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Realtor.com, real estate services generated 2% revenue growth for News Corp.
Move and REA Group raked in $18 million, but increased investments in Opcity diminished News Corp.’s overall quarterly revenue by 8 percent, according to an earnings call Thursday. To Read More Visit Inman News Click Here Press Release Distribution Service
IBuyers cost sellers up to 15% of a home’s value, study finds
Market analytics firm Collateral Analytics puts hard numbers on the much-debated costs of using iBuyers to sell a home. To Read More Visit Inman News Click Here Press Release Distribution Service
Zillow is still losing money on every home it sells – but not as much as it was 6 months ago
Zillow lost, on average, $2,916 on each home it sold in the second quarter of 2019 after interest payments, earnings data shows. To Read More Visit Inman News Click Here Press Release Distribution Service
Is the luxury market taking a dive?
Fears about possible recession and burgeoning trade war are keeping luxury buyers at bay, says a new Redfin report. Other reports echo similar sentiments about the luxe market. To Read More Visit Inman News Click Here Press Release Distribution Service
Zillow and Giveback Homes launch $40K disaster relief fund
The fund will help real estate agents impacted by last year’s California wildfires. To Read More Visit Inman News Click Here Press Release Distribution Service
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