William  Ucci

William Ucci

Sales Representative

License #: 3375123

WUcci Group of Compass Realty

Mobile:
321-339-7520
Office:
(321) 394-9399
Email Me

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Catastrophic Q3 2022 Results for Opendoor Follow 18% of Jobs Eliminated

USA Real Estate News-RISMedia - Thu, 2022-11-03 16:56

A day after letting go of nearly 550 workers, or 18% of the company’s workforce, real estate technology company Opendoor on Thursday Nov. 3 announced staggering losses, with a net loss of $928 million compared to $57 million in Q3 2021. In its latest earnings report, the California-based tech company earned $3.4 billion in the…

The post Catastrophic Q3 2022 Results for Opendoor Follow 18% of Jobs Eliminated appeared first on RISMedia.

Vrbo bookings grew in Q3 amid surge in short-term rental demand

USA Real Estate News-Inman - Thu, 2022-11-03 16:32
Traveler bookings rose 12.5 percent, to $1.8 billion, in the third quarter compared to the same period a year earlier, according to an earnings call by parent company Expedia Group on Thursday.

Rocket’s profits down 93% as mortgage originations fall

USA Real Estate News-Inman - Thu, 2022-11-03 16:24
With rising mortgage rates drastically curtailing lending, Rocket Mortgage saw third-quarter mortgage originations plummet by 73 percent from a year ago, to $23.7 billion.

RE/MAX hangs onto slim profit in Q3 amid housing downturn

USA Real Estate News-Inman - Thu, 2022-11-03 16:16
Steep declines in core revenue streams like broker fees were offset partly by the acquisition of independent franchise network RE/MAX Integra, according to earnings data on Thursday.

Lights! Camera! Google! TV’s most searched for homes

USA Real Estate News-Inman - Thu, 2022-11-03 16:12
From reality TV to horror films, we can't help but be fascinated by the houses, rooms and walls that surround the people we watch —love 'em or hate 'em.

Opendoor lost nearly $1B in Q3 in ‘once-in-40-years market transition’

USA Real Estate News-Inman - Thu, 2022-11-03 15:32
In total, Opendoor suffered a net loss of $928 million between July and September, according to an earnings report Thursday. That's up from a loss of just $57 million during the third quarter of 2021.

‘Great Reshuffling’ could impact elections in Arizona, Nevada: Redfin

USA Real Estate News-Inman - Thu, 2022-11-03 15:30
Redfin data shows that Arizona and Nevada were the second and third most popular states respectively for people moving away from California in 2020.

Those claims of appraisal bias? Another study backs them up

USA Real Estate News-Inman - Thu, 2022-11-03 14:45
Homes in white neighborhoods are valued twice as high as those in communities of color, even in places with otherwise similar housing stock, according to a study out this week.

Seismic Shifts Are Happening in Real Estate. What Do They Mean for the Future?

USA Real Estate News-RISMedia - Thu, 2022-11-03 14:04

Real estate has changed—maybe forever. Since the upheaval of 2020, which began with a global pandemic and has since sprawled into a variety of fundamental shifts in how people approach work and life, real estate professionals have guessed at just how much this will affect the notoriously slow-moving housing industry. Would remote work have only…

The post Seismic Shifts Are Happening in Real Estate. What Do They Mean for the Future? appeared first on RISMedia.

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