Out-of-town movers head for cheaper areas with larger homes
A greater share of movers than usual left the suburbs for more rural neighborhoods in 2020, according to a new study released Tuesday by Zillow
by Daniel Houston Jun 8
Connecting with Veronica Figueroa
Ahead of Inman Connect, the eXp Realty team leader says agents have the chance to offer service that keeps clients coming back
The New Normal: What if your CRM is big tech's next target?
Opinion
Innovation happens in small spaces. Most agents don't realize that as they become more and more entrenched in their CRM, their tech is becoming ripe for acquisition
by Craig C. Rowe Jun 9
Stop calling NAR and Zillow a ‘cartel,’ judge tells REX
A judge also denied REX's request for a preliminary injunction against NAR and Zillow. REX asked for the injunction after arguing it was the victim of anticompetitive practices
by Jim Dalrymple II Jun 9
Summer market will be hot, but not scorching, economists say at Inman Connect
Daryl Fairweather of Redfin and Jeff Tucker of Zillow said during a panel that the market would continue to be strong through the end of 2021
by Lillian Dickerson Jun 16
Zillow claims Zestimate now more accurate thanks to tech update
Zillow estimates the machine-learning-powered update will reduce the median error rate to 6.9% and increase homeowners' Zestimate live offers by 30%
by Marian McPherson Jun 15
Housing market may be 'stabilizing': ShowingTime
ShowingTime's latest data reveals that home showings saw an unusual dip in May, which could indicate the market is finally 'adjusting and stabilizing'
by Jim Dalrymple II Jun 22
Refinancing is easier than dieting, harder than training a dog: Survey
In a new Zillow survey, homeowners ranked refinancing as easier than divorce or dieting, but 'significantly tougher' than training a puppy
by Daniel Houston Jun 23
12-story condo building partially collapses near Miami
About half of the units of the 130-unit residential building Champlain Towers South collapsed on Thursday morning around 1:30 a.m. Officials do not yet know the cause
by Lillian Dickerson Jun 24
Renters were already feeling better. Then the eviction ban was extended
A new Zillow analysis found renters were growing more confident even before the government extended its moratorium on evictions through July
by Daniel Houston Jun 25
IBuyer transactions return to near pre-pandemic levels
IBuyer purchases by Redfin, Zillow Offers, Opendoor, Offerpad and Bungalo rose 20% in the first quarter of 2021, but remained down year over year, according to new data
by Daniel Houston Jun 25
Offerpad draws from big companies as iBuyer prepares to go public
Four new members will join the iBuyer's board later this year, including a Zillow executive and the former chief executive officer of Move, Inc.
by Daniel Houston Jun 28
IBuyers are entering the previously untouched Northeast market: Mike DelPrete
Billion-dollar disruptors are coming to the Northeast market, featuring new models like instant offers, cash offers and buy-before-you-sell programs. Are agents and brokers ready?
by Mike DelPrete Jun 28
With new FTC chair, expect greater scrutiny on the real estate industry
Lina Khan's appointment at the Federal Trade Commission last week appears to indicate the Biden administration plans to take an aggressive approach to antitrust regulation
by Andrea V. Brambila Jun 29
Zillow revamps Premier Agent 'Best of Zillow' qualifications
Zillow said the new Best of Zillow scoring system will provide a more holistic view of agents' performance. The update rolls out in October
by Marian McPherson Jul 7
Young adults put pandemic savings toward down payments
Zillow survey finds that half of millennials and Gen Zers plan to use money saved on transportation, child care and dining out to buy a home
Price cuts, while rare in this market, often lead to greater profit: Zillow
The number of sellers who choose to cut their listing price has dropped by a third over the last year, but a Zillow report found that if the price is dropped at the right time, sellers can net $15K over ask
Zillow, NAR slam REX's alleged use of antitrust as a business strategy
Real estate giants ask court to toss the discount brokerage's lawsuit over optional MLS rule
by Andrea V. Brambila Jul 14
3 ways Biden could change real estate
Real estate experts share how President Biden's latest executive order could impact real estate from licensing to noncompete agreements to antitrust lawsuits
by Marian McPherson Jul 19
Signs of seasonal inventory growth return in strained housing market
The number of homes for sale rose in June for the second consecutive month but remained far from a full recovery to pre-pandemic levels
by Daniel Houston Jul 19
Dotloop inks new deals with 4 agent associations
The deals include a comprehensive agreement with a Canadian MLS, and will also see dotloop integrate documents that more than 100,000 American agents use for their work
by Jim Dalrymple II Jul 19
A statue playing a trumpet
New pop-up informs renters that it's illegal to discriminate by legal source of income in New York and New Jersey
by Andrea V. Brambila Jul 19
Color me bad: The wrong shade of paint can cost sellers big bucks
Homebuyers have always tended to favor neutral tones in shared spaces, but some colors stand above the rest, Zillow found in a new survey
by Daniel Houston Jul 20
Zillow, NAR formed 'group boycott' to enforce commission rule: REX
REX alleges that the National Association of Realtors and Zillow use NAR's segregation rule to hinder competitors who don't comply with NAR's commission rule
by Andrea V. Brambila Jul 21
Tennessee mansion comes with a hidden 'Game of Thrones' theater
'Top notch sound-proofing, theater system and Game of Thrones design will make you feel like you just stepped into Universal Studios,' reads the listing description
Toronto iBuyer raises $44M with help from Spencer Rascoff, Eric Wu
Properly is a tech-based real estate brokerage in Canada with a model similar to US iBuyers like Opendoor and Zillow Offers
by Libertina Brandt Jul 21
Dueling NAR and REX op-eds hint that DOJ will target commissions
National Association of Realtors: 'The Administration has publicly signaled a lack of understanding about the MLS system and the associated commission structure'
by Andrea V. Brambila Jul 22
Huge number of homeowners willing to consider an iBuyer: Poll
82% of homeowners in 1000watt survey said they either were more likely to trust information from Zillow than from a real estate agent or to trust them about the same
by Andrea V. Brambila Jul 28
Dallas 'mansion' with no bedrooms, windows mocked on social media
While the house appears to be a typical mansion, the inside drew attention on social media for its bunker-like layout: 'That's where they brought Jason Bourne during his flashbacks'
Zillow rakes in $1.3B revenue in second quarter, but sees profits slip
The company's net income between April and June clocked in at $10 million — better than one year ago but short of the heights of the past two quarters
by Jim Dalrymple II Aug 5
DOJ intervenes in REX antitrust suit against NAR and Zillow
The federal agency says NAR can't use a 2008 consent decree to shield itself from investigation of its rules
by Andrea V. Brambila Aug 10
IBuyers are paying above market — and reselling for more: Mike DelPrete
Home prices are record high, and iBuyers are paying above market values for the houses they buy, but they're also reselling them for more than ever before
by Mike DelPrete Aug 11
