Zillow, Redfin go head-to-head with new ChatGPT plugins
The competing companies' plugins will allow users to employ conversational language as they search for home listings
by Ben Verde May 3
Zillow begins 'critical' year with mounting losses, falling Q1 revenue
Zillow brought in $469M in revenue, according to an earnings call Wednesday, falling 13% from the $536M it brought in a year earlier during a period that preceded the rate hikes and sluggish sales
by Jim Dalrymple II May 3
Eyes on inventory as Q1 earnings ramp up following a chilling 2022
Jay McCanless, a senior vice president of equity research at Wedbush Securities, reveals what he'll be watching as publicly traded real estate companies post Q1 earnings this week and next
by Jim Dalrymple II May 3
What’s the worst part about being a landlord? Zillow found out
More people are becoming landlords. From making repairs to finding reliable tenants, here's what they had to say about maintaining a rental
by Taylor Anderson May 2
And the cheapest state to buy a home is…
Illinois is the cheapest state to purchase a home, due to a study by California-based boutique brokerage RubyHome. The study focuses on the income-to-sale price ratios for each state
by Marian McPherson Apr 28
REX gets OK to question Zillow CEO Rich Barton in antitrust suit
Judge Thomas Zilly denied Zillow's motion for a protective order, saying CEO Rich Barton must complete 3 hours of questioning from REX's counsel about the company's 'Project Bookshelf'
by Marian McPherson Apr 28
Chris Heller: Brokerages and teams are playing chicken. Who will win?
The chief real estate officer at OJO also believes teams will continue to get bigger, and that new agents will be willing to trade money for opportunity
by Jim Dalrymple II Apr 28
CoStar Group bucks sluggish market as revenue jumps 13% in Q1
The company, which in recent years has been making inroads into the residential space, reported that both Homes.com and Apartments.com saw significant growth in the first quarter of 2023
by Jim Dalrymple II Apr 25
Which real estate portal is winning in revenue growth?
Across the international landscape, all real estate portals are not created equal. Here's how varied revenue models affect earning potential
by Mike DelPrete Apr 24
Buying a home is hard. For first-timers, it's never been tougher
Homes in the lower tier of pricing are still 8% more expensive than at this time last year — and inventory has barely budged, according to a new analysis released Thursday by Zillow
by Daniel Houston Apr 20
Millennials and Gen Z have a plan for buying homes: Scratch and win
A majority of Americans born between 1981 and 2013 believe that, short of winning a big-ticket lottery, the likelihood of affording a home in the US is low, according to a new survey by Zillow
by Taylor Anderson Apr 19
opendoor
In total, the company cut 560 positions, according to a statement Opendoor provided to Inman. The cuts, which were announced internally Tuesday morning, mostly focused on operations roles
by Jim Dalrymple II Apr 18
Tenants in jeopardy as rent hikes outpace value of rental vouchers
No metro in the US held enough vouchers to meet soaring demand, with Miami and other cities in Florida standing out for disparities between available vouchers and renters who need them
by Ben Verde Apr 18
As iBuyers struggle, agents rethink relationships with cash-offer kings
IBuyers like Opendoor and Offerpad once appeared poised to be an essential player in the nation's biggest housing markets. Now, real estate agents say their role has diminished dramatically
by Ben Verde Apr 12
Gen Z's priorities lie with pets not partners in home searches: Survey
Many Gen Zers would put their pets' needs ahead of their children's or partners' needs if they were to buy a home, according to a survey from Zillow
by Ben Verde Apr 11