$2B Pacific Sotheby's International Realty broker partners with Side
San Clemente, California's top broker, Doug Echelberger, and his team of 7 agents has moved to Side, where it will operate as Inhabit Real Estate, according to an announcement on Tuesday
by Marian McPherson Aug 4
Opendoor rebounds with profitable Q2 despite steep revenue decline
The iBuyer sold fewer homes and brought in less cash than it did during the same period in 2022, but it still managed to land in the black to the tune of $23M, according to Q2 earnings on Thursday
by Jim Dalrymple II Aug 3
Will Zillow's Listing Showcase jolt agents with pay-per-listing pivot?
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
by Mike DelPrete Aug 3
Zillow sees losses rise in Q2 thanks to 'tough' market
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
by Jim Dalrymple II Aug 2
'Empowered with great products,' Zillow acquires Aryeo
Aryeo offers an online platform for managing real estate marketing media, founded by a trio of real estate photographers and media creatives. It will fall under ShowingTime+, Zillow said
by Craig C. Rowe Aug 2
Even CoStar doesn't think it will unseat Zillow, DelPrete argues
For all its bluster, CoStar Group likely doesn't think it can overthrow Zillow to become real estate's top portal, Mike DelPrete tells Intel. Here's what the commercial real estate giant is really after
by Daniel Houston Aug 2
Team of rivals: Zillow, Redfin unite to share new construction listings
New construction listings on Zillow will now automatically be syndicated to Redfin. The companies believe the partnership will extend the reach of the homebuilders' listings while aiding consumers
by Jim Dalrymple II Aug 2
An 'entire neighborhood' for sale? Let's unpack that viral TikTok video
A 35-home listing on Zillow has prompted debate over displacement and institutional investment — and pushback over a TikToker's claim that an 'entire neighborhood' was about to hit the market
by Jim Dalrymple II Aug 2
Texas adjusts to growing pains as outside buyers jockey for homes
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
by Marian McPherson Jul 28
New-home sales wilt in June but remain elevated amid low inventory
New-home sales drooped 2.5% from May to a seasonally adjusted rate of 697,000 — 23.8% higher than June 2022, according to data released Wednesday by the US Census Bureau
by Ben Verde Jul 26
Will the second quarter of 2023 match real estate's Q1 meltdown?
Major real estate companies began reporting Q2 earnings this week against a backdrop of high rates, low inventory and a sluggish economy. Analysts shared what they're watching with Intel
by Jim Dalrymple II Jul 26
CoStar posts profitable Q2 as real estate portals tally record traffic
The commercial and would-be residential giant saw revenue jump 13% year over year in the second quarter while profit climbed 20%, according to a 2Q earnings call Tuesday afternoon
by Jim Dalrymple II Jul 25
Renters take aim at over-the-top junk fees targeted by White House
From tech fees to non-refundable move-in costs and so-called 'peace-of-mind packages,' the 'junk fees' landlords charge tenants are increasingly under fire from lawmakers and the White House
by Taylor Anderson Jul 25
Keller Williams mega team taps ex-Side exec Jon Boller as president
Livian, the Keller Williams mega team, has named Boller as its first-ever president. The former Go-To-Market Strategy vice president for Side will oversee growth for Livian's 35-state footprint
by Marian McPherson Jul 21
Zillow, Apartments.com join Biden's war on rental housing fees
Zillow, Apartments.com and AffordableHousing.com agree to join the fight in a continuation of a war on rental fees the Biden administration announced in March
by Taylor Anderson Jul 19