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Mamdani tax creates 'so much confusion' in NYC real estate, but broker says 'big crisis' is something else
When Mayor Zohran Mamdani's controversial pied-à-terre tax took effect, some critics warned it could drive wealthy residents and investment out of New York City. But inside Manhattan's high-end real estate market, brokers and market data p…
Douglas Elliman (DOUG) Is Down, But Is the Stock a Bargain?
Moerus Capital Management LLC, an investment management firm, recently released its "Worldwide Fund " second-quarter 2026 investor letter. A copy of the letter can be downloaded here. The fund navigated a highly bifurcated investment envir…
Douglas Elliman Stock Gains Post Q2 Earnings, Net Loss Narrows Y/Y
Shares of Douglas Elliman Inc. DOUG have gained 12.9% since the company reported its earnings for the quarter ended June 30, 2026. This compares with the S&P 500 Index's 0.2% gain over the same time frame. Over the past month, the stock ga…
Key Points Interested in Douglas Elliman Inc.? Here are five stocks we like better. Second-quarter results improved: Revenue rose 4.4% year over year to $283.4 million, while the net loss narrowed to $2.7 million from $22.7 million. Exclud…
Douglas Elliman Bets on AI to Reinvent Brokerage Business
(Bloomberg) -- Luxury real estate brokerage Douglas Elliman Inc. is betting artificial intelligence can expand its business beyond buying and selling homes. Most Read from Bloomberg Trump Vents Anger With Iran and Warns Ceasefire May Be 'O…
RLTYco Launches National Consulting Division to Scale Elite Brokerages
NEW YORK, June 16, 2026--(BUSINESS WIRE)--RLTYco, the essential one-stop shop for the modern 1099 real estate professional, is proud to launch RLTYconsulting. This national venture is headed by renowned growth strategist Danielle Garofalo,…
3 Promising Penny Stocks With Market Caps Over $20M
Over the last 7 days, the United States market has risen 3.6%, and over the past year, it has climbed 39%, with earnings expected to grow by 16% annually. Penny stocks may be a throwback term, but they still offer intriguing opportunities…
Douglas Elliman Expands to California Wine Country with Global Real Estate Advisors and Top Producing Agents Christine Krenos and Joseph Zichelle
BEVERLY HILLS, Calif., April 3, 2026 /PRNewswire/ -- Douglas Elliman Realty, the preeminent luxury real estate brokerage in the United States, today announced its expansion into Northern California's coveted Wine Country, establishing a st…
Zillow’s stock plunged to 17-month low despite profitable quarter
After recording its first profitable year in over a decade, Zillow was rewarded with a tanking stock. The home search portal’s stock opened down 4 percent following Tuesday night’s earnings, but fell roughly 17 percent over the course of t…
Outdoor Holding And 2 Other Promising Penny Stocks
As the U.S. stock market kicks off February with a strong performance, highlighted by significant gains in major indices like the Dow Jones and S&P 500, investors are keenly observing opportunities across various sectors. Penny stocks, des…
Wall Street cash fuels Hamptons housing boom to record median price amid tight inventory
The Hamptons housing market just made a new splash, but the surge is not being driven by everyday homebuyers. Instead, cash-rich Wall Street and tech executives are powering a boom in multimillion-dollar sales, pushing median prices to an…
President Trump Just Made a Big Move That Could Benefit 1 of My Top Stock Picks for 2026
Key Points U.S. existing home sales are near a five-year low right now, as elevated interest rates keep buyers sidelined. President Trump just announced a plan that could bring down mortgage rates and reignite the real estate market. Dougl…
President Trump Just Made a Big Move That Could Benefit 1 of My Top Stock Picks for 2026
Key Points U.S. existing home sales are near a five-year low right now, as elevated interest rates keep buyers sidelined. President Trump just announced a plan that could bring down mortgage rates and reignite the real estate market. Dougl…
The Power Bill, the AI Dip, and the Date That Could Flip 2026 Stocks
Server-room workstation with a volatility chart and a risk gauge highlights market turbulence and investor sentiment. Key Points Rising electricity costs could push grid and generation spending forward faster than markets expect. AI may st…
4 Super Stocks at the Top of My Watch List for 2026
Key Points Maintaining a watch list of high-quality stocks is a good way for investors to keep track of potential opportunities. The new year is a good time to think about which stocks to scoop up at a discount if there is a market sell-of…
4 Super Stocks at the Top of My Watch List for 2026