A houseboat that can't sail is for sale in Michigan
The property's original owners built the unusual home in 1936 to keep a wife's seafaring husband on dry land
Lawmakers urge investigation into Zillow acquisition of ShowingTime
Rep. Ken Buck and Sen. Mike Lee, ranking members of the House and Senate antitrust subcommittees, have asked the FTC to 'closely examine competition issues' in real estate
by Andrea V. Brambila Aug 16
NAR to federal court in REX case: Ignore the DOJ
REX calls out NAR for alleged 'false assertions,' while NAR alleges REX is blaming others for its 'business shortcomings' and that 'consumers are not interested' in REX's services
by Andrea V. Brambila Aug 17
Even before the pandemic, rents weren’t expected to rise this high
Rent prices were 9% higher in July than at the same time last year, evidence of a rental market recovery in full swing
by Daniel Houston Aug 20
Zillow sharpens Rent Zestimate for homeowners
The refreshed Rent Zestimate has a 5% greater accuracy rate than its previous rendition, according to Zillow
by Lillian Dickerson Aug 23
Zillow's agent revenue lead on realtor.com is slipping: Mike DelPrete
Opinion
The lead may have slipped, but the truth is that both companies are extracting more revenue from agents than ever before
by Mike DelPrete Aug 23
Flyhomes launches new tool to tackle buyer's remorse
The Seattle-based startup, has launched a new tool that allows clients who regret their move to relist with no seller's commission
by Libertina Brandt Aug 26
Zillow releases e-book to help kids with stress of moving
The book follows a young girl named Iris, as she goes through a move alongside her parents and friends. Sale proceeds will go to Covenant House, a nonprofit that helps homeless youth
by Lillian Dickerson Aug 31
Kocomo brings co-ownership model to luxury international homes
Startup Kocomo has raised $56M to further its mission of democratizing owning a luxury second home in popular vacation destinations like the Caribbean and Mexico
The homebuyer in 2021? Middle-aged, married and college educated
Zillow Group's 2021 Consumer Housing Trends Report breaks down what buyers looked like in 2021, what they wanted most and how that compared to previous years
Offerpad enters the NY Stock Exchange with a $2.7B valuation
The iBuyer went public a day after merging with the Spencer Rascoff-led Supernova Partners Acquisition Company. The company will now be known as 'Offerpad Solutions'
Federal judge denies NAR, Zillow's motion to end REX lawsuit
Federal Judge Thomas Zilly said REX Real Estate's antitrust allegations against NAR and Zillow are 'plausible' in an order on Thursday. NAR said it will continue to defend itself against REX's claims
by Marian McPherson Sep 3
IBuyers on track to have record-setting sales in Q3
A new report from Zillow found that the nation's largest iBuyers reached a 1 percent market share in the second quarter of 2021, setting the stage for record-breaking sales in Q3
by Marian McPherson Sep 7
Offerpad stock surges on second day of trading as iBuyers see gains
The iBuyer's stock spiked 27% on Tuesday before settling back down to $10 per share as investors continued to show interest in companies that make direct cash offers for homes
by Daniel Houston Sep 8
3 moments that made Zillow President Susan Daimler
Daimler became president of Zillow in February, but has been honing her leadership skill since her early days as the co-founder of multiple startups. Read about the 3 moments that sharpened Daimler's leadership skills ahead of her appearance at Inman Connect Las Vegas
by Jim Dalrymple II Sep 13
Largest MLS in nation signs off on slew of big changes to listings
California Regional MLS, which boasts more than 108,000 subscribers, has instituted changes on how listing agents and brokers appear on online listing pages
Two men standing on either side of a line on the ground
Real estate brokerage giant says 'many listing search websites misdirect consumers by obfuscating display of a property’s listing firm'
It looks like the US is headed for a 2nd wave of homeowner reshuffling
A large share of employees want to work remotely, but some say their employers' lack of guidance on this policy is delaying big decisions
by Daniel Houston Sep 15
NAR vs. DOJ: A timeline of the battle as it stretches into 4th year
An analysis of the association's petition offers a step-by-step timeline of the events leading up to the DOJ's launch of a new investigation of NAR rules
by Andrea V. Brambila Sep 16
REX takes new jab at NAR in blistering 'cartel economics' attack
The discount brokerage struck on Wednesday following the National Association of Realtors' petition 2 days earlier to compel the DOJ to uphold its antitrust settlement
by Lillian Dickerson Sep 15
Fall housing outlook: Cooling prices, tighter inventory, less competition
As the weather cools, so too will competition and housing prices, experts told Inman for its 2021 Fall Housing Market Outlook. Still, agents can expect inventory to remain tight
by Lillian Dickerson Sep 22
Tomo's CEO on the mortgage industry: 'It's like going to the DMV'
During a conversation with Brad Inman at Connect Now, Greg Schwartz said 'mortgage is the catastrophe of the real estate transaction,' and shared how Tomo is changing that
by Lillian Dickerson Sep 21
ShowingTime's offer management platform sees surging interest
Real estate professionals in the US and Canada used ShowingTime's Offer Manager to handle more than 120,000 offers over the last year
by Jim Dalrymple II Sep 20
Struggling homeowners may evade foreclosure thanks to surging prices
Only 1 in 20 homes that hit the market next year will be foreclosed properties, according to a survey of real estate experts and economists
by Daniel Houston Sep 21
'I’ve never seen anything like this': Bidding wars hit the rental market
The for-sale market appears to be cooling down, but the rental market is fiery-hot in housing markets nationwide, with would-be tenants getting their first taste of bidding wars
by Lillian Dickerson Sep 21
Redfin CEO, Zillow pour cold water on TikToker's iBuyer theory
A recent viral video suggested iBuyers could jack up the prices of homes. But one expert called the theory 'fairly conspiratorial,' and iBuyers themselves said they still have a tiny share of the market
by Jim Dalrymple II Sep 23
How to use Zillow to grow your business in 2021
Find out how Zillow has managed pandemic-fueled increases in online traffic while enhancing services to agents and customers
by Christy Murdock Sep 27
Twitter applauds as Berlin votes to wrestle apartments from landlords
'All those in favor of expropriating every house that Zillow owns, say aye,' tweeted one American as Berlin's vote to seize 240K apartments rippled across the globe
by Lillian Dickerson Sep 27
REX: 'Outmoded' real estate rules 'struck a vein' with DOJ
Brokerage backed by Chris Christie and Jeb Bush says agent steering by commission should 'shock the conscience' of anyone interested in equity in housing
Why REX pays buyer agents and uses MLSs — sometimes
REX's general counsel Michael Toth says the discount brokerage pays buyer agents in at least 40% of its list-side transactions
REX CEO calls on NAR to repeal 'anti-consumer' rules at conference
In an open letter, Ryan alleges the National Association of Realtors' rules prevent hundreds of thousands of Americans from attaining homeownership. He called on NAR to repeal the rules at its Realtors Conference and Expo in San Diego in November
by Andrea V. Brambila Sep 30
