housing Market
Real estate agents and brokers must learn the ins and outs of serving seniors who are downsizing, but who aren’t always enthusiastic about it. Read more.
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