Zillow sees losses rise in Q2 thanks to 'tough' market
The company lost $38M between April and June, though it did see revenue tick up slightly. Zillow also described 2023 as 'crucial,' in a newly published earnings report
by Jim Dalrymple II Aug 2
Here's how CoStar can beat Zillow and win the real estate portal wars
CoStar is already borrowing a page from other big insurgent companies including Nike, Apple and Pepsi. But whether it can surpass Zillow may depend on how much it spends, analysts told Intel
by Ben Verde Jul 19
Zillow, Anywhere and Compass vanish from annual Fortune 500 list
The real estate giants' omission from Fortune's annual list of the biggest companies illustrates just how far industry players have fallen as a result of a housing contraction that began in 2022
by Ben Verde Jun 7
Zillow and Opendoor expand partnership to 11 new markets
The former rivals are now jointly providing cash offers to consumers in a total of 16 markets, most of them spread out across the Sunbelt, according to an announcement Thursday
by Jim Dalrymple II Jun 1
Zillow appoints new CFO amid push to build 'housing super app'
Jeremy Hofmann has played a key role in the super app push so far and also oversaw Zillow's acquisition of ShowingTime, the company said
by Jim Dalrymple II May 18
Zillow begins 'critical' year with mounting losses, falling Q1 revenue
Zillow brought in $469M in revenue, according to an earnings call Wednesday, falling 13% from the $536M it brought in a year earlier during a period that preceded the rate hikes and sluggish sales
by Jim Dalrymple II May 3
REX gets OK to question Zillow CEO Rich Barton in antitrust suit
Judge Thomas Zilly denied Zillow's motion for a protective order, saying CEO Rich Barton must complete 3 hours of questioning from REX's counsel about the company's 'Project Bookshelf'
by Marian McPherson Apr 28
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