'While July’s housing market data update is big news, and could get first-time buyers’ hopes up, the future is unlikely to bring meaningful improvement to housing affordability,' Zillow says
DropOffer's app provides data on existing homes for agents and buyers to leverage when approaching off-market sellers and it gives buyers an alternative to what's on the open market
Demand for the lowest-priced homes on the market is now attracting more competition than mid-priced and luxury homes, a reversal of the pandemic market, according to data from Zillow
The intent is 'to make floor plans ubiquitous in the US, something that the market has needed for some time but has never had a clear path to reach,' the company stated
Opinion
Byron Lazine and Nicole White discuss the Zillow and Opendoor partnership, sinking consumer confidence, and a new segment: Left-Middle-Right
It's the matchup of 2 erstwhile rivals, and bitter foes to many in the real estate industry, that has tongues wagging and agents shaking their heads
Like much of the industry, Zillow's mortgage operation, which includes Zillow Home Loans, has seen a steep decline in revenue and continues to burn cash
Opinion
The former rivals are now bedfellows in a new partnership that seeks to use the power of Zillow's platform to feed Opendoor's sales funnel
Zillow is branding around the idea of 'Zillow Surfing,' the consumer habit of using the site's extensive listing content as a time-killer and a way to scroll through what else is out there
Despite all of the platforms and tech companies coming for real estate agent commissions, transactions hinge on the expertise of Realtors
Despite a quickly slowing market in the second quarter, many of the dozen or more real estate companies that posted earnings last week managed to turn a profit and stave off ruin
Jason Gesing, York Baur, Sara Bonert and Greg Robertson gathered on the Inman Connect stage in Las Vegas to work through their issues with industry consolidation in the technology sector
The iBuying giant dramatically boosted home sales during the second quarter of 2022, generating $4.2B in revenue, but ended up back in the red with $54M in losses
Market headwinds pushed Zillow Q2 revenues down 23% to $1B. Despite the declines, Zillow is pushing forward with major initiatives including a new partnership with former rival Opendoor
The partnership pairs 2 of the most polarizing firms in the housing business, and comes less than a year after Zillow began ending its own iBuying efforts