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Third-quarter earnings reveal a varied performance across real estate, with standout gains in recruitment for The Real Brokerage and mortgage growth for Zillow, while others like Offerpad and RE/MAX face ongoing challenges amid shifting market conditions.

Third-quarter earnings reveal a varied performance across real estate, with standout gains in recruitment for The Real Brokerage and mortgage growth for Zillow, while others like Offerpad and RE/MAX face ongoing challenges amid shifting market conditions.

Seattle-based brokerage and portal Redfin's third-quarter revenue grew 3 percent year over year to $278 million. However, the company's net losses ballooned 77.8 percent, according to Thursday's earnings.

Move's overall revenue dipped 1 percent between July and September, while revenue from its real estate business — including Realtor.com — dropped 4 percent, according to Q3 earnings data released Thursday.

PGA National might sell to London-based private equity real estate firm for $425 million  Golfweek

PGA National might sell to London-based private equity real estate firm for $425 million  Golfweek

Happening In The Hamptons Podcast: Discussing the US Presidential Election & The Hamptons Real Estate Market  Hamptons.com

At NAR NXT, panelists Marilyn Wilson, James Dwiggins and Clint Skutchan advised MLSs to make themselves essential without guaranteeing compensation.

Move was anticipated by investors that fund most home loans, who have been driving up mortgage rates over concerns about inflation and pace of future Fed rate cuts.

After an aggressive half percent cut in September, the Federal Reserve followed through on an expected but more measured quarter percentage point rate reduction Thursday, just days after an historic election outcome that economists say could cause disruption in the housing market in 2025. The cut to the Fed’s benchmark interest rate brings it to…

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Travelers spent $20.1 billion on Airbnb in Q3, a 10 percent increase compared to a year ago, according to earnings results Thursday. Still, a spike in expenses as it seeks to grow overseas cut into profits.

Housing Market Predictions For 2025: When Will Home Prices Drop?  Forbes

Housing market sentiment rose in October to the highest level since February 2022, but 8 in 10 consumers still said it was a bad time to buy, Fannie Mae survey finds.

Weichert has reached a settlement in a case known as Hooper, according to new court documents. EXp's settlement in that case sparked pushback from plaintiffs in a different lawsuit.

Inked: Recent LI real estate deals  Long Island Business News

The National Association of REALTORS®’ (NAR) latest quarterly report shows that single-family existing-home sales prices climbed in 87% of measured metro areas (196 out of 226) in the third quarter of 2024 as mortgage rates continued to trend lower, with the 30-year fixed mortgage rate ranging from 6.08% to 6.95%. This is down from 89%…

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Plans to eliminate federal income taxes, enact high tariffs and force the Federal Reserve to cut federal funds rates could tank the housing market, economists say.

PGA National in Palm Beach Gardens could sell to London firm in high-priced deal  Palm Beach Post

In advance of his retirement from the firm, Lorber allegedly underwent a five-hour-long internal inquiry, Bloomberg reported, during which he disclosed intimate relationships with agents Jennine Gourin and Jessica Cohen.

Above, Lysi Bishop In Boise’s luxury real estate market, Lysi Bishop—founder of Lysi Bishop Real Estate of Keller Williams Realty Boise—has established a legacy of efficiency and client satisfaction. With over 30 years of experience and more than $2B in sales, she leads a full-service team of 20 agents and 30 support staff dedicated to…

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