Stuck in a rut? 22 under-the-radar lead generation ideas for agents
Sometimes using the latest, cutting-edge tech tools are the way to go, but often old-school analog methods just can't be beat
by Lillian Dickerson Sep 30
Zillow wraps ShowingTime deal as feds continue FTC investigation
The $500M deal was first announced in February, and prompted a heated debate among ShowingTime users. Despite the deal closing, the FTC is reportedly still seeking information from the companies
by Jim Dalrymple II Oct 1
Essential workers sacrifice space and home age to afford their rent: Zillow
Millions of renters throughout the US are often forced to choose smaller and older homes to afford their rent, according to a recent report from Zillow
Zillow, ShowingTime and why lack of competition kills customer service
Opinion
As fewer companies dominate the scene and own the software it takes to run a real estate business, prices will go up while customer service and innovation decline
by Teresa Boardman Oct 6
Zillow Housing Hackathon winners create renter affordability app
The HBCU Housing Hackathon was a 7-day virtual competition to challenge students to create and pitch tech solutions to help consumers overcome obstacles in finding a home. The winning team was from Morehouse College
Zillow, Warburg and 4 takeaways from Coldwell Banker's Gen Blue
The pandemic, a big acquisition and the specter of Zillow were all significant parts of Coldwell Banker's latest gathering
by Jim Dalrymple II Oct 7
Inman Top 5: The biggest stories of the week Oct. 1-5, 2021
Catch up quickly on the most significant stories of the week, as determined by Inman readers. Here's this week's Inman Top 5
by Inman Oct 8
Compass stock, market cap tumbles to new low
The company's shares ended Monday trading at $10.74, down significantly compared to when they debuted about 6 months ago. The drop reduced Compass' valuation to $4.2B
by Jim Dalrymple II Oct 11
CoStar takes aim at Zillow in NYC with launch of Citysnap portal
Homesnap's new portal should launch across New York City in 2022. It's the latest development in a simmering search portal cold war between CoStar and Zillow
by Jim Dalrymple II Oct 13
As Zillow pumps brakes on buying, other stunned iBuyers forge ahead
Zillow says it's facing supply and labor constraints. But other iBuyers, who expressed surprise over Zillow's abrupt pause, say they aren't suffering from the same issues
by Jim Dalrymple II Oct 18
Outlook improves for home sales through end of 2021, beyond: Zillow
Strong numbers of pending home sales and applications for purchase loans have pushed up sales forecasts through the end of the year
by Daniel Houston Oct 20
Zillow's iBuyer misstep will soon be 'a distant memory': Mike DelPrete
Opinion
Within the context of long-term industry disruption, Zillow's loss may simply be an embarrassing detour on its inexorable march to transform real estate
by Mike DelPrete Oct 25
CoStar revenue rises to new heights in latest earnings report
The company pulled in $499M in revenue during the third quarter of this year. That's a 17% jump compared to last year at the same time
by Jim Dalrymple II Oct 26
Brokers: 'Leverage everything you can' to get agents leads
From inside sales agents and online leads to repeat and referral business, brokers need to pull out all the stops to help agents generate leads
by Lillian Dickerson Oct 26
CoStar CEO likens Zillow's StreetEasy to blackmail
Andy Florance on Tuesday positioned his company's upcoming New York City portal as an alternative to Zillow-owned StreetEasy
by Jim Dalrymple II Oct 26
CoStar CEO accuses competitors of ‘hijacking’ listings
Andy Florance weighed in on why his company is building a New York City portal and what he thinks of CoStar's rivals
by Jim Dalrymple II Oct 28
Tour a creepy ‘haunted’ house made by Zillow — if you dare
You can virtually visit the fictional house of horrors to see its 'dingy cellar complete with built-in meat locker' and 'creaky wooden doors with mysterious witch-crafted claw marks'
How NAR and multiple listing services fail brokers
Greg Robertson and Victor Lund don't hold back on why obtaining MLS data should be easier and why the National Association of Realtors' policy should be enforced
Listing 'mafias,' the Amazon of real estate and other Connect standouts
This year's highlights included the escalation of a Zillow-CoStar cold war, warnings that the market could turn and countless tips for agents who want to thrive in any kind of market
by Jim Dalrymple II Nov 1
Zillow shooting for 7,000 home sales at $2.8B after iBuying pause
The news comes just weeks after the company announced a pause in its iBuying, and follows reports that it was underpricing homes in a number of cities
What to Watch for: Zillow's Q3 2021 earnings results
With Zillow Offers woes and souring public opinion at their backs, Zillow has a few headwinds heading into its Q3 2021 earnings on Tuesday. Here are 4 things to keep an eye on
by Marian McPherson Nov 2
Zillow to shut down iBuying program Zillow Offers
The move should take several quarters and will also result in Zillow reducing its workforce by about 25 percent
by Jim Dalrymple II Nov 2
Zillow sees revenue tick up as tension mounts over iBuyer fallout
The popular portal raked in $1.7B during the third quarter of 2021, though it also lost $328M — much of it from iBuying
by Jim Dalrymple II Nov 2
The Zestimate comes back to bite: Reactions to the end of Zillow Offers
Industry professionals and social media wags alike reacted to news on Tuesday that Zillow would shut down Zillow Offers, its iBuyer program. Many pointed to CEO Rich Barton's statements on the difficulties of forecasting home prices and the company's Zestimate tool
by Marian McPherson Nov 3
Zillow stocks plunge as competing iBuyers hang steady amid chaos
Thirty minutes into trading on Wednesday, Zillow Group's stock was down about 16.6 percent to around $70.55 per share
Zillow exits iBuying: 5 things you should know
Opinion
This move that has significant implications for the real estate industry. Here's why
by Mike DelPrete Nov 3
These venture capitalists predicted Zillow Offers' demise
Opendoor co-founder Keith Rabois and 'The Big Short' investor Steve Eisman predicted the end of Zillow Offers as soon as it began. What did they see that others didn't?
by Marian McPherson Nov 4
game over
Opinion
Zillow’s decision to shut down its iBuying business is more than just a response to the volatility of the Zestimate, but rather an indication that technology can't solve everything
by Bernice Ross Nov 4
Opendoor co-founder slams Zillow, calls portal's tech 'horrible'
Keith Rabois also said on Twitter Wednesday that he expects Zillow to suffer 'even greater losses than they admit'
by Jim Dalrymple II Nov 4
Zillow after Zillow Offers: Here’s what happens next
Experts envision the company pivoting to the comparatively easier business of working with buyers after the failed experiment of scooping up homes from sellers
by Jim Dalrymple II Nov 4
What Zillow shutting down iBuying means for agents
Opinion
Zillow is not going away, and iBuyer programs are still disrupting. Those are the facts — but there's a massive opportunity to step up and step into your own role as a real estate professional. Here's what you need to know
by Darryl Davis Nov 4
No, BlackRock isn't buying up all of Zillow's homes
Zillow's ill-fated iBuying venture drew detractors online before the program collapsed. But as the company races to unload 18,000 homes, were they right about where it's headed?
