Zillow's VRX acquisition reveals why the portal can't be dismissed
Opinion
Never on the defensive for too long, Zillow's strategy, Brad Inman writes, is to secure its position as the leading listing service and digitize everything — as the rest of the industry sputters
by Brad Inman Dec 9
Zillow acquires VRX Media in big bid to bolster ShowingTime+
Zillow said VRX’s aerial drone photography, virtual staging, 3D tours and high-definition photography will enhance ShowingTime+, its home showing scheduling platform
by Craig C. Rowe Dec 9
The top 10 friendliest US cities for first-time homebuyers right now
What's the matter with Kansas? Not a thing as Wichita shot to the top of Zillow's analysis of the 10 friendliest cities for first-time homebuyers on Thursday. Midwestern cities fared well overall
by Ben Verde Dec 8
Venture capital giants like Pylon's embeddable mortgage offering
$8.5M seed funding round led by Conversion Capital, with participation from Fifth Wall, Peter Thiel, QED Investors, Montage Ventures and Village Global
by Matt Carter Dec 6
Opendoor faces 'existential' crisis as iBuying fights for survival
The company recently reported a nearly billion-dollar loss and has now dramatically rearranged its executive lineup as the cash-buying sector contends with a slowing market
CoStar cuts 100 jobs amid Homes.com restructuring
The cuts are part of an effort to integrate Homes.com with Homesnap and come at the tail end of a year in which CoStar has moved aggressively into the residential real estate sector
by Jim Dalrymple II Dec 1
Home tours plummeted by half this year in Western states
Nationwide, home showing activity in October was down 27% year over year. In the West, the drop-off was nearly twice as steep
by Daniel Houston Dec 1
'Bet on the Midwest': Zillow's 2023 housing market predictions
The listings giant predicts a surge of interest in Midwest markets and a new crop of first-time landlords among other items
by Ben Verde Dec 1
Proptech’s leader has been crashing on our couch this whole time
Opinion
Stop talking about proptech without even a whiff of the defining company in the category entering the chat. The largest proptech company is rarely mentioned
by Drew Meyers Nov 29
NAR shuts down bid to end no-commingling rule, Zillow reveals
Zillow Senior Director of Broker Operations Matt Hendricks said the portal petitioned NAR to stop allowing MLSs to ban brokers from displaying MLS listings with non-MLS listings online
by Andrea V. Brambila Nov 23
How much has rent risen? About an extra 6 hours of work per month
A new Zillow report finds renters making average wages need to work 63 hours to cover rent compared to 2 years ago, highlighting a widening gap between rent growth and wage growth
by Taylor Anderson Nov 21
Billions in losses, a brutal market and more from Q3 earnings season
A slowing market is taking a toll on big real estate companies, though not every firm is suffering equally. A look back on the past 3 dramatic weeks of third-quarter wins, losses and draws
by Jim Dalrymple II Nov 14
Redfin sees losses soar in Q3 as it winds down iBuying program
The company earned $600.5M in revenue during the third quarter, but also lost $90.2M — up from a loss of just $18.9M in the third quarter of 2021 — amid a worsening housing market
by Jim Dalrymple II Nov 9
Redfin called 'fundamentally flawed' by analyst amid stock market havoc
Real estate companies including Compass, Offerpad and Opendoor saw share prices hit all-time lows Monday. The rout suggests investors may have deep concerns about the real estate industry
by Jim Dalrymple II Nov 7