Zillow's new product represents a new business model — from pay-per-lead to pay-per-listing — that mirrors the way profitable international peers monetize their market-leading positions
While the brokerage's overall head count rose modestly to 144,510 agents in the second quarter, its agent count declined in the US by 6.3%, to 56,987, according to a Q2 earnings call Wednesday
Mortgage rates could come under more pressure as Fitch Ratings downgrades US debt over concerns about rising deficits and ongoing debt ceiling showdowns
The company lost $38M between April and June, though it did see revenue tick up slightly. Zillow also described 2023 as 'crucial,' in a newly published earnings report
In the last month, the East Coast-based brokerage has made 2 strategic acquisitions as the company works to bolster its presence in southeastern Massachusetts and Rhode Island
Having unloaded almost all of its older inventory, the iBuyer ramped up home acquisitions by 131%, to 840 homes, in the second quarter of 2023 and expects positive adjusted earnings by year's end
The Fed has raised interest rates to fight inflation in the past. A new Intel analysis illuminates the data behind the 'rate lock' of the early 1980s and how long it took home sales to eventually recover
Don’t let the costs scare you. Your willingness to plan and prepare will contribute greatly to your success as a brokerage owner
As an interaction with an AI chatbot went south, Cardone blasted Austin and Seattle as the worst places to invest in real estate given how overbuilt the markets have become in recent years
The annual paycheck for a 1st-time homebuyer is roughly $64,500 to afford the typical US 'starter' home in 2023 — up 13% from a year ago, according to a report from Redfin
Starwood Capital Group Chairman and billionaire real estate investor Barry Sternlicht claims Fed inaction has all but ensured a recession is on the way. 'Nobody wants to sell anything today'
With an influx of tech and entertainment giants like Tesla and Universal Studios, not to mention a rising tide of millennial buyers, Texas is bursting at the seams as agents rush to find new listings
Droves of people have flocked to Texas for new jobs, tax and affordability purposes, and political reasons, and demand from this new class of wealthy buyers is stretching luxury inventory thin
On today's Download, check out Compass' new tracker tool, then check out some of our best recent advice on keeping those past clients percolating through your pipeline
For the month of May, 2.6% of all mortgages in the US were in some stage of delinquency, a 0.1% decrease from the levels seen a year before, according to data from CoreLogic
As economic headwinds push native-born population and household formation growth down, Harvard researchers say immigrants hold the key to the housing market's future