Industry News

The company, which announced significant layoffs last month, replaced former CEO and co-founder Eric Wu with Carrie Wheeler, who joined as CFO in 2020.

Rate hikes slowed demand from a wide-open firehose to a trickle faster than the company or its algorithms could predict.

The company received notice from the NYSE that it was not in compliance because its stock price stayed below $1 for 30 trading days.

The latest moves: NAR leadership team, Andrew Kazeniac, Kalani Reelitz, Katie Smithson, Rachel Scheid, Ravi Shankar

The 2023 Swanepoel Trends Report looks at agent and broker compensation structure, which is at the center of several pending lawsuits.

Michael Altneu, vice president of Global Luxury at Coldwell Banker, said luxury housing has proven resilient in a cooling market.

In a shifting real estate environment, Doctorow says the company's mission of serving agents, brokerages and consumers remains their North Star.

Opendoor Technologies reported $211 million in third-quarter adjusted losses before EBITDA. Its net loss for the quarter was $928 million.

After a turbulent year marked by significant layoffs, Zillow is looking to “double down on the things that we believe in” and simplify the real estate journey.

Third-quarter revenue came in at $483 million, above company expectations, but CEO Rich Barton said the market is "super challenging to predict right now."

Ahead of their third-quarter earnings release, founder and CEO Eric Wu announced companywide layoffs that will cut the workforce by 18%.

As natural disasters become more costly and more frequent, climate risk is likely to have an increasing impact on homebuying decisions.

See who’s taking on new executive leadership roles across the real estate industry.

The most recent Zillow layoffs come just ahead of the company's Q3 earnings release.

Apartments.com led CoStar’s earnings during a challenging quarter for the real estate industry.

Many companies across the real estate spectrum have announced layoffs this year, citing the slowing housing market and high interest rates.

NAR's chief economist said there always is a recovery period after a hurricane or other natural disaster, but affected areas should bounce back within 2 years.

The pandemic migration may have slowed, but prospective buyers are still looking beyond major metros for new, more affordable homes in less populated areas.