Michael Ketchmark: Every move you make, we'll be watching you
In a phone interview, lead plaintiffs' counsel Michael Ketchmark weighed in on the consequences of violating the NAR settlement, Zillow's business model, and the 'monster case' that remains
by Andrea V. Brambila Aug 19
Gains and losses amid market shifts: Q2 2024 earnings
The Q2 earnings are in: From Zillow’s revenue boost to RE/MAX’s struggles, here's the breakdown of who's up and who's down
by Jessi Healey Aug 15
Cooling rental market means more concessions for renters: Zillow
A 50-year high in multifamily building starts and completions has led to cooling rent growth and better lease terms. In July, 33.2% of rentals on Zillow included concessions, up 23% from 2023
by Marian McPherson Aug 12
ICYMI at Inman Connect Las Vegas: Broker edition
Discover key brokerage takeaways from Inman Connect Las Vegas that will help you enhance you practices, leverage technology and navigate the evolving real estate landscape
by Jessi Healey Aug 8
Zillow Group names Jeremy Wacksman as new CEO
After 5 years back at the helm, Zillow Group co-founder Rich Barton steps down as CEO. Former COO Jeremy Wacksman takes the reins as the company charges past 'Portal 1.0'
by Marian McPherson Aug 7
Zillow Q2 revenue exceeds expectations, grows 13% to $572M
Better-than-expected residential segment bolstered Seattle-based portal's Q2 performance, which saw growing revenues, slimming losses as it zeroes in on 'fully-integrated' homebuying
by Marian McPherson Aug 7
Zillow Gone Wild gets hit with $300K copyright infringement suit
Washington photographer said Zillow Gone Wild used her photo without permission in 2022. After attempts to negotiate payment of roughly $30K, she's now suing for a max judgment of $300K
by Marian McPherson Aug 5
Zillow finalizes lawsuit settlement with ARMLS, Metro MLS
Residential portal behemoth Zillow has settled its antitrust suit against Arizona Regional Multiple Listing Service, Multiple Listing Service, Inc., over discontinuing integration with ShowingTime+
by Marian McPherson Aug 2
How much is a typical luxury home? $750K in Buffalo, $5.3M in Cali
For about the last 4 years, home price growth in the overall market outpaced growth in the luxury sector every month. But since January 2024, that trend has reversed, Zillow reported
Zillow releases 24 state-compliant short-term touring agreements
Four months after releasing a first-of-its-kind short-term touring agreement, Zillow has released 24 state-compliant versions of the agreement exclusively for Premier Agent partners
by Marian McPherson Aug 1
Zillow CEO Barton: We're moving beyond the 'Portal 1.0' experience
In his first Inman Connect appearance since 2021, Zillow CEO Rich Barton discussed accelerating tech innovation and the next evolution of the residential portal experience
by Marian McPherson Jul 31
Rival portal execs team up against a common foe: MLS red tape
Redfin and Zillow execs made the case at Inman Broker Connect that consumers would benefit from more universal standards of data sharing by MLSs but said the path to such a future is rocky
by Daniel Houston Jul 31
Andy Florance at ICLV 2024
Andy Florance suggested rival portals are more interested in selling leads than houses and called a lawsuit against his company a 'PR stunt'
by Jim Dalrymple II Jul 30
Number of US cities where starter homes cost $1M spiked since 2019
California is home to nearly half of all cities where it costs at least $1M to buy a starter home. Nationwide, 237 cities are now 'million-dollar' cities, according to a new report from Zillow
by Taylor Anderson Jul 25
Palm Beach, a suburb? Not likely, residents say
Residents were taken aback when GoBanking.com recently categorized the luxury haven as a 'suburb.' Local agents agree that Palm Beach is 'a category by itself'
by Lillian Dickerson Jul 24