News
EXPI
9.85
-1.50%
-0.15
eXp World Holdings Faces Antitrust Class Action Lawsuit
TipRanks · 2d ago
A Class Action Lawsuit Was Filed Against Certain Real Estate Entities, Including EXp World, On April 11, 2024, Alleging Antitrust Violations Involving Buyer Broker Fees And Commissions, Seeking Injunctive Relief, Damages, And Attorneys' Fees, With The Company Indicating Potential Material Adverse Effects From Additional Antitrust Litigation
A putative class action complaint was filed in the U.S. District Court for the District of South Carolina on April 11, 2024. The Class Action complaint alleges that defendants conspired to restrain trade in violation of federal antitrust law. The Company believes that additional antitrust litigation may be possible.
Benzinga · 2d ago
Real Estate Stocks Fall As Mortgage Rates Rise To 4-Month Highs: 'Inflation Is Proving Tougher To Bring Down'
Real estate stocks slid at Wednesday's market open. The Real Estate Select Sector SPDR Fund dropped by 0.3% and is on course for its lowest close since November 2023. Data revealed a 14.7% month-over-month decline in housing starts and a spike in mortgage rates. The average interest rate for 30-year fixed-rate mortgages rose to the highest level since December.
Benzinga · 2d ago
eXp World Holdings to Announce First Quarter 2024 Results on May 1, 2024
Barchart · 2d ago
Weekly Report: what happened at EXPI last week (0408-0412)?
Weekly Report · 4d ago
Q4 Earnings Outperformers: RE/MAX (NYSE:RMAX) And The Rest Of The Real Estate Services Stocks
The 12 real estate services stocks we track reported a weaker Q4. Revenues beat analyst consensus estimates by 1.9%, but revenue guidance was 20.9% below consensus. JLL had the best Q4, while Anywhere Real Estate had the weakest. Real estate services companies have had a rough quarter.
Barchart · 04/11 06:48
Real Estate, Regional Bank Stocks Tank, Energy Cushions The Blow: March Inflation Rates Shake Up Sectors
Annual Consumer Price Index inflation rate surges to 3.5% in March 2024, surpassing expectations for 3.4%. Core inflation, which excludes energy and food, also exceeded expectations. Investors revise down their expectations for imminent Fed rate cuts. Regional banks and solar stocks fell the most. No sectors managed to escape daily losses.
Benzinga · 04/10 17:11
Property stocks drop as hot inflation data weigh on rate-cut bets
Real estate and mortgage-linked stocks drop as hot inflation data weigh on rate-cut bets. Hot inflation data spurred markets to price in delayed interest-rate cuts by the Federal Reserve. The March CPI report showed continued strength in rents. Homebuilders were among the biggest losers in Wednesday's late morning trading.
Seeking Alpha · 04/10 15:36
Spotting Winners: eXp World (NASDAQ:EXPI) And Real Estate Services Stocks In Q4
The 12 real estate services stocks we track reported a weaker Q4 on average. On average, revenues beat analyst consensus estimates by 1.9%. EXp World (NASDAQ:EXPI) had the best Q4 and JLL (NYSE:JLL) the worst.
Barchart · 04/10 07:20
EXp World Holdings: Trough Earnings, But Expensive
Seeking Alpha · 04/08 13:15
Analysts Conflicted on These Real Estate Names: eXp World Holdings (EXPI) and Comstock Mining (LODE)
TipRanks · 04/08 12:30
Weekly Report: what happened at EXPI last week (0401-0405)?
Weekly Report · 04/08 09:50
Housing affordability would’ve waned even without Fed tightening, study shows
Study: Housing affordability would have worsened even without Fed rate hikes in 2022 and 2023. The Federal Reserve Bank of Dallas says house prices would have risen more if interest rates weren't hiked. The housing affordability index has dropped nearly 30% since March 2022. The average homeowner has been largely unaffected by current mortgage rates.
Seeking Alpha · 04/06 20:17
Exp World Holdin: Current report
Press release · 04/05 21:06
eXp World Holdings Appoints Leo Pareja as CEO with Robust Compensation
TipRanks · 04/05 19:42
eXp Realty Names Leo Pareja As New CEO
EXp Realty has appointed Leo Pareja as its new Chief Executive Officer. Glenn Sanford will remain as Founder, Chairman, and CEO of eXp World Holdings. Parejas has over two decades of real estate experience and will succeed Glenn Sanford.
Benzinga · 04/05 15:14
eXp World unit appoints CEO
Financials eXp World unit appoints CEO. Leo Pareja succeeds Glenn Sanford, who will focus on role of founder, chairman and CEO of exp World Holdings. EXp Realty, a unit of eXP World Holdings, appointed CEO.
Seeking Alpha · 04/05 13:17
eXp Realty Names Leo Pareja As CEO, Effective Immediately. Succeeds Glenn Sanford, Who Will Now Fully Dedicate His Efforts To His Position As Founder, Chairman, And CEO Of eXp World Holding
EXp Realty is recognized in the top spot in five categories on the RealTrends 500 report. Leo Pareja succeeds Glenn Sanford as CEO of eXp World Holdings, Inc. The company is the most agent-centric real estate brokerage on the planet.
Benzinga · 04/05 13:06
EXP REALTY NAMES LEO PAREJA AS CEO TO DRIVE NEXT ERA OF GROWTH AND INNOVATION
Reuters · 04/05 13:00
Real Estate Commissions Are Going to Fall. These Stocks Can Weather the Storm.
National Association of Realtors agreed to pay $418 million to settle class-action lawsuits over commissions. The way buyer's broker commissions are paid is set to change this summer. Shares of home-listing companies and real estate brokerages have slumped in anticipation of lower commissions. Analysts say the fears are overblown. Home prices are expected to rise modestly in 2024.
Barron‘s · 04/03 05:00
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About EXPI
eXp World Holdings, Inc. is the holding company for eXp Realty, LLC (eXp Realty), Virbela and SUCCESS Enterprises LLC (SUCCESS Enterprises). The Company owns and operates a diversified portfolio of service-based businesses utilizing its enabling technology platform. The Company operates through four segments: North American Realty, International Realty, Virbela and Other Affiliated Services. Its North American Realty segment includes real estate brokerage operations in the United States and Canada, as well as lead-generation and other real estate support services provided in North America. Its International Realty segment includes real estate brokerage operations in all other international locations. Its Virbela segment includes Virbela enterprise metaverse technology and the support services offered by eXp World Technologies, LLC (eXp World Technologies). The Company’ Other Affiliated Services segment includes its SUCCESS Magazine and other smaller ventures.