by Daniel Houston Nov 5
Inman Top 5: The biggest stories of the week Oct. 29 - Nov. 5, 2021
Catch up quickly on the most significant stories of the week, as determined by Inman readers. Here's this week's Inman Top 5
by Inman Nov 5
Offerpad CEO: Zillow's folly was in 'chase' to be the 'fastest'
In a new interview on Thursday, Offerpad CEO Brian Bair explained where Zillow went wrong and his enduring faith in the iBuying business model
by Marian McPherson Nov 5
Coldwell Banker Bain acquired by Houston title insurance company
Coldwell Banker Bain chair Bill Riss has sold his majority interest in the company to US RES Holdco, an affiliate of Houston title insurance company Stewart Information Services
MLS Aligned preps new showing service, adds another new owner
BeachesMLS is the latest mega MLS to join MLS Aligned as the joint venture gears up to release Aligned Showings
What to expect as Compass, Opendoor, Offerpad and Keller Williams release earnings today
How will Opendoor and Offerpad respond to Zillow bowing out of iBuying? How is Compass faring as a fledgling public company? And is Keller Williams nearing an IPO?
by Lillian Dickerson Nov 10
Zillow raced to catch up with Opendoor in a secret initiative called ‘Project Ketchup’: Report
Zillow may have damaged relationships with repair contractors in its race to gain market share from rival iBuyers, Business Insider reports
by Daniel Houston Nov 9
Zillow offloads 2,000 homes to New York City investment firm: Report
Pretium Partners has agreed to buy some of Zillow's homes as the listings portal exits the iBuyer business, The Wall Street Journal reports
by Daniel Houston Nov 10
Offerpad sees surging growth in Q3 across revenue, profits, homes sold
CEO Brian Bair offered reassurance in the wake of Zillow's iBuying exit that Offerpad's business model is working
by Lillian Dickerson Nov 10
Zillow, Realogy push for NAR listing agent attribution
Some MLSs are 'strongly opposed' to requiring the display of listing agents in addition to listing brokerages
by Andrea V. Brambila Nov 10
Seasonality is back, iBuying is alive, and other big earnings takeaways
This week saw a flood of real estate company earnings reports. Overall, they indicate the market is well-positioned and maybe returning to some semblance of normalcy
by Jim Dalrymple II Nov 11
RE/MAX urges NAR to reject listing attribution proposal entirely
Real estate franchisor says giving the listing brokerage equal billing would cause consumer confusion
by Andrea V. Brambila Nov 11
Multiple law firms investigating Zillow for potential securities fraud
The investigations — which are relatively common after a company discloses very bad news — are a response to Zillow's announcement that it will end its iBuying business
by Jim Dalrymple II Nov 12
'Zillow, it's not me, it's you' Part 2: Premier Agent leads are weak
Opinion
Premier Agent leads have slipped, says real estate agent Meg Jones Mullin in her follow-up break-up letter to Zillow. She and others sound off
by Meghan Mullin Nov 12
A pencil with eraser
After broker feedback, indie brokerage network says its updated stance is 'neutral'
by Andrea V. Brambila Nov 12
ShowingTime rolls out new safety, video tools
The new tools will let agents conduct live video tours and send out automated emergency texts if or when they run into trouble
by Jim Dalrymple II Nov 12
Los Angeles wants to ban iBuying
The city council just approved an effort that will look for strategies to stop iBuyers such as Opendoor and Redfin
by Jim Dalrymple II Nov 13
Listing agents dropped from NAR's controversial attribution proposal
A requirement to display listing firm contact information 'at least as prominently as any other contact information' was stricken from the proposal, which passed on Saturday
by Andrea V. Brambila Nov 15
Capitol rioter mistakenly shows attack plans in Zillow listing photos
Former Green Beret and Oath Keepers member Jeremy Brown is in hot water with the FBI after listing photos revealed the contents of his weapons arsenal
by Marian McPherson Nov 15
Zillow Offers is dead. But Zillow (and iBuying) is here to stay
At Connect Now on Tuesday, real estate analyst Mike DelPrete shared with Brad Inman where Zillow went wrong with Zillow Offers and what 'Zillow 3.0' could look like
by Marian McPherson Nov 16
Spencer Rascoff: The transaction facilitator category needs a rebrand
Rascoff: iBuying will survive without Zillow, but companies that 'take the friction out of transactions' need a new name for their services
by Matt Carter Nov 16
'IBuyers have never been bigger': Mike DelPrete
Opinion
Seasonality and the Zillow exit will certainly impact this, but for the time being, iBuyers are at an all-time high, with Opendoor leading the pack
by Mike DelPrete Nov 17
5 ways NAR's annual conference changed the future of real estate
The trade group changed real estate listings nationwide, made buyer agent compensation more transparent, declared a divisive symbol discriminatory and turned the gender divide on its head
by Andrea V. Brambila Nov 19
The case for reinvention: Why agents should always be adapting
Opinion
The shuttering of Zillow Offers is a good lesson in reinvention for all agents. As consumer expectations change, agents need to adapt and add value to stay ahead of the competition
by Jeff Glover Nov 25
Targeting Zillow again, CoStar's Homesnap unveils new showing tool
The company announced its latest management tool, which it bills as a direct competitor to the widely used ShowingTime product
by Daniel Houston Nov 23
Power Buyers: What to know about real estate’s buzziest new buyer tools
The innovation wave has hit the buy-side, with Power Buyers emerging as this year's buzziest business model. Here's everything you need to know to power up your clients' purchasing prowess
by Marian McPherson Nov 29
Why every brokerage needs an iBuyer solution
Opinion
Despite Zillow's misstep, iBuyers offer the convenience and speed your clients are looking for. Find out you can make your mark and compete for a share of the action
four colorful house roofs
Opinion
Many have pointed to the failure of Zillow Offers as proof that the Zestimate is inaccurate, but the company’s struggles actually reinforce the critical role that quality automated valuation technology plays in the iBuying process
by Jeremy Sicklick Nov 30
Zillow Offers' demise 'attributable to internal factors,' report claims
Zavvie has found that both iBuyers and Power Buyers are seeing explosive growth — suggesting Zillow's recent moves don't reflect weakness in the iBuying concept
by Jim Dalrymple II Nov 30
Zillow cancels 400 Zillow Offers contracts due to closing restraints
Hundreds of sellers awaiting new builds will have to sell their homes another way after Zillow canceled contracts for closings set for late 2022 through its defunct iBuyer, Zillow Offers
by Marian McPherson Nov 30
Zillow close to unloading more than half of its iBuyer homes
Real estate giant also announces $750M stock buyback following the company's stock price tumble after Zillow Offers shutdown
Zillow stock rebounds on news of stock buyback, iBuyer selloff
Zillow's stock bounced back to the highest level in a month as the portal announced a stock buyback plan and its speedy progress on sunsetting Zillow Offers
by Marian McPherson Dec 3
2022 will be pivotal for Offerpad as it competes for the iBuyer crown
With the implosion of Zillow Offers in October, all eyes will be on Opendoor and Offerpad as they duke it out for marketshare in 2022. Here are the biggest challenges Offerpad faces next year
IBuyers net record-high sales in Q3 amid skyrocketing purchase volume
Phoenix homeowners unloaded a mind-blowing $1.47B worth of housing stock to an iBuyer in the third quarter, the first instance an individual housing market has exceeded $1B in iBuyer sales
by Marian McPherson Dec 7
Opendoor in 2022: As the king of the iBuyers grows, so does its risk
Opendoor faces an array of challenges from other companies and sectors as it aims to hold its position as the biggest and most successful iBuyer in the world
by Jim Dalrymple II Dec 9
California Regional MLS launches venture fund, invests in Perchwell
CRMLS CEO Art Carter says the fund will serve agents' and brokers' need for 'high-quality technology that enables them to do their jobs without worrying about how their data gets used'
The 6 tech trends that defined real estate in 2021
Finally, COVID-19 wasn't at the heart of the year's prevailing real estate technology trends. Instead, 2021 was marked by notable acquisitions and the fallout from the biggest of them all
by Craig C. Rowe Dec 10
Real estate in 2021 was weird, wild and always unpredictable
The year saw explosive rivalries, wild stock market performances and plenty of rage
by Jim Dalrymple II Dec 13
Win the winter sales slowdown with these 5 cozy real estate listing tips
Sellers that highlight their home's coziest winter features can stand out in what is traditionally considered a slower time for sales, according to a new analysis from Zillow released Monday
by Daniel Houston Dec 13
Redfin in 2022: Does slow and steady ultimately win the race?
