New builds drive surge of more than $2.6T in housing market value
The value of US housing has reached a new peak of slightly under $52T in the past year and is up 49% from the start of the pandemic, according to Zillow
by Ben Verde Sep 27
The 'lock-in effect' is real. Lean into it to generate more leads
Opinion
Learn how the interest rate lock-in effect is impacting current buyers and sellers and where the market is headed next
by Bernice Ross Sep 26
Matterport calculates square feet, labels rooms with latest AI update
The feature is in beta mode and, upon formal rollout, will allow agents instant access to room dimensions and total square footage by room and floor, according to an announcement Tuesday
by Craig C. Rowe Sep 26
Housing starts plunge to 3-year low
In August, housing starts hit their lowest level since June 2020, when builders were struggling with COVID-fueled 'shutdowns, labor shortages and supply chain issues,' according to US Census data
by Ben Verde Sep 19
Delta Media Group aims for peak customization in new app release
DeltaNET7 might sound like a covert military op, but it's proptech that rests on a flexible CRM solution and provides a host of ways for brokerages to implement user-level automations
by Craig C. Rowe Sep 18
Social media favorite Zillow Gone Wild greenlit for new HGTV show
The popular social media page is getting its own 9-episode HGTV show, with 8 half-hour episodes and an hour-long season finale
by Ben Verde Sep 13
2023 fall outlook: A cooler season roiled by homebuyer-seller friction
Commissions will take a hit from the seasonal real estate transaction fall-off. But unlike last year, home price growth may gain steam, according to an Intel analysis of housing market projections
by Daniel Houston Sep 13
Home values fell in 21 of the 50 largest US metros in August: Zillow
Home values are now 11.4% lower in Austin, Texas, than they were in Aug. 2022, Zillow said. Nationally, prices were up slightly from July to August, and there was a small inventory uptick
by Taylor Anderson Sep 13
Marilyn Monroe home slated for demolition is saved — for now
The LA City Council filed an emergency motion Friday to establish the home as an Historic-Cultural Monument to avoid demolition after thousands of concerned citizens registered their complaints
by Lillian Dickerson Sep 12
Morgan Stanley exec tapped to run single-family rental firm
Jonathan Pruzan, once thought to be a front-runner for CEO of Morgan Stanley, has been selected to run Pretium, a firm that owns tens of thousands of single-family rental homes
by Taylor Anderson Sep 7
Zillow and Homesite team up to offer renters insurance
Renters can purchase insurance policies on Zillow's desktop or mobile platform, thanks to a partnership with Homesite Insurance. Renters can pay on a monthly or annual basis
by Marian McPherson Sep 7
Zillow's still all-in when it comes to the mortgage business
While other companies are shedding their mortgage arms, Zillow's seeing potential and doubling down on Zillow Home Loans
by Mike DelPrete Sep 7
Bel-Air mansion tied to disgraced Sackler family sells at $5M loss
The $17M deal for the sprawling estate, which is located at 10690 Somma Way, closed on Aug. 1, according to a recent report
by Ben Verde Sep 6
Marilyn Monroe's former LA home poised for demolition
The Brentwood property where Monroe died from an overdose in 1962 dates back to 1929 and has original architectural features like beamed ceilings, terracotta tile floors and casement windows