CoStar, Zillow and the next phase of the portal wars
Opinion
Portal competitors are shelling out big money in an effort to dethrone Zillow, but do they stand a realistic chance?
by Mike DelPrete May 31
Zillow expands 'post-pay' Premier Agent model to 2 new markets
The expansion is part of Zillow's 'enhanced markets' program, which is now in 6 cities and part of the company's efforts to eventually build a real estate 'super app'
by Jim Dalrymple II May 26
Spencer Rascoff
The portal's co-founder and former CEO also said that Zillow's impact includes creating tens of thousands of new 'super agents'
by Jim Dalrymple II May 25
The portal wars: Can any challenger seize the throne from Zillow?
Zillow has the most traffic, according to an analysis by Intel, but at least 1 rival is growing rapidly in what one observer compared to a Game of Thrones-style gauntlet run
by Jim Dalrymple II May 24
Mike DelPrete: Zillow and Redfin's AI tools aren't that big a deal — yet
In an interview with Intel, tech strategist Mike DelPrete laid out how artificial intelligence might change the industry — including real estate search portals — and why we're not quite there yet
by Daniel Houston May 24
Majority of buyers lean on agents, not banks, for financing info: Poll
A new survey conducted by Zillow suggests there are opportunities for real estate agents and companies that provide information and make lending more user friendly
by Jim Dalrymple II May 23
Zillow appoints new CFO amid push to build 'housing super app'
Jeremy Hofmann has played a key role in the super app push so far and also oversaw Zillow's acquisition of ShowingTime, the company said
by Jim Dalrymple II May 18
5 key charts that illuminate real estate's Q1 earnings season
Most publicly traded real estate companies continued to bleed money in the first chunk of 2023. These metrics help explain why investors aren't panicking
by Daniel Houston May 17
Realtor.com chief brushes off major annual drop in traffic
David Doctorow attributed Realtor.com's reduced traffic to a slower market and argued that his company's sites have superior engagement than competitors
by Jim Dalrymple II May 15
US debt default may mean tanking sales, huge mortgage costs
A debt default by the US government is unlikely, but if it were to transpire, the cost of a mortgage could increase by 22%, pushing rates to a peak above 8% in September, according to Zillow
by Lillian Dickerson May 11
Real estate stocks are suddenly and finally on fire
Redfin, Opendoor and Compass have all seen their share prices rally in recent days — suggesting that after years of the cold shoulder investors are warming to the sector
by Jim Dalrymple II May 11
The seller's market is roaring back as buyers vie for limited inventory
A 'drought' of new listings is driving up prices, reversing the sluggishness of late 2022, and forcing buyers to compete fiercely for homes, according to a new analysis from Zillow
by Jim Dalrymple II May 10
Zillow 3.0: Is it working?
Zillow’s path forward depends on its ability to capture more leads, further monetize those leads and attach ancillary services like mortgage
by Mike DelPrete May 10
Rent should stop driving inflation soon, Zillow says
Zillow reported rent grew by just 0.6% in April as an ongoing slowdown in rent growth continued after peaking last year
by Taylor Anderson May 5
Opendoor avoids epic 2022 losses in Q1, but revenue remains down
The iBuying giant saw revenue dip 39% year over year at the beginning of 2023, according to a Q1 earnings call Thursday. It also sold and bought fewer homes compared to the beginning of 2022
by Jim Dalrymple II May 4