As iBuyers struggle, agents rethink relationships with cash-offer kings
IBuyers like Opendoor and Offerpad once appeared poised to be an essential player in the nation's biggest housing markets. Now, real estate agents say their role has diminished dramatically
by Ben Verde Apr 12
Will migration fizzle out in 2023? History points to existential shift
The migration trends that drove housing demand during the pandemic are ending. But that doesn't mean people aren't moving, according to an Inman analysis of historic data
by Jim Dalrymple II Mar 31
Zillow CEO Rich Barton: 'The real pain is probably coming'
Zillow — which held $3.4B in cash and investments at the end of 2022 — is well prepared to weather any storm, including the banking fallout, Barton said in a new interview on Thursday
by Ben Verde Mar 17
Despite slow market, CoStar sees revenue and profit rise in Q4
The company's revenue jumped 13% year over year between October and December. CEO Andy Florance also promised Tuesday to continue CoStar's push into residential real estate
by Jim Dalrymple II Feb 21
Zillow sees revenue dip in Q4, but manages to trim losses
The portal giant brought in $435M in revenue during the fourth quarter of last year and lost $72M, according to 4Q22 earnings released Wednesday afternoon
by Jim Dalrymple II Feb 15
Freed from iBuying, Zillow wants more from its mortgage arm in 2023
To outside analysts, it appears Zillow got out of iBuying just in time. Now the company is looking ahead to a post-downturn world. Here are the biggest challenges Zillow will face in 2023
by Daniel Houston Jan 30
The 'Great Reshuffling' didn't come to a halt in 2022, new data shows
The number of moves slowed slightly from a record year in 2021 but remained at elevated levels nationwide, according to new data from the US Census Bureau backed by internal metrics from U-Haul
by Taylor Anderson Jan 5
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
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
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
Real estate companies are about to tell us just how bad the downturn is
Many of the industry's big companies are about to report their third-quarter earnings. The reports will offer the first in-depth look at how firms coped with a rapidly cooling market
by Jim Dalrymple II Nov 2
Will Elon Musk's Twitter torpedo real estate's most critical debates?
Musk is already shaking things up just days after buying Twitter. That could have big implications for some of real estate's most pressing debates
by Jim Dalrymple II Nov 1
Sink or swim, the fate of real estate's mightiest CEOs will be revealed
Opinion
Heads will roll and company valuations will sink so low that new outsiders will opportunistically make big acquisitions, Brad Inman writes. Real estate's Masters of the Universe are on notice
by Brad Inman Oct 12
It's the end of an era as 'father of the Zestimate' retires from Zillow
Stan Humphries, most recently Zillow's chief analytics officer, announced his retirement this month after 15 years with the portal. For better or worse, his work changed real estate forever
by Jim Dalrymple II Oct 11