Bulldog Buzz Category: Real Estate Market

Yikes! Realogy’s (Coldwell / Sotheby’s) profits dropped 68 percent last year.

It turns out 2018 was tough for the company, which counts Sotheby’s International Realty among its subsidiaries. The New Jersey-based conglomerate logged $137 million in profits in 2018, marking a 68 percent drop from 2017, E.B. Solomont reports. Realogy’s net income of $431 million in 2017 was largely due to President Trump’s tax plan. But make… READ MORE

Posted: 2 years, 2 months ago

Compass is taking a breather…

  Compass chairman Robert Reffkin has admitted that in some areas the company has fallen short. He highlighted the failed July launch of Powered By Compass, software the company had hoped to license to independent brokerages but was forced to roll-back following criticism from their own agents. “We launched some technology without testing it thoroughly with agents,”… READ MORE

By: Photo Credit: Columbia University and iStock
Posted: 2 years, 3 months ago

Zillow Stock Tanks

The day after its third quarter earnings report was released, Zillow’s stock tanked — dropping more in Wednesday’s trading than it ever has in a single day’s trading since since its IPO launched in 2011. On Tuesday, the real estate giant released its third quarter earnings, reporting revenue for the third quarter increased 22% from the same… READ MORE

Posted: 2 years, 5 months ago

Great Opportunity to Sell a House

  According to the market research from National Association of REALTORS ®, most of the Americans feel that now is the excellent time to sell a home (77%) – a new record spike. Home owner’s optimism comes from last years of successive price growth. Most of them believe that price will continue to increase. Read the full… READ MORE

Posted: 2 years, 6 months ago