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
Here's how CoStar can beat Zillow and win the real estate portal wars
CoStar is already borrowing a page from other big insurgent companies including Nike, Apple and Pepsi. But whether it can surpass Zillow may depend on how much it spends, analysts told Intel
by Ben Verde Jul 19
Zillow's super app is taking shape — and the agent is front and center
Opinion
ShowingTime+, an offshoot of Zillow, has released Listing Showcase, a new way to market listings on the popular consumer search site that makes the agent the centerpiece
by Craig C. Rowe Jul 12
Home value hits all-time high in June as owners cling to low rates
Typical home value breached $350,000 for 1st time in June, a new peak in typical values according to a report by Zillow. Redfin shows nearly 92% of homeowners have a mortgage rate below 6%
by Ben Verde Jul 12
How early adopters in real estate learned to stop worrying & love AI
Less than a year after becoming available, tools like ChatGPT and DALL-E have inspired brokers to explore — and integrate — artificial intelligence, a rigorous process of trial and error, they told Intel
by Jim Dalrymple II Jul 12
Fredrik Eklund swaps coasts in move from Los Angeles to Miami
Eklund also announced that he and husband Derek Kaplan will rent out their Beverly Hills home for $50,000 per month. He cited increased business and his kids' education as key reasons to move
Property investing is so hard, even Spencer Rascoff steers clear of it
The co-founder of Zillow and Pacaso just isn’t that into traditional real estate — at least as an income-generating investment, he told Arrived CEO Ryan Frazier in a recent interview
by Daniel Houston Jun 30
'Voluntary moves are gone': Why today's buyer looks so different
More buyers today are moving because they have to. Here's what they look like — and how agents are courting their business in a down market
by Jim Dalrymple II Jun 28
Zillow rolls out AI-powered 'super listing' tool
Listing Showcase is part of Zillow's new ShowingTime+ brand and is currently available to a select group of agents that partner with the portal giant, according to the company
by Jim Dalrymple II Jun 27
US needs 4.3M homes to close the affordability gap: Zillow
During 2021, there were 8M 'missing households' across the country — families without homes of their own — compared to just 3.7M housing units available for rent or sale, according to Zillow
by Ben Verde Jun 22
Housing starts see biggest increase since 2016, data shows
Housing starts were at a seasonally adjusted rate of 1,631,000 for May — a 21.7% jump from April and 5.7% higher than the levels recorded in May 2022, according to Census Bureau data
by Ben Verde Jun 20
Will chatbots make housing discrimination worse?
New artificial intelligence technology can recommend real estate listings based on neighborhoods' ethnic makeup. Experts are worried about the tech's potential for discrimination
by Jim Dalrymple II Jun 20