Zillow sees revenue dip in Q4, but manages to trim losses
The portal giant brought in $435M in revenue during the fourth quarter of last year and lost $72M, according to 4Q22 earnings released Wednesday afternoon
by Jim Dalrymple II Feb 15
Ex-rivals Opendoor and Zillow debut new partnership in Atlanta, Raleigh
Homeowners in Raleigh and Atlanta can ask for a cash offer from Opendoor and get an estimate from Zillow about what their home might sell for on the open market
by Taylor Anderson Feb 15
Cost cutting and existentialism: What to expect from earnings
Large publicly traded real estate companies are about to share their numbers from the most brutal quarter in years. Analysts are bracing for the worst — and watching to see who can thrive
by Jim Dalrymple II Feb 15
Single renters pay a nearly $7,000 'singles tax' to live alone: Zillow
The 'tax' varies widely depending on the market with renters in expensive markets, such as New York City paying up to $19,500 more in rent annually
by Ben Verde Feb 13
Homebuyer dollar stretching further as rates drop: Zillow
As mortgage rates have dropped from a roughly 7% peak, buyers can now buy homes about 84 square feet larger than those they could purchase in October with a $3K monthly payment
Home showings dip in December, but slowdown may be easing
Showings were way down year over year but only dipped a little bit month over month, according to a new report from ShowingTime. They remain up compared to pre-pandemic levels
by Jim Dalrymple II Feb 1
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