Douglas Elliman profits collapse amid slower real estate market

Profits at Douglas Elliman fell by nearly 75 percent in 2018, thanks in part to a slower residential market, according to the latest earnings report.

Purplebricks in turmoil: Shares plummet, CEOs out

The stock price drop Thursday came as Purplebricks announced that both Lee Wainwright and Eric Eckardt, the U.K. and U.S. CEOs, respectively, were leaving the company. In a statement, Purplebricks said that Wainwright was leaving for “personal reasons.” It gave no explanation for Eckardt’s departure. 

Pending home sales fall in December

The National Association of Realtors Pending Homes Sales Index declined 9.8 percent year-over-year in December, marking the 12th straight month of annual decreases.

Massive investment firm Vanguard bets big on Redfin

A U.S. Securities and Exchange Commission filing indicates that Vanguard owns 9,444,137 shares of Redfin, which is 10.54 percent of the company.

6 things to say to clients worried about stock market volatility

With no end in sight to market volatility, managing client jitteriness is likely to be one of Realtors’ primary responsibilities in the coming months.

Government shutdown delays release of housing data

The U.S. government has been partially shut down for less than a week, but already the closure is blocking access to critical government data, including information that would have shed light on the housing market.

How eXp Realty’s new stock equity program for agents works

EXp World Holdings, the parent company of virtual real estate brokerage eXp Realty, is making major changes to its agent stock program.

The housing market should survive Wall Street’s pummeling

The stock market bounced back Wednesday, erasing Monday’s losses but still left markets down compared to a month ago.

Wall Street sinks, pulling real estate shares down with it

Wall Street took a beating Monday, sending shares of major real estate companies plummeting and erasing fortunes across virtually every industry in the U.S.

How are agents (and their clients) coping with stock market jitters?

The stock market’s slump this week likely has many in the real estate industry wondering what the downswing means for their bottom line.