Homesellers are slashing prices. Here's how to spot deals right away
Homebuyers searching for price cuts on search portals are sure to get lucky if they check on this specific day of the week and check back again after 3 weeks, according to a new analysis by Zillow
by Daniel Houston Nov 7
Homebuyers and sellers have a ton of misconceptions, new poll shows
Homebuyers and sellers are struggling to keep up with the rapidly shifting market, according to a Zillow survey of real estate agents, which found many believe home prices will fall steeply in 2023
by Ben Verde Nov 7
Opendoor is where Zillow Offers was a year ago: Mike DelPrete
A year ago, Zillow Offers was in a similar position to where Opendoor now finds itself, and Zillow shut down its iBuying operations. Here's why the path forward might be different this time
by Mike DelPrete Nov 7
US hiring remains strong, but other sectors outpace real estate
Real estate employers added about as many jobs in September as would normally be expected this time of year, despite the market downturn
by Daniel Houston Nov 4
'Is now a good time to buy a home?': Here's how to answer
It's the question everyone is asking right now, and the answer depends in part on your knowledge of the market and in part on the client's personal perspective
by Jimmy Burgess Nov 4
October saw active listings grow even as new homesellers declined
The month saw active listings grow at a rapid pace even as new homesellers declined annually for the fifth straight month, falling 15.9%, according to a report
by Ben Verde Nov 3
RE/MAX hangs onto slim profit in Q3 amid housing downturn
Steep declines in core revenue streams like broker fees were offset partly by the acquisition of independent franchise network RE/MAX Integra, according to earnings data on Thursday
by Daniel Houston Nov 3
Opendoor lost nearly $1B in Q3 in 'once-in-40-years market transition'
In total, Opendoor suffered a net loss of $928M between July and September, according to an earnings report Thursday. That's up from a loss of just $57M during the third quarter of 2021
by Jim Dalrymple II Nov 3
'Great Reshuffling' could impact elections in Arizona, Nevada: Redfin
Redfin data shows that Arizona and Nevada were the second and third most popular states respectively for people moving away from California in 2020
by Ben Verde Nov 3
Share of first-time buyers plummets to lowest level since 1981: NAR
Rising home prices, mortgage rates and inflation cut the share of first-time buyers to 26% — the lowest level since the National Association of Realtors began surveying buyers and sellers in 1981
by Marian McPherson Nov 3
America's biggest homes are just 30 miles from the country's tiniest lofts
From Tennessee to Michigan, 18 states lay claim to the country's largest and smallest homes now on the market, according to a new analysis. But the wildest extremes can be found in 1 region
Prices may be dropping, but homes still have loads of equity
As prices began to fall, home equity held strong. Even the most distressed properties held positive equity in Q3 2022, according to a new report from Attom.
by Daniel Houston Nov 2
Pointing to Ukraine war, Fed approves another drastic rate hike
Federal Reserve Chairman Jerome Powell says pace of rate hikes could slow but may ultimately need to go higher than policymakers had forecast at their September meeting
by Matt Carter Nov 2
Zillow sees Q3 revenue dip, but manages to significantly trim losses
The company brought in $483M in revenue and suffered a loss of $53M — an improvement over the Q3 2021 losses of $329M, according to quarterly earnings results Wednesday
by Jim Dalrymple II Nov 2
Deal falling apart? 10 solutions to keep things moving forward
In today's complex market, it takes give-and-take on both sides of the transaction to make sure you get to the closing table
by Cara Ameer Nov 2
Home prices continued to fall in September, buyer demand cooled
Home prices posted a 0.5% decline between August and September and were up 11.4% from September 2021, according to new data
by Ben Verde Nov 1