Redfin is an iBuyer, a brokerage and a portal. But the company is also known for taking a more conservative approach to growth than some rivals
by Jim Dalrymple II Dec 16
From hate speech to antitrust: The year in MLSs and associations
2021 came with Realtor misbehavior, rising legal and regulatory scrutiny and MLSs becoming tech investors after Zillow's acquisition of ShowingTime
by Andrea V. Brambila Dec 17
Zillow listings now link buyers with down-payment assistance info
The Seattle-based home portal has added a new listing feature that connects a buyer with details about down-payment programs in their area
by Daniel Houston Dec 15
The top 21 Inman stories of 2021
In a year that seemed like a reprise of 2020 — call it '2020 Light' — the past 12 months have been filled with anxiety. Take a walk down memory lane as Inman reveals its most-read stories of 2021
by Inman Dec 31
Why the housing market won't burn quite as hot in 2022
The housing market will cool slightly in 2022, but will scorch as a multitude of buyers chase too few homes, according to economic experts who spoke with Inman
by Andrea V. Brambila Dec 30
Opendoor vs. Zillow: Pricing is a 'competitive advantage for iBuyers'
Opinion
A comparison of Zillow Offers and Opendoor highlights the critical importance of pricing in iBuying. There's an understated elegance in the detail; it's not just buying low and selling high. But what makes for a successful pricing operation?
by Mike DelPrete Dec 20
Better, brawls and Zillow’s misfire: Brad Inman says it’s just the start
Opinion
Anger is one reaction to shattered expectations, but you can't pick a fight with an unforgiving market. These days, everyone's fighting their own fears, Inman Publisher Brad Inman writes
by Brad Inman Dec 20
New court ruling is both victory and defeat for NAR and REX
Discount brokerage's antitrust claims survive after judge concludes REX 'plausibly alleges that Zillow changed its websites because of NAR’s rules'
by Andrea V. Brambila Dec 21
Zillow debuts collaborative SharePlay search feature
SharePlay will let users search listings with friends and family, and is meant to turn the experience of searching Zillow into a 'game sport'
by Jim Dalrymple II Dec 21
Zillow-owned Trulia will ditch crime data beginning in 2022
The announcement comes days after realtor.com and Redfin also revealed plans to avoid crime data, with the latter company calling on others to follow suit
by Jim Dalrymple II Dec 21
The biggest questions and answers about portals ditching crime data
Redfin, Trulia and realtor.com have all vowed to not use crime data going forward. The companies' stands are now prompting a debate in the industry
by Jim Dalrymple II Dec 23
These are Zillow's most searched places of 2021
New data from Zillow shows what the website purports to be the most popular places of the year
by Ben Verde Dec 22
$1M Zestimate on Santa Claus' home is spot on, according to agents
Santa’s charming rustic-modern cabin is now worth more than $1M according to Zillow’s Zestimate tool, a whopping 19% increase in value since the last holiday season
by Ben Verde Dec 25
Can eXp Realty maintain rapid, sustainable growth in 2022?
There's no doubt that eXp has been on a hot streak, but that doesn't mean the brokerage lacks challenges to consider as it looks to 2022, including scaling operations through rapid growth
by Lillian Dickerson Dec 29
5 big challenges for CoStar in 2022
The commercial real estate juggernaut has set its sights on residential sales and faces a bumpy road against incumbents Zillow, Redfin and realtor.com
by Andrea V. Brambila Dec 30
News Quiz: Test your knowledge of real estate's biggest stories of 2021
Acquisitions, spats, implosions and brawls: As the year wraps up and real estate professionals wish for the best in 2022, test your knowledge of the biggest real estate stories of 2021
by Inman Dec 31
'For sale by owner' homes hit 40-year low. Is it even worth the effort?
Most homeowners who forego an agent are selling to someone they know, leaving a small group that fends for themselves on the open market, several new reports reveal
by Daniel Houston Dec 28
Masks, politics and our great divide: Why we need to change course now
Opinion
Brad Inman can’t recall a time when we all were so righteously indignant. Name-calling, picking petty fights and silent judgement are the name of the game. It's time to bridge the divide
by Brad Inman Dec 28
Bathroom remodels top owners' renovation wish lists for 2022
Zillow: More than half of homeowners would consider a bathroom remodel next year
by Andrea V. Brambila Dec 29
11 alternatives to ShowingTime: new apps to manage home showings
2021's legacy to proptech will be a major jump in the number of technology products developed to help agents show homes
by Craig C. Rowe Dec 30
Zillow names hottest real estate housing markets of 2022
Tampa, Florida, leads several Sun Belt cities that Zillow predicts will be among the most competitive housing markets in the United States this year
by Ben Verde Jan 4
NAR is second biggest trade group donor to 'Sedition Caucus': Analysis
Donations to lawmakers who voted against certifying the 2020 election results from the National Association of Realtors and Rocket Mortgage clocked in at more than $375K in 2021
News Quiz: Test your grasp of the biggest news for the week of Jan. 2
Zillow, NAR and a strange celebrity matchup all made headlines on the first week of the new year. As we embark on 2022, test your knowledge of the week's biggest real estate stories
by Inman Jan 7
Zillow taps former Nike, Airbnb exec as chief design officer
Jenny Arden also previously worked at Google and Lyft, and will now help Zillow build out its end-to-end user experience
by Jim Dalrymple II Jan 7
Gary Keller named the most powerful person in real estate
Other industry leaders who landed top spots on the prestigious Swanepoel Power 200 ranking include eXp's Glenn Sanford, Realogy's Ryan Schneider and Compass' Robert Reffkin
by Jim Dalrymple II Jan 11
COVID hit the US 2 years ago today. Housing hasn't been the same since
Agents remain optimistic 2 years into the pandemic as the market waits to see who breaks first: buyers or sellers. Buyers, meanwhile, continue to pay record prices. Will the surge continue?
