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Earnings

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Zillow wants to be the hub for consumers and agents

August 6, 2025 by bp56691
Zillow Group posted double-digit revenue growth and $2 million in net income in Q2 2025 despite a relatively slow housing market.
Categories Clear Cooperation, Earnings, HWmember, Real Estate, Real Estate Listings, Zillow, Zillow Premier Agent

Douglas Elliman doesn’t want private listings to be the norm

August 4, 2025 by bp56691
Despite a slow second quarter, Douglas Elliman recorded its strongest first half of the year since 2022.
Categories Clear Cooperation, Douglas Elliman, Earnings, HWmember, Real Estate

Rocket returns to profitability in Q2, yields early benefits from Redfin deal

July 31, 2025 by bp56691
Rocket Companies has returned to profitability despite a challenging second quarter for the mortgage industry, marked by economic uncertainties in the U.S.
Categories Earnings, HWmember, LendingLife, Mortgage, Origination, Rocket Companies, Rocket Mortgage, Varun Krishna

Compass posts record performance in Q2

July 30, 2025 by bp56691
Compass reported a 21.1% year-over-year revenue jump to $2.06 billion in the second quarter, with total transactions rising 20.9%.
Categories Compass, Earnings, HWmember, Mergers and Acquisitions, Real Estate, Robert Reffkin

PennyMac, the top dog in correspondent, says its broker business is booming

July 22, 2025 by bp56691
PennyMac said that over 5,100 brokers are approved to do business with the lender, up 19% year over year.
Categories Earnings, LendingLife, Mortgage, Mortgage Servicing, PennyMac, Servicing

Homebuilders are weathering the trade war — for now

July 22, 2025 by bp56691
Homebuilders are weathering the trade war — for now
So far, major homebuilders have weathered the trade war, as D.R. Horton and PulteGroup said that tariffs have not heavily impacted them.
Categories Buydown, D. R. Horton, Data & Visuals, Earnings, Homebuilders, Housing Market, HWmember, New Home Sales, PulteGroup, Tariffs

FOA president talks business progress amid strong Q1 earnings

May 14, 2025 by bp56691
FOA president talks business progress amid strong Q1 earnings
FOA President Kristen Sieffert highlighted some of the company’s business progress in Q1, new marketing moves and an executive promotion.
Categories Earnings, Finance of America, Finance of America Reverse, HWmember, Marketing, Reverse

Fathom stays optimistic about agent compensation plan even as losses mount

May 13, 2025 by bp56691
Fathom stays optimistic about agent compensation plan even as losses mount
Fathom Holdings Inc. is under pressure to turn its business around, and its CEO thinks its new agent compensation model can do that.
Categories Brokerage, Earnings, Fathom Holdings, HWmember, Real Estate, Real Estate Agents

Robert Reffkin on Compass’s pre-marketing strategy: What’s the downside?

May 8, 2025 by bp56691
Robert Reffkin on Compass’s pre-marketing strategy: What’s the downside?
Compass’s market share has peaked, rising from 4.47% a year ago to 6% at the end of March, while its principal agent count jumped to 20,656.
Categories Brokerage, Clear Cooperation, Compass, Earnings, HWmember, Real Estate, Robert Reffkin

Rocket shifts focus to integration after Q1 growth in originations and M&A

May 8, 2025 by bp56691
Lower rates helped Detroit-based Rocket Companies improve its originations in the first quarter of the year, a period also marked by the announcement of two major acquisitions, Redfin and Mr. Cooper. 
Categories Earnings, HWmember, LendingLife, Mortgage, Mr. Cooper, Origination, Redfin, Rocket Companies, Rocket Mortgage
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