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With Q4 Revenues Down (Again), Compass Seeks Profitable Direction
Looking back with relief and ahead with confidence, while facing challenges of the now, Robert Reffkin, founder and CEO of Compass, offered upbeat views during the company’s Q4 earnings report February 28. The numbers, however, were a bit more sobering. Compass showed that between October and December 2022 it earned $1.11 billion in revenue, down…
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eXp Doubles Down Amid Slowing Agent Growth, Falling Transactions
Pioneering virtual brokerage eXp reported slowing transaction volume while still remaining profitable during the challenging market of 2022, taking in $933.4 million in revenue in Q4 2022 as founder Glenn Sanford re-takes the reins as CEO in an attempt to steer his company back toward its pandemic heyday. With a 21% increase in agent count…
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Low Inventory and High Prices Present Challenges for Women Homebuyers
For the past 40 years, single women have been second only to married couples in the homebuying market. While low inventory and high prices present challenges to all buyers, for women, these problems can be compounded. According to National Association of REALTORS® (NAR) data, women typically have less buying power than both married couples and…
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Mortgage Applications Decrease for Fourth Straight Week
Mortgage applications decreased for the fourth-straight week, down 5.7% from one week earlier, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending February 24, 2023. This weeks numbers: The Market Composite Index, a measure of mortgage loan application volume, decreased 5.7% on a seasonally adjusted basis…
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Typical U.S. home changes hands every 12 years, but that figure's ... - Crain's Cleveland Business
Cincinnati ranks No. 17 in CommercialSearch list of top industrial real estate markets - The Business Journals
Cincinnati ranks No. 17 in CommercialSearch list of top industrial real estate markets - Cincinnati Business Courier
Blame it on the ‘volatile housing market’: Your Q4 2022 earnings roundup
Marcus & Millichap's Glass goes from intern to real estate hall of fame - Cleveland Jewish News
Board of Directors - London Health Sciences Centre
Former properties of embattled investor Nate Paul sell for $102 ... - Austin American-Statesman
Office mortgages at risk with work from home, high interest rates - Crain's Chicago Business
