CoStar's Homes.com beats Redfin, Realtor.com to become No. 2 portal
In a sign of the listing portal's growing influence, Homes.com hit more than 100M unique visitors in September, sparking a 1,290% annual increase in traffic. Now the portal is second only to Zillow
Zillow fends off final claims in fruitless REX lawsuit
The now-defunct brokerage failed to convince a jury that Zillow used unfair tactics when it gave non-MLS listings a separate place on its site
by Daniel Houston Oct 2
New builds drive surge of more than $2.6T in housing market value
The value of US housing has reached a new peak of slightly under $52T in the past year and is up 49% from the start of the pandemic, according to Zillow
by Ben Verde Sep 27
Matterport calculates square feet, labels rooms with latest AI update
The feature is in beta mode and, upon formal rollout, will allow agents instant access to room dimensions and total square footage by room and floor, according to an announcement Tuesday
by Craig C. Rowe Sep 26
Housing starts plunge to 3-year low
In August, housing starts hit their lowest level since June 2020, when builders were struggling with COVID-fueled 'shutdowns, labor shortages and supply chain issues,' according to US Census data
by Ben Verde Sep 19
Home values fell in 21 of the 50 largest US metros in August: Zillow
Home values are now 11.4% lower in Austin, Texas, than they were in Aug. 2022, Zillow said. Nationally, prices were up slightly from July to August, and there was a small inventory uptick
by Taylor Anderson Sep 13
Marilyn Monroe home slated for demolition is saved — for now
The LA City Council filed an emergency motion Friday to establish the home as an Historic-Cultural Monument to avoid demolition after thousands of concerned citizens registered their complaints
by Lillian Dickerson Sep 12
Zillow and Homesite team up to offer renters insurance
Renters can purchase insurance policies on Zillow's desktop or mobile platform, thanks to a partnership with Homesite Insurance. Renters can pay on a monthly or annual basis
by Marian McPherson Sep 7
Zillow's still all-in when it comes to the mortgage business
While other companies are shedding their mortgage arms, Zillow's seeing potential and doubling down on Zillow Home Loans
by Mike DelPrete Sep 7
Zillow's Listing Showcase product released to 6 more markets
The enhanced property marketing service from the industry’s most popular portal is offered under the company’s ShowingTime+ division, limited to select agents in each market, the company said
by Craig C. Rowe Sep 1
DelPrete: Why real estate tech platforms can't quit the agent
Opinion
The last mile of lead generation, where an agent connects with a client, is what tech can't recreate on its own, Mike DelPrete argues
by Mike DelPrete Aug 29
Zillow is the latest lender to offer a 1% down purchase mortgage
UWM and Rocket Mortgage are also leveraging Fannie Mae and Freddie Mac programs tailored to borrowers earning less than 80% of the area median income
by Matt Carter Aug 25
Share of first-time homebuyers hits highest level since 2010: Zillow
Unburdened by rate lock, the share of first-time homebuyers rose to 50% this year, according to a new report from Zillow. That's the highest share since 2010
by Taylor Anderson Aug 23
The internet fell hard for real estate in 2021. But can the love affair last?
Nearly 3 years after 'Saturday Night Live' declared 'real estate is your sex now' in a popular Zillow parody, mind share around the industry is sagging, according to an Intel analysis of traffic data
by Jim Dalrymple II Aug 23
Court rules Zillow falsely labeled REX listings as case heads to trial
Despite the ruling, Zillow said it looks forward to presenting its case to a jury and is 'confident that the evidence will show that REX’s business failed for reasons unrelated to Zillow'
by Andrea V. Brambila Aug 22