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. Source: click here
Zillow lost, on average, $2,916 on each home it sold in the second quarter of 2019 after interest payments, earnings data shows. Source: click here
Market analytics firm Collateral Analytics puts hard numbers on the much-debated costs of using iBuyers to sell a home. Source: click here
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. Source: click here
AgentNEO has launched a brokerage-level account for major brands to create Alexa Skills for consumers to search for listings or ask about home valuations. Source: click here
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