by Taylor Anderson Jan 20
Former Zillow, eXp executive joins consulting firm T3 Sixty
Mitch Robinson also previously worked at Expedia and Tomo. At T3 Sixty, he'll lead a new to-be-announced business unit
by Jim Dalrymple II Jan 18
US home inventory drops below 1M
Home inventory dropped to the lowest level on record last month as buyers competed over an already sparse range of choices, according to data released Thursday by Zillow
by Daniel Houston Jan 20
Move Inc. CEO questions Zillow's 'closed ecosystem,' CoStar's motives
On CoStar: 'Eventually the playbook is to charge for paid inclusion of listings and to raise prices over time as people become more and more reliant on CoStar'
by Taylor Anderson Jan 25
From Realtors with love: 89 tips for new real estate agents in 2022
Inman reached out to more than 200 of the country's top agents by transaction sides and sales volume and asked 1 simple question: What's your advice for agents launching careers in 2022?
Zillow ordered to pay VHT $2M as listing photo saga concludes
A legal saga that began more than 6 years ago may have finally ended after a judge in Seattle concluded that Zillow must pay photography company VHT Studios for copyright infringement
by Andrea V. Brambila Jan 28
Offerpad stock reaches lowest level ever on Wall Street before rebound
It’s not the only publicly traded real estate brand to face headwinds in the market in January, but it is leading the pack
by Taylor Anderson Jan 28
5 ways to make your brokerage stand out in a crowded marketplace
Attracting buyers, sellers and new agents is about more than service. It's about capturing mindshare to stay front and center in the local market
by Mark Choey Feb 3
NAR countersues REX Real Estate, alleges harm from 'campaign of lies'
Real estate trade organization hits back at discount brokerage's claims regarding its own business model and inflated real estate commissions
Location, location, location: Real estate will continue to be an antitrust hotspot in 2022
Opinion
With billions in commissions at stake, all three branches of government are focused on the real estate industry. Here are the legal wranglings at the heart of their scrutiny
by Dylan Carson AND Alicia Batts Feb 2
How to make sense of iBuying in 2022, post-Zillow
IBuying has existed for years, but it's growing faster than ever and now approaching the scale that could finally make it profitable
by Jim Dalrymple II Feb 2
lightbulbs on blue background
The discount brokerage is now a member of 6 multiple listing services, but says it's still avoiding 'traditional' agent fees by offering a low commission when it submits listings
When will it be a buyer's market? Hold that thought, experts warn
Even with rising rates, record high prices and an increase in new home construction, the seller’s market isn’t set to end soon, economists and housing experts told Inman
by Taylor Anderson Feb 2
Forget what Punxsutawney Phil says: Spring already here for buyers
Spring, the hottest time of year for homebuyers and sellers, has started early, according to economists who spoke to Inman. 'Home shopping season appears to already be in full swing!'
by Ben Verde Feb 2
Everything you need to know about Realtor.com's relationship with the National Association of Realtors
Realtor.com is the official listing site of the 1.5 million-member National Association of Realtors. In November 2014, News Corp. acquired its parent company, Move, with NAR's blessing
How real estate agents can work with Offerpad
For agents looking to enter the iBuyer market or merely up their iBuyer game, Offerpad is but one choice for a partner. Here's what agents who want to work with the iBuyer should know
Opendoor launches in California's pricey Bay Area
The launch brings the world's biggest iBuyer to one of the world's most challenging real estate markets — and marks a new chapter for the iBuying concept
by Jim Dalrymple II Feb 8
75% of homebuyers acknowledge some regret over recent home buy
Three-quarters of survey participants who purchased a home in the past 2 years had some regrets about at least one aspect of their new home, according to an analysis released Tuesday by Zillow
by Ben Verde Feb 8
News Quiz: Do you know the biggest stories for the week of Feb. 6?
Keller Williams, eXp Realty, Opendoor and Zillow all made headlines this week. Test your knowledge of the biggest stories to see if you're up to date on the industry in February
by Inman Feb 11
What to watch for in Zillow's first post-iBuyer earnings report
Zillow's last earnings report included news that the Zillow Offers iBuyer program would shut down. Three months later, observers are waiting for the next pivot
by Jim Dalrymple II Feb 10
Zillow revenue soars, losses deepen in Q4 amid fast-moving iBuying exit
Zillow's now-shuttering iBuyer business sent revenue soaring, but also significantly amplified losses during the final months of 2021
by Jim Dalrymple II Feb 10
Zillow's 'audacious' plan? Double Premier Agent business by 2025
Opinion
After shuttering Zillow Offers, the company is going back to its agent lead gen roots, according to Mike DelPrete. It's looking for an additional $1.5B to be paid by real estate agents
by Mike DelPrete Feb 14
NAR-owned SentriLock sues rival Supra over patent infringement
The lawsuit from the National Association of Realtors against parent company Carrier Global claims Supra knowingly stole and sold lockbox technology that rightfully belongs to SentriLock
by Jim Dalrymple II Feb 15
Record number of cities named as 'million dollar' markets in 2021
The addition of 146 cities, the most in a single year, brought the total number to 481, according to data released Wednesday by Zillow. Another 49 are expected to earn the designation this year
by Ben Verde Feb 16
Zillow's plan to double agent business by 2025: The Real Word
Opinion
This week: Byron Lazine and Nicole White weigh in on Zillow's 3.0 strategy, home value predictions for 2022 and Rocket Mortgage's Super Bowl collab with Barbie
by Byron Lazine Feb 18
How iBuyers, Power Buyers can be a Cinderella story for homebuyers
When agents truly care about their customers, they can't be afraid of trying new things, Jackie Soto, broker at eHomes, told Brad Inman during an Inman Connect Now panel on Thursday
by Lillian Dickerson Feb 17
News Quiz: Do you know the biggest stories for the week of Feb. 13?
