Minimum wage workers need at least 4 jobs to pay rent in some cities
Even the most expensive cities — which typically have higher minimum wages — are more affordable than those with $7.25 an hour minimums, according to data released Tuesday by Zillow
by Taylor Anderson Jan 31
Freed from iBuying, Zillow wants more from its mortgage arm in 2023
To outside analysts, it appears Zillow got out of iBuying just in time. Now the company is looking ahead to a post-downturn world. Here are the biggest challenges Zillow will face in 2023
by Daniel Houston Jan 30
Zillow deploys AI to improve online home search experience
Powered by an advanced natural language technology, homebuyers can enter longer, detail-rich requests, as they would on Google, to unearth more accurate inventory matches
by Craig C. Rowe Jan 27
Zillow's Curt Beardsley: 'Invest time and energy with companies that are going to be here next year'
Zillow, Keller Williams and Realtor.com shared their respective takes this week at Inman Connect New York on the trends expected to take hold in 2023
by Craig C. Rowe Jan 27
Compass went public 2 years ago. Can it recover from its stock slump?
Compass went public in April 2021, and ever since then the New York-based brokerage has weathered a market downturn and seen investors' appetite for shares fall significantly
by Jim Dalrymple II Jan 25
Rates may ease, but affordability tools will still be in demand
Zillow, UWM executives are optimistic mortgage rates will come back down but advised real estate agents at Inman Connect New York on Tuesday to get familiar with affordability tools
by Matt Carter Jan 24
Mortgage rate swing created 'more normal' market in December
Slowing mortgage rate growth impacted homebuyers and sellers in different ways in December, according to Zillow's latest market report.
by Marian McPherson Jan 19
How Offerpad execs plan to pivot from seller's to buyer's market
Executives at pioneering iBuyer see tremendous opportunity if they can negotiate today's challenging 'in-between' phase where buyers and sellers are on the fence
by Matt Carter Jan 19
Zillow's ShowingTime+ releases Listing Media Services in 4 markets
Zillow said the photography scheduling and marketing service is the 'first of two next-generation listing marketing products'
by Craig C. Rowe Jan 18
This city will be the hottest market of 2023, Zillow predicts
Zillow named Charlotte its hottest market of the year, continuing the trend of cities with relatively warm climates taking the top spot, following Tampa in 2022 and Austin in 2021
by Ben Verde Jan 12
Compass faces first downturn amid pressure to cut costs
The brokerage has dominated the conversation for years in real estate but is now faced with the task of becoming profitable amid its first major market downturn
by Jim Dalrymple II Jan 11
Anywhere lays off more workers, announces end of RealSure iBuyer
The company has slashed its workforce by 11% since last June, according to US Securities and Exchange Commission filings. The moves come following months of housing market declines
by Jim Dalrymple II Jan 10
The 'Great Reshuffling' didn't come to a halt in 2022, new data shows
The number of moves slowed slightly from a record year in 2021 but remained at elevated levels nationwide, according to new data from the US Census Bureau backed by internal metrics from U-Haul
by Taylor Anderson Jan 5
Remote work will eventually make homebuying more affordable: Study
While remote work helped drive up housing prices during the pandemic, a new study from the Economic Innovation Group argues remote work may help housing affordability in the future
by Ben Verde Jan 4
Redfin faces a steep battle as it claws its way toward profitability
Analysts said Redfin isn't facing an existential moment but nonetheless experienced a uniquely rough period over the past year. These are the 5 biggest challenges Redfin will face in 2023
by Jim Dalrymple II Jan 4