Buying vs. renting: The income gap is widening, Redfin says
The typical American now needs to earn over $116,600 annually to afford a median-priced home in the US, compared to just $64,160 needed to afford an average apartment, according to Redfin
by Richelle Hammiel Apr 10
Estate Media brings on Chad Carroll and Dawn McKenna
With the collaboration, Carroll and McKenna will create original content for real estate professionals and consumers that educates and entertains, Inman has learned
real estate economist
Windermere Real Estate Principal Economist Jeff Tucker looks at active listings, inflation and mortgage rates, which spell out 'a recipe for pretty good shopping conditions for buyers'
by Jeff Tucker Mar 20
Porch Group bolsters executive team as profits keep rolling in
Property insurance and home warranty provider announces 4 additions to its executive team to keep the momentum going after putting together 2 consecutive profitable quarters
by Matt Carter Mar 14
Rocket: Redfin acquisition will cut consumer transaction costs by half
Rocket executives say unifying home search, buying, selling, mortgage, title and servicing could net $20K in savings — which might allay antitrust concerns and keep RESPA regulators at bay
by Matt Carter Mar 11
Tomo Mortgage secures $20M in Series B funding round
Tomo Mortgage, an AI-powered digital mortgage lender, has secured $20M in a Series B funding round, bringing its total investment to $130M, company executives announced Tuesday
by Richelle Hammiel Mar 11
Zillow CFO shares $5B revenue goal at Morgan Stanley conference
The portal is on track to reach co-founder Rich Barton's $5B revenue goal, Zillow CFO Jeremy Hofmann said Wednesday at Morgan Stanley's Technology, Media & Telecom Conference
by Marian McPherson Mar 6
Want to get more for your sellers? List in late May
Despite a slow start to the year, Zillow's latest report said May might be a potential goldmine for homesellers. Listings that go live during the last two weeks of May receive a premium of $5,600
by Marian McPherson Mar 6
Redfin on the upswing after Zillow deal despite widening Q4 losses
Redfin posted double-digit revenue growth in Q4 earnings Thursday. The company's $100M Zillow rental syndication deal has opened the door for greater advertising spend, CEO Glenn Kelman said
by Marian McPherson Feb 27
December home prices extend decade-long growth streak
The FHFA Housing Price Index (HPI) and the S&P CoreLogic Case-Shiller Indices reported annual growth of 4.5% and 3.9%, continuing a streak of quarterly appreciation since 2012
by Richelle Hammiel Feb 25
Black households led first-time homebuyer market in 2024
Despite a nationwide dip in first-time homeownership, Black buyers have bucked the trend in 2024, leading the market with 62% purchasing their first home, according to Zillow
by Richelle Hammiel Feb 20
real estate economist
This week, Windermere Real Estate Principal Economist Jeff Tucker shares how inventory serves as a leading indicator for the 2025 market
by Jeff Tucker Feb 19
Want to fall in love with real estate all over again? Attend an event
Team leaders Christian and Ashley Harris share how they discovered opportunity, relationships — and love — at live events
Zillow CEO lauds remote work as portal continues to slash space
The company’s 2024 10-K filing revealed it expects its leasing costs to drop by about $16M over the next 4 years and anticipates earning $26M in sublease income during the same period
by Marian McPherson Feb 13
New York broker sues Zillow, saying StreetEasy 'masked' his listings
George T. Spyridakis, an associate broker with eXp Realty, alleged Zillow's StreetEasy allowed multiple brokers to list the same unit on the platform, effectively hiding it from public view
by Taylor Anderson Feb 12