Compass, Realogy and Redfin all posted earnings reports this week. Test your knowledge of the biggest stories — and quarterly wins and losses — to see if you're up to date on the industry
by Inman Feb 18
CoStar faces high turnover, criticism from ex-employees: report
Former employees criticized the data giant and rising Zillow rival in a new report from Business Insider that claims the company saw 37% of its workers leave in 2021
by Jim Dalrymple II Feb 22
Q4 reveals strong growth for iBuyers, Power Buyers: zavvie
IBuyers and Power Buyers finished 2021 in a strong position, even amidst a low-inventory, competitive market that just wouldn't quit, real estate tech company zavvie reported
by Lillian Dickerson Feb 22
Watch the throne: Social media dumps on Illinois listing’s gold toilet
An Illinois home's gold toilet has stirred the social media pot this week. The five-bedroom, five-bathroom home is asking $799,000
by Ben Verde Feb 23
'We're not the pocket listing guys anymore': The PLS is now The NLS
The National Listing Service wants to help agents compete with big portals such as Zillow, Realtor.com and Redfin for control of their lead generation
by Andrea V. Brambila Feb 24
Opendoor revenue rises more than 1,400% in Q4, but losses mount too
The iBuying giant earned $3.8B in revenue between October and December last year. The latest numbers highlight the uniqueness of Opendoor's growth strategy
by Jim Dalrymple II Feb 24
Mortgage payments shoot past their 2007 highs — and at faster pace
Rising home prices don't always mean higher monthly payments. But as the pandemic-era market wears on, buyers are increasingly feel the squeeze
by Daniel Houston Feb 25
Police investigating suspected arson at CoStar's headquarters
The Wednesday-evening incident, which reportedly involved two cars, comes as CoStar faces criticism from ex-employees and as it pushes further into the residential sector
by Jim Dalrymple II Feb 25
Susan Daimler CEO of Zillow at Inman Connect New York
Merging technology with a human connection is the secret to success in today's tech-centric market
by Jodie Cordell Feb 28
Now you can look at 5 homes at once on Zillow with 'Homes to Compare'
The 'Homes to Compare' tool allows users to compare more than 70 details of a listing side-by-side, including price, square footage, lot size, property condition, interior features and more
IBuyers purchased over 70K homes in 2021, doubling previous record
'IBuyers purchased 70,402 homes in 2021, more than double the previous annual high of 32,726 homes in 2019,' according to Zillow's Q4 iBuyer report
by Taylor Anderson Mar 2
Spencer Rascoff is bullish on iBuying. Here’s why
Ahead of Inman Connect New York, the former Zillow CEO and 'serial entrepreneur' spoke about how he leads teams, the value of Pacaso and why he's sticking with iBuyers
by Taylor Anderson Mar 8
Are real estate portals addictive? Consensus grows as users scroll
Psychologists, addiction experts and gamification specialists agree search portals like Zillow and Realtor.com can be irresistible to vulnerable users. But the question is, how big of a problem is it?
by Lillian Dickerson Mar 10
Zillow's Susan Daimler on the tech giant's mysterious 'super app'
Ahead of Inman Connect New York, Zillow's president dished about the company's goal to build a housing super app, its interest in power buyers and why housing should be 'delightful'
by Andrea V. Brambila Mar 14
Spring Open House
The weeks leading up to the spring homebuying season have coincided with an uptick in open house activity unseen since before the pandemic, real estate agents told Inman
by Daniel Houston Mar 16
Inman Connect Now Series
Learn how you can best serve your clients in today's market at Inman Connect Now
by Jodie Cordell Mar 15
The key to success in business? Stop trying to solve 'all' the problems
At Connect Now, Homeward Founder and CEO Tim Heyl told agents and brokers to focus on what they do better than anyone else and predicted 'the bundled transaction' would gain steam
by Andrea V. Brambila Mar 17
Inventory usually rebounds in the spring. Not this time, new study says
Inventory bucked an annual trend, dropping month over month in February despite typically bottoming out each December before rebounding in time for the spring, according to Zillow data
by Taylor Anderson Mar 17
rental image
Rent rose sharply, but it didn’t keep up with the rapid increase in the price of a monthly mortgage, according to a Redfin report released Monday
by Taylor Anderson Mar 21
Your home probably earned more than you did last year
Skyrocketing home valuations exceeded the median income in a majority of American cities, according to a new report from Zillow
by Ben Verde Mar 21
Zillow-owned StreetEasy is turning into a 'de facto MLS,' agents balk
StreetEasy announced on Monday that it would ban listings — not agents — who don't follow the platform's 24-hour listing policy. Agents are saying the change isn't enough
by Marian McPherson Mar 21
Inman Connect New York
Are you ready to grow your real estate business? Connect with the smartest real estate pros and learn their secrets at ICNY
by Jodie Cordell Mar 22
Trulia's former president on what makes a 'world-changing' company
Ahead of Inman Connect New York this month, former Trulia president and current proptech investor Paul Levine talks iBuying, company culture and the future of real estate
by Taylor Anderson Apr 7
End in sight for inventory crisis? Yes, but experts can't agree on when
While 38% of experts polled by Zillow believe 2024 will be the year inventory returns to 2019 levels, 36% pegged 2023 as the year. The remainder believe we'll have to wait until 2025
by Ben Verde Mar 24
Seeking an affordable vacation home? Here’s where to look
Realtor.com names the top 10 most affordable towns to find a vacation home in today’s unprecedented market
by Taylor Anderson Mar 28
Gender pay gap reduces housing choices for women by 18%: Zillow
The typical woman has an annual median income of $38,620 — roughly $15,000 less than the typical male. That income gap, Zillow said, reduces women's housing choices by 18%
by Marian McPherson Mar 31
This is the best time of year to list your home, according to Zillow
Data from the online listings portal Zillow reveals that Thursdays in late April might just be the best time to list for the greatest reward
by Ben Verde Apr 1
ShowingTime takes page from Open Table with live showing scheduler
Debuting in Dallas, Houston, Denver and Atlanta, the consumer-facing software update will speed up home showings in light of the reduced number of days listings remain on the market
by Craig C. Rowe Apr 5
Nonwhite renters saddled with higher security deposits, study says
Renters of color pay security deposits more often than white renters, and deposits they pay are typically $150 more than those paid by white renters, according to an analysis by Zillow
by Ben Verde Apr 6
Homeowner support grows for mother-in-law units: Survey
Homeowners, long resistant to new apartments in their neighborhoods, are increasingly open to other ways of adding housing units, according to a new survey by Zillow
by Daniel Houston Apr 11
'Time for a price reduction': Having the tough conversation with your sellers
Opinion
Robust seller's markets don't last forever. Now is the time to start tracking DOM, months of inventory and pricing trends so that you can have the tough conversations required when the market downturn occurs
by Bernice Ross Apr 13
Power Buyer clients made 1 offer on average. Traditional buyers? 7
A new report from Power Buyer and iBuyer marketplace zavvie says that Power Buying 'could eventually become the norm,' citing its success in helping buyers quickly purchase a home
by Marian McPherson Apr 13
Inman Connect turns 25: The top 20 moments of real estate's best bash
The event has come a long way since its beginnings in the woods of Sonoma County, California
by Andrea V. Brambila Apr 18
14 insightful tips for agents looking to save money in their business
From resisting shiny objects (so to speak) to taking advantage of local intern pools, here's how industry experts say agents can save their pennies in an ever-shifting market
by Lillian Dickerson Apr 18
'Welcome to Poundtown': Wisconsin listing photos go viral with sexy sign
The 4-bedroom house went viral for a homemade sign hanging in a bedroom
by Ben Verde Apr 19
Zillow adjusts Premier Agent pay plan with eye toward culling ranks
The shift will take place in Denver and Raleigh, and will eventually see hundreds of agents removed from the lead generation program, Zillow executives told Inman on Wednesday
by Jim Dalrymple II Apr 20
Zillow changes tune on 2023 home values and sales. Here's why
Zillow now expects home value growth to reach 14.9% through March 2023, down from its previous estimate of 16.5% growth. What's with the downgrade?