Key Points Maintaining a watch list of high-quality stocks is a good way for investors to keep track of potential opportunities. The new year is a good time to think about which stocks to scoop up at a discount if there is a market sell-of…
The Federal Reserve Just Delivered Spectacular News for This Under-the-Radar Real Estate Stock
Key Points The Federal Reserve cut interest rates six times since September 2024, and policymakers are forecasting more cuts in 2026. Lower interest rates typically boost the housing market by reducing mortgage costs and giving buyers more…
7 of the most expensive homes listed or sold in 2025
A $125m price tag makes this Orange County estate the priciest for miles around. Photo: Gavin Cater·GavinCater Housing markets in countries across the globe cooled this year due to factors such as rises in inflation and borrowing costs. Ev…
'The Idea That People Would Flee New York Was Overblown.' Rise In NYC Luxury Home Sales Show 'There Is No Mamdani Effect'
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Manhattan luxury home sales increased in November despite fears that New York City Mayor-elect Zohran Mamdani's victory would drive out mi…
‘There is no Mamdani effect’: Manhattan luxury home sales surge after mayoral election, embarrassing predictions of doom and escape to Florida
Escape from New York isn’t just the title of a 1981 pulp classic starring Kurt Russell. It’s what Westchester County and Florida realtors told the world (including Fortune) about what would happen if Gotham elected a socialist mayor. But i…
As December 2025 begins, U.S. stock indexes have slipped, with major tech and cryptocurrency-tied shares experiencing declines amid a broader risk-off sentiment in the market. Despite this cautious atmosphere, investors continue to explore…
How Artificial Intelligence (AI) and Interest Rate Cuts Could Send This Under-the-Radar Stock Soaring
Key Points The housing market struggled under the weight of high interest rates over the last three years, but they are currently on the way down. Douglas Elliman is America's fifth-largest residential real estate brokerage company, and it…
Douglas Elliman Leads The Charge With 2 Other Promising Penny Stocks
The U.S. stock market has recently reached new highs, driven by optimism surrounding trade talks between the U.S. and China, as well as strong performances from tech companies. In this context of record-setting indices, penny stocks contin…
Real estate stocks eke out gains even with rich investors said to be pulling back from equities, RE
[Playful Housing Growth Graph with Googly Eyes Representing Real Estate Trends and Market Growth] J Studios/DigitalVision via Getty Images Real estate stocks eked out gains while major market averages lost out, with wealthy investors said…
Real-Estate Broker Douglas Elliman’s Stock Looks Cheap Amid Takeover Interest
The reported takeover interest in Douglas Elliman highlights the value in the country’s leading high-end residential real estate broker that has a strong presence in the New York area. The stock of the company, which is the fifth largest b…
Stocks making the biggest moves midday: Alibaba, Lithium Americas, Freeport-McMoRan, UniQure and more
Check out the companies making headlines in midday trading: Freeport-McMoRan — The mining company's stock tumbled nearly 12% after it declared force majeure at its Grasberg mine in Indonesia. Freeport halted activity at the mine earlier th…
Stocks making the biggest moves premarket: Alibaba, MillerKnoll, Oracle and more
Check out the companies making headlines before the bell: Alibaba — U.S.-listed shares of the Chinese tech company jumped 9.3% after Alibaba said it will boost spending on artificial intelligence models and development. It also unveiled ne…
Exclusive-US watchdog probes real estate firm Douglas Elliman over Anywhere bid
By Anirban Sen NEW YORK (Reuters) -A Wall Street watchdog is probing trading activity ahead of a failed takeover bid for Douglas Elliman and has asked the luxury real estate brokerage who knew about the offer before it became public in lat…
3 Promising Penny Stocks With Market Caps Under $300M
As the U.S. stock market navigates through a period of cautious optimism, with investors closely monitoring Federal Reserve developments and recent policy changes, attention turns to the potential within smaller-cap stocks. Penny stocks, a…
Douglas Elliman (DOUG) Q2 EPS Misses by $0.09, Revenue Declines 5%
Douglas Elliman Inc. (NYSE:DOUG) is one of the best NYSE penny stocks to invest in now. On July 31, the company announced its Q2 2025 earnings, with several key figures falling short of expectations. The quarter’s revenue reached $271.4 mi…
Key Points Revenue (GAAP) declined 5% versus the prior year quarter, totaling $271.4 million (GAAP), as transaction volumes and gross transaction value both slipped. Adjusted EBITDA dropped to $(0.8) million from $2.9 million, compared to…