The expansion is part of Zillow's 'enhanced markets' program, which is now in 6 cities and part of the company's efforts to eventually build a real estate 'super app'
Recent data from Zumper shows that suburban and rural rents grew 5 to 7 percent more than urban rents over the last year. However, some secondary cities that thrived during the pandemic are now starting to see rent declines
The climbing profit margins are a reflection of how home prices have continued to stay steady, and even increase in some areas, during the pandemic
The Atlanta-based company lets investors at any level help developers build homes. The first loans are being used in North Carolina to build three $600k homes
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