by Lillian Dickerson Apr 22
Inman Connect returns: Big parties, tech's reckoning and a Zillow pile-on
The informative and, at times, raucous event wrapped up this week after a two-year, pandemic-forced hiatus — and highlighted all the ways the real estate industry is still evolving
by Jim Dalrymple II Apr 25
For the dogs: The 20 most pet-friendly cities in America, ranked
72% of dog owners would consider moving to a home that is better suited for the needs of their pet, according to new data from Zillow and Rover released on Tuesday
by Ben Verde Apr 27
Venture fund for nation's biggest MLS will eye agent-friendly startups
With its venture capital firm — the first-ever created by a multiple listing service — CRMLS will focus only on early-stage companies improving the broker and agent experience
by Taylor Anderson Apr 27
'Writing is on the wall': Court tosses NAR counterclaim against REX
Judge finds the National Association of Realtors failed to allege facts to show how the discount brokerage specifically harmed the trade group's reputation with its own members and consumers
by Andrea V. Brambila Apr 28
This class action lawsuit threatens all Realtors: The Real Word
Opinion
This week: Byron Lazine and Nicole White discussed a decision in the bombshell class action lawsuit against NAR and Realogy, Zillow's revised forecast and Ryan Serhant's branding advice from ICNY
by Byron Lazine Apr 29
No, really, he's a keeper: Florida real estate listing includes ex-husband
Investors Gone Wild Realty broker Crystal Ball is advertising her 'wonderfully rehabbed ex-husband up for grabs as tenant' at the home she's listing at 3819 Quail St. in Panama City, Florida
by Lillian Dickerson Apr 29
From Airbnb to Zillow: How real estate is dealing with Ukraine crisis
As US businesses withdrew from Russia, Inman surveyed the nation's top real estate companies. Read on to see how 23 of the industry's most notable companies have responded to the conflict
by Ben Verde May 5
CoStar eyes 'ambitious' investment in residential following banner Q1
The commercial behemoth is ramping up spending by as much as $220M, with 'well over' 1,000 people overhauling its residential websites, CoStar CEO Andy Florance said during earnings call
by Matt Carter Apr 29
Well, this might be the most popular home on Twitter
The midcentury modern house garnered 24,000 likes and counting on Facebook and more than 122,000 likes on Twitter following a post by Zillow Gone Wild on Monday
by Ben Verde May 3
Zillow's Flex model offers 'next gen lead gen': Mike DelPrete
Opinion
Zillow's new strategy has the company going back to its roots, doubling down on agent lead gen, and extracting more revenue from real estate commissions
by Mike DelPrete May 5
Zillow turns a profit in Q1 as housing market gets 'choppy'
The company reported soaring revenues in the first quarter of 2022 but also continued its Zillow Offers wind-down, which the company said has entered its final days
by Jim Dalrymple II May 5
Does a good earnings season foreshadow trouble ahead?
Many real estate companies did very well during the first quarter of 2022, but their leaders also repeatedly mentioned the specter of 'headwinds' on the horizon
by Jim Dalrymple II May 9
Zillow flexes in the face of a cooling market: DelPrete
Opinion
Zillow and Realtor.com's Q1 results shine a light on two key factors: overall revenue growth is slowing and Zillow's next-gen lead gen business, Zillow Flex, is building momentum
by Mike DelPrete May 10
Social media pours salt in Zillow's wounds as homes are swept to sea
Rising sea levels have swallowed multiple homes on the vacation hotspot known as the Outer Banks, including 2 this week. On Twitter, the calamity was used as a cudgel against Zestimates
by Taylor Anderson May 11
Brokerages push back on NAR ad campaign targeting 'competitors'
The trade group highlighted its own members — including Zillow, Compass, Redfin, Homie, Opendoor and Offerpad — among those whom it's competing with for consumer mindshare
by Andrea V. Brambila May 12
Demise of discount brokerage REX may be imminent, reports indicate
REX General Counsel Michael Toth did not directly confirm REX was closing, but blamed NAR and Zillow for the death of its business model and said its suit against both would continue
by Andrea V. Brambila May 11
REX abandons antitrust case against Oregon rebate ban
Discount brokerage says it will focus on 'other issues that cause consumers to be overcharged every time they buy and sell a home'
by Andrea V. Brambila May 12
First rule of housing bubbles? Don't talk about them, economist warns
Zillow Senior Economist Jeff Tucker is skeptical that a housing bubble is looming, but he worries such talk could hurt future buyers in need of homebuilders to continue producing new inventory
by Daniel Houston May 16
REX hires lawyer-to-the-stars David Boies to carry on battle with Zillow
Boies, who has represented Al Gore, Harvey Weinstein and failed medical startup Theranos, told Inman he took the case because it's 'important to enhancing competition in housing markets'
by Jim Dalrymple II May 16
Team of rivals: Zillow and Redfin partner to syndicate 3D Home tours
Listing agents using Zillow 3D Home tours no longer have to manually add their tours to Redfin. This is the second partnership between the 2 real estate search portal rivals since 2019
by Marian McPherson May 18
Homebuyers descend upon a key battleground: the suburbs
The pandemic-era home market has been marked by frenzied competition among buyers. But one arena in particular has been hardest-fought
by Daniel Houston May 18
Where is Anywhere headed? Toe-to-toe with Zillow
A week after announcing Realogy's rebrand as Anywhere, CEO Ryan Schneider shared his plan for beating Zillow at direct-to-consumer business on Thursday at Inman Connect Now
by Marian McPherson May 19
Is Microsoft gearing up to compete with Zillow for rental market share?
Company is hiring staffers in China for a ‘revolutionary’ real estate venture focused on improving the search for long-term rentals. Few other details are known
by Taylor Anderson May 19
Buyers are still fighting hard, despite costly home payments
The monthly mortgage payment on a typical home is more than 50% pricier than it would have been a year ago, according to Zillow's research team, yet competition remains fierce
by Daniel Houston May 19
Insurance agency says REX is still operating, adding new wrinkle
PIUS CEO tells Inman the company is operating 'on a smaller scale,' but a former REX agent insists those operations no longer include handling real estate transactions
by Andrea V. Brambila May 19
Zillow, Opendoor and Compass debut on the Fortune 500
The companies all debuted within a few slots of established player Realogy, and highlight both the role of tech in real estate and the rise of bitter rivalries
by Jim Dalrymple II May 23
Hottest markets of 2022 revealed, and pricey suburbs lead the way
New data from Zillow shows that the most popular housing markets of 2022 so far fall right in line with that trend, with the top 10 markets all pricey suburbs just outside a major city
by Ben Verde May 24
REX pivots to single-family rental market as its Hail Mary
Two weeks after reports of mass layoffs and office closures, REX eyes serving institutional buyers in the single-family rental market
by Marian McPherson May 25
The shift has begun — but rate hikes won't be housing's Achilles' heel
Experts told Inman they expect home sales and price growth to slow down, but they don't think rising rates will knock everyone out of the market
by Jim Dalrymple II May 26